“It’s Not Really Greaney That Is the Problem. The Problem Is That Many Normals TOLERATE Greaney’s Behavior. So Behavior Norms That Apply in Every Other Field of Life Endeavor Do Not Apply in the Investment Advice Realm.”

Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:

“When he saw the article in the Wall Street Journal saying that I had been right all along, he gave me a call. I told him about the bans. He was shocked. He said that he was going to put up a post at the Bogleheads Forum telling the story. I told him that he would be banned if he did. He made a bet with me that he would not be banned. Of course he was banned within 30 seconds of advancing the post.”

First of all, I have no doubt that everything in that paragraph is a lie. Which of course is nothing new.

Will you ever get past your Greaney obsession? It’s been 20 years and you’re just as pissed as on day one. Constantly ripping on him only reflects on you. Your current real-life isolation and squalor should have clued you into that by now. Greaney is nobody, except presumably to Mrs. Greaney. Comparing Bengen to Greaney is like comparing Elvis to the third backup Elvis impersonator in Pig’s Knuckle, Arkansas. Yet you just can’t help yourself.

It’s not really Greaney that is the problem. The problem is that many Normals TOLERATE Greaney’s behavior. So behavior norms that apply in every other field of life endeavor do not apply in the investment advice realm. Hence that CAPE value of 35 that applies today. I can handle Greaney so long as everyone around me enforces the same laws in the investing advice field that they enforce in every other field of human endeavor.

Rob