“If There Hadn’t Already Been a 21-Year Cover-Up of Shiller’s Nobel-Prize-Winning Research on the Morning of May 13, 2002, There Wouldn’t Have Been a Peep of Objection When I Suggested That the Board Community Explore What the Safe Withdrawal Rate Was When Valuations Were Taken Into Consideration.”

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

“ I was elected.”

Who elected you?

The Universe. Fate. Evolution. God. Whatever you care to call it.

I was placed in circumstances in which I either had to sell out my friends at the Retire Early board by pretending that I believed that that the Greaney retirement study contains a valuation adjustment or post honestly and thereby bring down the wrath of you Goons. I didn’t ask to be placed in that situation. If there hadn’t already been a 21-year cover-up of Shiller’s Nobel-prize-winning research on the morning of May 13, 2002, there wouldn’t have been a peep of objection when I suggested that the board community explore what the safe withdrawal rate was when valuations were taken into consideration.

Faced with those circunstances, I chose to post honestly. No regrets. I don;t take it back. We’ll see where it takes us in the days following the next Buy-and-Hold Crisis. My personal belief is that it is going to take us to some absolutely amazing places. But we’ll see, you know?

Rob