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’m still willing to flip hamburgers if that’s what it takes”
You are good at saying that.
Not so good at doing it.
I’ve been paying a price for not being willing to post dishonestly about stock investing for 20 years, Evidence. If things get to the point where I need to flip burgers, I’ll do it. Things aren’t at that point. But I would feel better flipping burgers knowing that I had the courage to tell my friends that the retirement study posted at John Greaney’s web site lacks a valuation adjustment than I would feel making a six-figure income and knowing that I kept it zipped re the error in the Greaney study because I knew what you Goons would do to me if I gave voice to the obvious truth about it.
Even you acknowledged in your famous post from late 2021 (my favorite Goon post ever!) that the Greaney study lacks a valuation adjustment. Has Greaney ever told you that he agrees with you? Have you ever asked him? It seems to me that that would be a construtive thing to do. You said in your famous post that even Greaney himself agrees that the study lacks a valuation adjustment. But in 20 years I have never heard Greaney say that. Why do you think that is?
Rob


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