“I Am Not Aware of a Single Expert Who Says That the Greaney Retirement Study Contains a Valuation Adjustment. Full Truth Be Told, I Cannot Recall Greaney Himself Ever Saying Precisely That.”

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

Your impression?  We are to go off of that?  You don’t have any expert saying this and we are just to go with your impression?

I am not aware of a single expert who says that the Greaney retirement study contains a valuation adjustment. Full truth be told, I cannot recall Greaney himself ever saying precisely that. He has not corrected the study in the 22 years since I brought the error to his attention. He has responded abusively to all efforts by his fellow community members to warn people about the error. But I do not recall him ever saying directly that the study contains a valuation adjustment. Evidence-Based Investing, who is a general in Greaney’s army of Goons, has said that “nobody” truly believes that Greaney included a valuation adjustment in the study, “including Greaney himself.” That’s not precisely the same thing as Greaney saying it but it’s close.

I have not spoken to every expert in the field. But not one that I have spoken to has said that the Greaney study contains a valuation adjustment. So, yes, it is my impression that everyone agrees. We will know for certain once every internet site has been opened to honest posting re these matters and each and every expert in the field feels comfortable advancing an honest statement re his or her views. I have been saying that we need to open every site to honest posting since the afternoon of May 13, 2002.

I naturally wish you all the best that this life has to offer a person.

Rob