“I Think Bogleheads Matters a Great Deal. A Significant Percentage of the Material in My Book Is Rooted in Things I Learned By Interacting With Lots of Smart People at Bogleheads.”

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

The Bogleheads don’t matter. They’re a small slice of the internet investing community. If you’re right then go out and prove it while somehow explaining how an investing genius like you are broke and pushing 70.

I think Bogleheads matters a great deal. A significant percentage of the material in my book is rooted in things I learned by interacting with lots of smart people at Bogleheads.

I view the Bennett/Pfau research as the most important research published in this field since Shiller’s Nobel-prize-winning 1981 research. I met Wade on Bogleheads. So that research wouldn’t exist without Bogleheads. That’s just one example.

Bogle put up his post saying that he could see how there might be circumstances in which market timing could work at Bogleheads. He had never said that before. That was a significant advance.

Bogleheads is potentially a great place. But obviously it needs to be opened to honest posting re the peer-reviewed research. It’s unfortunate that I even need to say that.

Rob