“You’re Not Adjusting for the Effect of Irrational Exuberance. You Have Made That Same Mistake in Every Comment You Have Advanced During the First 22 Years of the Discussions.”

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

You haven’t helped any community members.  In fact, anyone that followed your advice would have been in much worse financial shape as your advice has greatly lagged the market for the past 25+ years.

You’re not adjusting for the effect of irrational exuberance. You have made that same mistake in every comment you have advanced during the first 22 years of the discussions. That’s the mistake that Greaney made in his retirement study.

Rob