Set forth below is the text of a comment that I recently posted to the discussion thread for nother blog entry at this site:
Greaney has nothing to do with what I said. Why change the conversation. It just shows you are trying to distract people.
Wade Pfau admits now that market timing failed, so you can’t even spin that anymore.
Wade never should have been threatened. If Buy-and-Hold were a real thing, every Buy-and-Holder would speak up in opposition to the intimidation tactics that you Goons have employed to suppress discussion of the last 42 years of peer-reviewed research.
But say that Wade had flipped of his own volition. If that were so, the fact that there was a time when he believed that “Yes, Virginia, Valuation-Informed Indexing works!” would mean that honest posting re the research should be permitted. Wade holds a Ph.D. in Economics from Princeton. If some with that background find merit in market timing even for a brief time-period, it is something that we should be permitted to discuss at every site. People should be able to hear both sides and make up their own minds.
Greaney’s failure to correct his retirement study for 21 years is very relevant. It’s been 21 years. There are people who used that study to plan their retirement. What does it say about Buy-and-Hold that the study has not been corrected to this day?
Rob
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