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Rob Bennett
Attended George Washington University Law School
Lives in Purcellville, VA
276 followers|3,700 views
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Rob Bennett

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<i>Secondly, your credibility on SWRs is also lacking. </i>

I am the person who discovered the errors in the Old School safe withdrawal rate studies, Sammy. That was in May 202, ten years before the Wall Street Journal reported on those same errors.

<i>As to Jack Bogle, we can compare his work and accomplishments and I don't think you are even qualified to shine his shoes</i>

Jack is a giant, Sammy. I certainly give you that one. I rank him second inly to Robert Shiller.

But why didn't Jack see the errors in the Old School SWR studies when I did. That's odd, no?

Shiller revolutionized the field with his 1981 finding that valuations affect long-term returns. Bogle has not changed his investment advice one iota in response to that .
revolutionary finding. He is today 33 years behind the time.

We all should be grateful for his real contributions, which are many But the sad reality today is that much of Bogle's investing advice is dangerous.

That's my sincere take re this terribly important matter, in any event.

Rob
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Rob Bennett

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Here's the link to the Bennett/Pfau research paper, Nog:

http://mpra.ub.uni-muenchen.de/29448/1/MPRA_paper_29448.pdf

Rob
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Rob Bennett

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I encourage you to take a look at the peer-reviewed research paper that I co-authored with Wade Pfau, Nog. There is a reliable method to identify when stocks are dangerous and it is available to every investor today.

Rob
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Rob Bennett

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I am the fellow who taught Wade all about Valuation-Informed Indexing, Sammy. We worked together on the paper for 16 month. Wade has openly acknowledged that all the ideas that drive the research done in the paper were made. Wade wrote all the words in the paper and completed all the risk testing.

Please read the comments he made about our respective roles set forth at the bottom of this article:

http://arichlife.passionsaving.com/2012/08/05/academic-researcher-silenced-by-threats-to-get-him-fired-from-his-job-after-showing-dangers-of-buy-and-hold-investing-strategies/

Take care.

Rob
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Rob Bennett

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I love Bogle, Sammy. I am his biggest fan.

But the evidence that I today more than him about how stock investing works is overwhelming. I am the person who identified the errors in the Old School safe-withdrawal-rate studies. That was way back in May 2002. Jack has not come out for correction of those studies to this day. 

Ask yourself this question -- How has Bogle's advice changed as a result of Shiller's "revolutionary" (Shiller's word) finding that valuations affect long-term returns? Shiller was awarded the Nobel prize for his work. And yet Bogle has not changed his advice one iota as a result of his work. Huh?

Bogle made a huge contribution and I am grateful to him for it. But he is now 33 years behind the times in what he says about how stock investing works. And he is killing the investors who listen to him by not making an effort to bring things up to date.

That's my sincere take, in any event.

Rob
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Have him in circles
276 people
Steve Nicastro's profile photo
Monica Iannacone's profile photo
SJ Options's profile photo
Alan Hendricks's profile photo
KE Mei Lie Temple Grobogan 柯美莉 印度尼西亞's profile photo
Jacob Wolinsky's profile photo
jefferson michelle (see debt run)'s profile photo
Hope Gibbs's profile photo
Invest To Success's profile photo
Work
Occupation
Personal Finance Journalist
Employment
  • Personal Finance Journalist, present
  • Ernst & Young
  • Tax Analysts
  • Daily Tax Report
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Purcellville, VA
Previously
Philadelphia. PA - Washington, D.C. - Arlington, VA
Story
Introduction
For background on this writer, please take a look at the Google Knol entitled "Rob Bennett."

The "People Are Talking" section at Rob's "A Rich Life" blog (it's on the left-hand side of the home page of the blog) sets forth 80 comments re Rob's work, some from experts in the field and others from ordinary people trying to learn about new and more effective saving and investing strategies.

To contact Rob, please go to the "Contact Rob" page of his www.PassionSaving.com web site.
Education
  • George Washington University Law School
  • Catholic Univerity of America Law School
  • Temple University
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Gender
Male
Other names
hocus