Hopper,
'Tiz a good one!
You will notice that the Peters strategy relies on growth of the dividend distribution itself, rather then portfolio growth due to reinvestment of excess yield. That is, if he want's to take 6% out of a portfolio, he would construct a portfolio that yields 6%, but that has a dividend growth rate of, say, 4%, to cover inflation. The Lobomethod would use a 10% yield portfolio, withdraw the same 6%, and reinvest the excess 4% yield. Both methods would have an overall growth rate of 4%.
However, any actual growth rate in the dividend yield itself would be compounded with my method. That is, my method assumes nothing about that dividend growth rate, and really assumes NO growth.
Retired, are you the one who posted the review, on Amazon, for the book?