Vanguard Diehards

Book Quotes

Rob Reed — Sat, 02 Sep 2006 11:19:00 GMT

jason375 link: I briefly perused quotes by author and reader's comments about his "book".

The "book" is nothing more than a piata begging to be smacked. The "book" seems to be filled with random musings and rants, and written by an author consumed to lead others down a dead-end path along with their family and children. If a person spent as much time with their children as being spent posting gibberish on the internet, then I could at least see the argument of quitting one's job and living a basic survival lifestyle.

Originally posted in thread: 52919

Amazing.

JMacDonald — Sat, 02 Sep 2006 10:13:00 GMT

Hi,
You have to admit that Rob is amazing. He has managed to become the center of attention. I don't for a moment believe his story or his investing views, but he is getting his 15 minutes of fame.

He reminds me of a cartoon I saw in the New Yorker. It showed two dogs with one using a computer. The dog using the computer said, "On the internet, nobody knows you are a dog." Best Wishes.

Joe

Originally posted in thread: 52919

Saving passion

Ifindoubt1 — Sat, 02 Sep 2006 03:35:00 GMT

"There's a section in the last chapter of Passion Saving in which I discuss the pros and cons to my family of the decision I made to leave a high-paying job...
"There are pros and cons..
"I remain confident, though, that I made the right decision for me..."

Rob, did you ever consider that your family may want you to go back to work so they don't have to hear endlessly how one can retire early?
Any Diehards attempting to follow Rob's path can do so if they follow Passsion Saving at your local Amazon or somewhere. That's PASSION SAVING.

Originally posted in thread: 52919

There is an online review of the book

jason375 — Fri, 01 Sep 2006 19:31:00 GMT

link

some pretty amusing comments I thought

Originally posted in thread: 52919

Sorry #58

arrete — Fri, 01 Sep 2006 17:27:00 GMT

I get it. It was a joke.

Kathy

Originally posted in thread: 52919

#58

arrete — Fri, 01 Sep 2006 17:25:00 GMT

Have you read it? If so, what were your impressions of it? If not, how can you comment on it?

arrete

Originally posted in thread: 52919

Rob's book

cashNcarry — Fri, 01 Sep 2006 17:12:00 GMT

I think he might say that he has not been able to get a commercial publisher because they are reluctant to challenge the "conventional methodology: of investing.

More likely they can't recognize true genious when they see it, and instead keep publishing that tripe put out by Bogle,Bernstein,et. al.

Jeff

Originally posted in thread: 52919

#49 arrete

earnabuck — Fri, 01 Sep 2006 11:25:00 GMT

You gotta be kidding. With all the abuse Rob has taken both on here and from the intercst bunch, you have the nerve to come crying about that? Wow.

Originally posted in thread: 52919

Jeff, Rob has published a book

jason375 — Fri, 01 Sep 2006 10:55:00 GMT

Though a vanity publisher. Maybe he is successful in his own view. I think he might say that he has not been able to get a commercial publisher because they are reluctant to challenge the "conventional methodology: of investing.

Originally posted in thread: 52919

#53 Experts

cashNcarry — Thu, 31 Aug 2006 23:48:00 GMT

People tend to respect the opinions of those who have been sucessful at their chosen profession, a bit more than those who have been well, less sucessful. I would wager that both Dr. Bernstein and Scott Burns are reasonably successful in their chosen professions, as authors, and in regards to personal finances. While I certainly don't take everything they say as gospel ( or anyone else's opinion for that matter ), or even understand some of it, I would tend to give them some credence based on rep alone. Of course, if "sucess" is measured by output of blovated verbiage, hocus wins hands down. What would he do without the internet? Best not to think about it.

Jeff

Originally posted in thread: 52919

# 53

Allan — Thu, 31 Aug 2006 20:48:00 GMT

One way was to write books and columns that were actually published and bought and read by a great many of people and generally accepted by others as knowing what they are talking about.

I don't see that Rob gets any kind of acceptance of his ideas on these forums, which by comparison is a very small group of people.

Originally posted in thread: 52919

How do you get to be a "financial expert"?

Sirschnitz — Thu, 31 Aug 2006 20:13:00 GMT

In post #39, Allan said,

"The problem I have is that Rob is putting himself out to the general public as a financial "expert", questioning the real experts like Bernstein and Scott Burns, sort of publishing a book, touting his blog, his websites, etc."

Perhaps Allan can explain how W. Bernstein became a "financial expert", considering that he is a medical doctor by training and education. Scott Burns has a Bachelors degree in biology and has been a financial columnist for about 20 years. How did he get his "expert" status?

I suspect the answer to both is that their investing style is in accordance with Allans. Ipso facto, they are experts.

Regards,
Russ

Originally posted in thread: 52919

literary reference

georgess — Thu, 31 Aug 2006 19:07:00 GMT

This whole discussion reminds me of a short story I read long ago. Our protagonist was a British ex-pat who retired at a young age to a Tuscan village, in full knowledge that he would run out of money before he ran out of time. His solution was to be suicide. The narrator visits the village several years later to find his tomb, and, instead finds him, begging on a corner for scraps. Turns out he did not have the stomach to do the deadly deed.

Anyone have a clue to the author? (Maupassant, Hemingway, Bradbury are possibilities). I'd like to read it again

--G

Originally posted in thread: 52919

Let's end this thread in Gummy style......

Random Musings — Thu, 31 Aug 2006 18:18:00 GMT

ZZZzzzzzzzzz............

RM

Originally posted in thread: 52919

Friends

hocus — Thu, 31 Aug 2006 18:15:00 GMT

pretend we're friends

Kathy and I had friendly relations for years prior to the day when I reported what Bill Bernstein said in his book about safe withdrawal rates.

I see no reason why Bill Bernstein's accurate reporting (we have done a lot of work checking out his claims over the past four years) of what the historical data says about SWRs should cause me not to be friends with her. She is of course free to feel as she pleases about me.

My friendships are not dependent on what the individual who I have come to think of as a friend believes about safe withdrawal rates or any other investing topic.

Rob

Originally posted in thread: 52919