I’ve added Podcast #47 to the “RobCasts” section of the site. It’s called Rational Investing — It’s an Attitude, Not a Program.
My mom worried that stock investing was too much like gambling. My dad didn’t.

I’ve posted Podcast #46 to the “RobCasts” section of the site. It’s called Investing Is a Science (When It’s Not Science Fiction).
This is an issue that should bring Passive Investors and Rational Investors together (I believe that it will do so somewhere down the road a stretch). The big innovation of Passive Investing was to [...]

An earlier blog entry described the background of my recent correspondence with Michael Kitces on safe withdrawal rates (SWRs). Set forth below is the text of an e-mail that I sent to Michael on November 24:
Michael:
I share all of your e-mails with John shortly after I receive them. Shortly before I completed my response to your e-mail of [...]

I’ve added Podcast #45 to the “RobCasts” section of the site. It’s called I Hope We Don’t See a Market Recovery.
Stabilization would be ideal. Staying at these price levels would permit stock investors to earn an annual return of 6 percent real for well into the future. A return to overvaluation would likely bring on [...]

I’ve added Podcast #44 to the “RobCasts” section of the site. It’s called Investing News Makes Us Dumb.
Sometimes less is more.

An earlier blog entry described the background of my recent correspondence with Michael Kitces on safe withdrawal rates (SWRs). Set forth below is the text of an e-mail that I sent to Michael on November 24:
Michael:
Thanks for providing Bill Bengen’s e-mail address. I’ll let you know if anything significant comes from my communication with him.
I of course understand [...]

I’ve added Podcast #43 to the “RobCasts” section of the site. It’s called Let’s Disrupt!
New ideas sometimes make us feel a little funny in the tummy. That’s normal! That’s healthy! That’s good!

An earlier blog entry described the background of my recent correspondence with Michael Kitces on safe withdrawal rates (SWRs). Set forth below is the text of an e-mail that Michael sent to me on November 24:
Rob,
I’ll have to see what I can do to try to listen to the Podcast. Life is hectic these days, and it’s [...]

I’ve added Podcast #42 to the “RobCasts” section of the site. It’s called Saving Bill Bengen.
Bill is an Old School safe-withdrawal-rate researcher. He has advised his clients to get out of stocks entirely because of the recent economic problems. Did he do the right thing?

I’ve added Podcast #41 to the “RobCasts” section of the site. It’s called Bogle and Valuations.
Bogle recently pointed out that the market now values U.S. businesses at about $9 trillion less than it did just one year ago and that that’s crazy. He’s right. The market was not valuing things properly one year ago. That [...]