I love your comments. Have you thought of e-mailing [email protected], to give him your feedback? I’ve done this with him on other topics, and he is very open-minded to feedback, and sometimes changes his position, or explains how he arrived at his conclusions.
Re the stock chart, it shows that asset classes fall in and out of favor. The S&P 500 Growth funds were in the #7 spot in 1993, in the #1 spot from 1995 – 1998, and then moved back down to the #7 spot from 2000-2005. None of the sectors consistently stayed in the top or bottom slots for the period shown.