>>>the fact that his model has turned out to be hit-or-miss makes the whole issue of whether people are distorting his record seem a lot less important.
His model has certainly been hit or miss on the last go around. You may or may not have noticed I'm less enthusiastic about Brinker lately because of this. That is, if I ever was enthusiastic to begin with.
But what I find disturbing are others who are selling their own products who come in here and act like they're some kind of expert on all things related to investing. Often this is done with an enormous amount of arrogance.
Some even try to act like they rub elbows with well known names in the investment community. Here again, there is a type of arrogance which is displayed.
On occasion, they will post a link to their own site, which is basically nothing more than spam.
These are the people who show up after a market move and claim that they sold at the top, and bought at the bottom, while the whole time claim they don't try to time the market. Then you look at their annual results and realize that the simple IFA-50 account beats them hands down, with much less risk, and fewer tax implications (for those investing in a taxable account). Of course, when you point this out, they say you are cherry picking, then they cherry pick a time when they did well, and tell you all about it. Then they claim others to be liars. All, of course, in defense of their "record."
I find these people to be disturbing. Luckily their numbers are few. |
