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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Kirk © who wrote (6843)7/17/1999 5:14:00 PM
From: MrGreenJeans  Read Replies (6) of 15132
 
Question

So I am listening to the show and I hear Bob state (paraphrasing):

The market is priced to total perfection. Historically high. 28xs earnings. Nothing can go wrong in this market otherwise it will pullback. Yada, yada, yada.

Question: Why is he still advocating a 100% fully invested position?

Yes, I have read the marketimer and can state the reasons he sites but yet I have this edgy feeling he has valuation reservations about this market.

Why is Bob playing for the last dime when a miscalculation may cream us all?

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