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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Gary D who wrote (7123)7/24/1999 3:01:00 PM
From: Math Junkie  Read Replies (1) of 15132
 
<<I don't understand Kangas' point, nor his reason for bringing this issue up. So what if Bob's firm recommended individual stocks? How would that be a conflict? Somebody help me here.>>

I'll try. <g>

I think that one could imagine a scenario in which 401(k) business was steered to an investment management company as a quid pro quo for one of its principals publicly recommending the stock. I think we here know Bob well enough to know that this is extremely unlikely in his case. Nevertheless, the fact there there are some people in the world who would not be above doing such a thing makes it reasonable for a responsible journalist to ask the question.

A more likely connection, IMO, is that through Bob's acquaintance with executives of the company, he became aware of the company's new product offerings, and became enthusiastic about them, and about the future of the industry. I believe that such information is also publicly available, so I wouldn't see anything improper in it.
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