SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: orkrious who wrote (7989)8/22/1999 11:46:00 PM
From: marc ultra  Read Replies (1) of 15132
 
Jay re<<<<Let's say Brinker calls for a bear market. Let's even make the assumption that he's right. Is it not better to hold onto the stocks you think are undervalued (I know they may become more undervalued) and ride it out?>>>>

NO, unless you enjoy losing hard earned profits. Since you have only listened to the show a few times you don't have the track record of many years of Brinker making many brilliant calls on buying opportunities etc. I was skeptical for quite a while with a small amount in an index fund when I first heard Bob, I suspect most are when they first hear him. It takes several years to really appreciate the broadness and depths of Bob's abilities which are based on his professional background and ability to utilize it. The only times when I screwed up bad in the past many years was when I went against his advice. I think another fact that should be considered is that Bob has often stated one of the worst things an investor can do is be out of a bull market and his model and approach is not to try to catch small movements in the market but stay with the major trend which has been bullish for the past 9 years. The fact that the factors that led to this mega bull market are all starting to deteriorate and that a bear call from Bob may materialize perhaps within the next two months is something I not only wouldn't ignore but depending on the circumstances will not only be risk adverse but may even wish to take on some risk on the short side if conditions seem appropriate. The factors Bob is talking about deteriorating now are not some super secret black box issues but are the kind of things that have historically led to the end of bull markets and I am glad he is speaking about them so maybe we'll stop hearing from those who acuse Bob of being just a permabull in in a market timer's clothing

Marc
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext