The Justa & Lars Honors Bob Brinker Investment Club Message Board

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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Investor2 who wrote (11196)	1/15/2000 8:15:00 PM
From: Lars	Read Replies (1) of 15132

Investor2, >>> Others (probably the older, more experienced investors) would likely accept weeks or months of sideways or slightly higher equity prices before they make the "right or wrong" judgement. The third thing that will effect the "right or wrong" assessment is the investment style of the individual. The short-term traders who try to sell at the top of each minor correction and buy back at the bottom of the next dip will accept only an error of perhaps 5%. On the other hand, those who are simply trying to avoid those periods like 1966 to 1982, where the market dropped over a 16-year period, might accept an error of 10 or 15%. I'm sure that all of the different perspectives will certainly lead to a lively discussion over the next few months. >>> Good points. I think Bob is going to be subjected to vicious criticism in the days and months ahead. The discussion will get lively. Many will forget what he has helped them achieve in the past decade; rather, they will suffer from being legends in their own minds. I have immense respect for Bob regardless of what happens. He has made a tough decision and I respect him for that.

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