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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Rillinois who wrote (14624)6/22/2000 1:38:00 AM
From: Math Junkie  Read Replies (2) of 15132
 
Rillinois, many of your criticisms are valid, and those of us who have been following Brinker's work for a number of years are well aware of the points you raise. But nevertheless, many of us have benefited from his advice.

Market analysis and forecasting is an imprecise business. Some feel that this makes it a futile effort. Time will tell.

One minor point regarding your statement that "He didn't have a clue about the Asian crisis": He did advise his subscribers to sell the only Asian fund on his recommended list in his July 7, 1997 newsletter. No explanation as to why, and when the Asian crisis became clear, he definitely did not anticipate the effect it would have on his UTEK recommendation. But the record is not quite as bad as you depicted.
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