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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Rillinois who wrote (14656)11/12/2000 1:42:17 AM
From: Raven  Read Replies (3) of 15132
 
<There should be some sort of monitoring of advisors, like "Morningstar" for mutual funds.>

There is. Mark Hulbert can be found in many libraries. After Bob failed to recognize the '87 crash Hulbert ranked Bob at the very bottom of all advisers. Only Joe Granville was lower. For years Bob dismissed Hulbert's rating though Hulbert was to "Advisers" what Morningstar is to Mutual Funds.

But I think Bob has matured enormously since those days and he has sincerely tried to educate himself and improve his signals. The '87 experience and the ridicule that followed for years must have effected him greatly.

His macro call of the 90's has been enough to change those ratings. Perhaps Bob is a little over zealous in his short term attempts, but he may still be proven right. Why not wait a little longer before judging. The barn door hasn't closed yet, has it?
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