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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: E_K_S who wrote (17511)2/28/2003 1:37:48 AM
From: geode00  Read Replies (1) of 42834
 
IMO, Bob should be discussing this level of portfolio management so the individual long term equity investor can set up his plate and be ready for either the counter bear rally or new bull market run.

I believe you may be giving Bob too much credit both for skill and knowledge. He may not possess either in this area. As Kirk and others have pointed out in the past, Bob is surprisingly ignorant of some financial issues like duration in bonds.

I think it's highly likely that Bob's lack of advice in certain areas is due to:

1. He doesn't have a clue what to do
2. He's afraid of giving advice of any kind that will bury him once and for all should it go as awry as the QQQ fiasco. In this, his risk/reward is best served by doing absolutely nothing and allowing his remaining "fans" to make all kinds of excuses for him.

The QQQ fiasco clearly illustrates that Bob really lacks basic financial literacy in a number of critical areas. How he came to such a place of "authority" without a solid grounding is a sad commentary on the state of investing these days.
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