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

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To: Kirk © who wrote (19632)10/21/2003 7:40:28 AM
From: stockalot  Read Replies (1) of 42834
 
No I have no interest in subscribing to your newsletter. I just notice you are always pitching a newsletter and talking about winning stocks in it. Others point out your losing stocks. I have seen it posted that you recommend broad based funds for a huge percentage of a portfolio and then recommend several individual stocks. If true that would mean not much would be invested in an indvidual issue. If that is the case, then the winners you brag on and the losers they rag about you on are probably unimportant. I've also heard that some of your performance was "back end loaded", that is based on moves you recommended in securities occuring before anyone could have subscribed to your letter. That certainly wouldn't be news anyone purchasing your newsletter profited from since the securities would have been higher when they purchased a subscription.

I am always suspect of someone's performance claims when they are selling a newsletter. I would imagine most after seeing the shinanigans of the last few years take percentage claims of people touting newsletter performance with a grain of salt. If not, they should.

If I were trying to sell a rag, I would probably post the first newsletter I wrote that people could and did purchase from me. I would then post the entire issue of the same month for every year I had been publishing the newsletter and also give the price and date that I sold an issue that was in the previous year's letter and not in the subsequent one. It would let a potential subscriber see exactly if your methods were for them without giving away any current information. I am told for 3 years Brinker always sent his Jan 2000 newsletter as a sample. You guys are not stupid. LOL Brinker has demonstrated there is no responsibility to be honest in reporting results and it seems that all results reported are indeed, "unaudited". :)

Actually I believe the most open policy I have seen among you newsletter writers comes from David Korn. I would suspect that anyone who was serious could ask him for a copy or two of any months of any year and he would comply without hesitation. But admittedly David's has become more a handbook of reference material and investment thoughts and suggested down to earth approaches to handling real life money situations. David's newsletter doesn't lend itself to the claims of most newsletters to have picked this or that and be the way to riches. I would call it the "Thinking Investor's Newsletter". And to borrow a phrase that doesn't fit Brinker, David's digging into topics of fixed income and equity investing empowers people to "become their own finanical advisor". Its a good read.

Like I said I have no interest in buying your newsletter and could care less about it, especially here on the Brinker thread. The rumors I have heard about your calculations may be untrue. No offense and good luck with yours. You will know you have made it when another site starts a thread about you calling you a "Savant" and you have some trusting rubes bragging on you....or maybe not. :)
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