Bob Brinker: Market Savant & Radio Host Message Board

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

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From: stockalot	9/18/2005 8:03:48 PM
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Richard Palm insisted the reason no one talked about Brinker these days on the internet was all due to me. Hmmmm amazing considering I never posted on this August thread more than a handful of times and then only after it was dead as a wedge. Richard announced this conclusion absolving Brinker of blame for his downfall on t he net instead of a question I posed to those who like Richard still seem to believe in Brinker and keep the faith that he is helpful to them. The question I asked I will repost here in case any of the former cult members who bought into Brinker's claims would like to answer. Yesterday I caught a segment of Brinker's program where he was drumming up business for his profit center "the reading list" by talking with the author of "Playing the Loser's game". The interesting author's whole premise was that stocks are priced in the market with such efficiency that it is nearly if not impossible to beat the market. Brinker loved to goad the guy into bashing mutual fund managers ability to pick stocks. My question to Richard or others who still consider Brinker a legitimate advisor to be trusted was this. Do you believe the guy who wrote the book and talked about how thinking you were going to beat the market was similar in thought to thinking you are going to beat the casino with marketiming? Indeed people can get lucky and "outperform" the casino (market) for a while, sometimes quite a while, but in the end the casino (market) wins, the author said. Now do you think the author would sanction Brinker's approach of claiming to be able to call times to get totally in and totally out of the market over the long term? Do you think the author would give Kudo's to a newsletter seller who would recommend up to 1/3 of a portfolio be used to buy QQQQs in the 80s, use no stops, give no real leadership or discussion as the security fell down to under 20.00..only to hide the call and never close it out? Or do you think the author would be including such a guy with those stockpickers as detrimental to your wealth?

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