SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dijaexyahoo who wrote (22424)7/23/2006 1:39:52 PM
From: stockalot  Read Replies (1) of 42834
 
One of my favorite Flippity Flop Fibs by Brinker concerned his going to cash in 88, the only time in his whole life Brinker went 100% to cash and claimed at the time to be bearish.

He wandered around with different allocations until he became fully invested on the eve of the first gulf war in 91. There was no bear and indeed the market moved up something like 30% during that time.

Brinker claimed he "changed" his model to prevent that from happening. I listened one day and he said that he had backtested the model and it had proved that it would have worked perfectly through that and other such periods.

A year or so later another caller brought up the change in the model and mentioned the back testing. Brinker had forgot his speel from the year before and interupted the caller saying.

"I never backtested the new model. There would be no reason to do so. You already know the results so it would be silly to backtest, knowing the results."

So there you have it Dija, You can take your choice. Brinker was either lying when he said he "backtested" his model or he was lying when he said it was "silly to backtest" his model. He simply couldn't remember the fibs. That is a great reason to simply tell the truth. I have many more if you like.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News