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: Math Junkie who wrote (22694)7/29/2006 9:40:20 AM
From: Kirk ©  Read Replies (2) of 42834
 
I think Hulbert's table that shows Brinker, who doesn't time bonds, outperformed all the bond timers when evaluated for timing only for the past five years, is certainly a good answer for those who like to complain every time a Brinker-recommended bond fund goes down.

Why would that matter? It doesn't change the fact Brinker recommended something that went down. You think his rating matters to those who follow his advice?

Bill Gross is the top rated bond manager on the planet with over 600B under management and he still jokes about his terrible prediction for DOW 5,000 he made a few years ago. Unlike Brinker, Gross doesn't need to cover up his mistakes.

I think Hulbert's data that that puts people who make no attempt to time the bond market at the top of the list is simply proof that attempting to market time any market leads to under performance.

Consider Hulbert did two long term market timing studies I've found. One was for 25 years done in 2005 and every stock market timer, including Brinker, under performed. He did another study back in 1998 for the period 1988 to 1998 that showed the same thing... that the "top rated timers" under performed buy and hold.

Hulbert's recent study that only looks at the past 5 years and covers 2002, the worst year of the bear market, shows that on average timers match the market in bear market periods where, perhaps by chance, some do better and some do worse.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext