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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 342.05+0.3%Jan 15 4:00 PM EST
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To: Kirk © who wrote (3283)12/23/2006 5:07:11 PM
From: Elmer Phud  Read Replies (1) of 10065
 
Kirk,

Your whole argument boils down to this: If someone knows with certainty what the market will do in the future then you can do better than Bob. On that we are in complete agreement.

You also are correct in the scenario you describe. Under those circumstances you could have done better than by following Bob's advice. The problem is that time moves in the forward direction and I am not impressed by someone who can tell me what happened in the past and I certainly wouldn't pay for what I already saw happening. So congratulations, you can tell us what already happened but near 100% certainty. If you can find a sucker to pay for that then good luck to you.
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