A Bob Brinker Fan and Critic Club Message Board

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Technology Stocks : A Bob Brinker Fan and Critic Club

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Jan 30 4:00 PM EST

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To: LLCF who wrote (50)	1/16/2009 11:43:42 AM
From: Kirk ©	of 123

By my calculation, Brinker's "Balanced" model portfolio #3 lost nearly 24% in 2008. Brinker only seems to post his annual return when he beats the market and makes money .... The FREE balanced portfolio Randie Spiegelman (now VP at Schwab) and I started recommending back in the 1990s.... 50% total bond and 50% total stock market, only lost 16% last year. That is an 8% performance difference for a conservative portfolio. To me that is worse than Brinker's P1 and P2 losing 40% and 37%, respectively last year. What blows me away is Hulbert still gave him an "honor roll" position for 2008.... What good is a market timer who under performs while being fully invested during the biggest bear market since the great depression with an ALL IN GIFT HORSE buy in the mid 1400s less than a year before the market crashed to the 700s??? Now I've been waring about this for OVER a decade now after I learned Brinker rode the 1987 bear market down while fully invested THEN went to cash. He didn't return to fully invested until 1991. At least this time he has another buy out rather than a sell.... We've had 3 major bear markets and one minor one 1987: Brinker missed it and went to cash near the bottom... double mistake. 1998: Minor bear market. Brinker did not take profits, issued a buy when the market was only down 10% before it went down 20% and he did not issue another buy. 2000-2002: Brinker only took 65% out in 2000 but RECOMMENDED SUBSCRIBERS put up to half back into the more risky QQQ that is still down huge... like over 60%. He did this "off the books" and advertises his results without that loss that lowers his P1 total funds by about 30%. 2003-2007 bull market. Correctly got in close to the 2002 bottom but was quite cautious with "DCA on weakness" Gave a Gift Horse Buy at 1450 as the bear market was in the early stages. More bullish at the top than at the bottom by words and P3 asset allocation which he set at 50:50 in March 2003 and had at 67% equities in late 2007. 2008, while fully invested, told callers to not rebalance P3 and called bears "cassandras" on the last bear market rally to above 1400. Several more "all in buys" in 2008 in the 1300s and 1200s. Any more "all in buys" now are a joke but he'll get a ton of good press by lazy reporters and bloggers who don't research his history... mainly because he makes it very difficult to get back issues.... or see his returns by year.

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