>>Model Portfolio I: October 2007:
ATH = $302,561
NOW = $171,153
Model Portfolio II: October 2007:
ATH = $241,994
NOW = $143,294
Model Portfolio III: October 2007:
ATH = $219,263
NOW = $162,563<<
those are massive losses. through in a couple gift horse "all in" bets at much higher levels and the losses are even more severe.
keep in mind that brinker almost assuredly had much more money in the market in 2008 than he did in 1998.
iow, a 100% gain in 1998 might be dollar equivalent to, perhaps, a 30% loss in 2008. we don't know what brinker put in when, but we can be be pretty darn sure he made some buys after 1998 that were much higher than the market's current valuation.
lies, d*mn lies and brinker's statistics. no wonder he doesn't like to talk about the markets! -lol-
btw, brinker is no "market timer." he may read some charts and look at some data, but that's it. he doesn't have a clue about valuations because, if he did, he would've been out of the market well before his sell call.
iow, he gambled and got lucky with that call.
he gambled in 2008 and didn't get so lucky this time.
good thing he has subscriptions to tide him over. ;-) |
