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: Allan Harris who wrote (2543)1/1/1998 11:51:00 PM
From: Greg Luke  Read Replies (3) of 42834
 
Allan,

I see your posting provided ample fodder for the rest of the thread, who raked you over the royal coals.

I can only add that just because someone makes money on one stock, does not mean they are a successful investor. Impulse buying (and selling), following the advise of tipsters and "experts", and a lack of discipline and patients, has a proven history of failure.

Assuming you have the chance, you will find that Bob Brinker advocates diversity, a long view of economic conditions, and selected mutual funds for his very successful track record.

I suggest you read the following:

fee-only-advisor.com

Frank Armstrong's book explains why some of the techniques advocated by the Fools are poison. Everyone and his brother has figured out that investing in the index fund of the S&P 500 is a "no-brainer". It outperforms over 90% of the mutual funds, including the "Foolish Four".

I must admit, I do have a little "mad money" invested in a particular stock I like (Intel) and one of Bob's favorites (UTEK), so a little RAIN can fall on everyone's life. However, picking individual winners is not the way to Critical Mass..no matter what Fool tells you differently.

Greg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext