The "Brinker effect" remains, if this forum is any guide, debatable
and, perhaps, academic. Of course, the fact that Brinker has called
virtually every turn in this market for numerous years argues, albeit
in circular fashion, the case for Brinker's power. However, it is,
admittedly, a flimsy argument. That being said, the fate of any
given specific stock recommendation by Brinker does not, in my
view, diminish or enhance said argument. There are many, I surmise,
who follow Brinker's mutual fund advice and do not partake of his
specific stock picks. Moreover, Brinker never advocates more than
1% of the portfolio be allocated for any given issue, if memory
serves. (Correction 4%: Memory did not serve. Thank you, I2.)
It might be posited that the numerical size of Brinker's audience,
at any given instant, may conceal the multiplier effect of word of
mouth, certainly, a most powerful factor in the dissemination of
information or an idea. Beyond this, the Brinker audience, assumedly
well-heeled, may wield ponderous financial clout if said audience
were to act in concert within the context of an instant in the
financial markets.
In any case, until Brinker gives us a blue moon "sell everything"
signal with attendant effect or no, the "Brinker effect" is likely
to remain a matter of pure speculation and friendly debate.
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