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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Skeeter Bug who wrote (4807)4/29/1998 1:06:00 AM
From: michael meyers  Read Replies (2) of 42834
 
Skeeter, a good post. As you say, investing is about probabilities . It is the overall portfolio return vs. risk that matters, not any one individual recommendation. If you are like me, you have some real duds and some stars. The duds were not mistakes any more than the stars were strokes of genius. The point is that having a diversified portfolio [with *necessarily* some losers ] reduces risk far more than return, leading to a much better risk/return ratio. Bottom line, rubbing Bob Brinker's nose in his recommendation of UTEK is missing the whole point, specifically the diversified portfolio approach that Bob Brinker constantly advocates.

Regards,
Michael
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