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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Trebor who wrote (6123)7/21/1998 12:15:00 PM
From: Kirk ©  Read Replies (3) of 42834
 
>Not too shabby a return on investment, Mr. Brinker.<

At this particular point in time, I can't help but wish Mr. Brinker would have advised me to buy Lucent rather than UTEK.

What does one say to friends or people that pay you for advice after you keep saying: "Yahoo (or KO or DIS or CISCO or MSFT or LU) is too expensive NOW for my taste so I prefer to buy UTEK ( or AMAT or HWP or IBM or FDX or hundreds of other "value" plays)"???

Over and over we get this as they beat you up for not turning them on to the hot tulip stocks. WE are supposed to be good investors so we should have known about these tulip stocks and told them when to get in and when to get out. Yeah, right! I wonder what Warren Buffett says? Does anyone think Buffett has put large amounts of NEW money into MSFT, KO, DIS, LU, Yahoo, OnSale, etc. at these high valuations?

I think I am gaining a true understanding of what Bob Brinker means when he says most are "clueless" and will really suffer when the great bear raises its ugly head.

I've actually started recommending they read this book from Bob's reading list "Against the Gods : The Remarkable Story of Risk"

Click here to get the book:
amazon.com

Mr Rice, does LU at these levels look a bit like a tulip to you?

regards
Kirk out
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