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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Ted David who wrote (3380)	2/20/1999 6:42:00 AM
From: Boca_PETE	Read Replies (1) of 15132

Ted D: Last night on PBS nightly biz report, your former associate (Suzie Garab) interviewed perma bear Bill? Fleckenstein. At the end of the interview, she recounted Fleck's poor record and asked if he had any comment to those followers who would have missed the huge rise in the market since he went bearish. THIS IS THE QUESTION THAT SHOULD BE ASKED OF YOUR PERMA BEAR GUESTS every time they appear on TV. Fleck's response was pure comedy - now that's entertainment. "Oh, there's a difference between not making money and not losing money" he said nonsensically. One gets the impression that CNBC does not track the record of its market guru guests. It should and it should hold that record up in their faces every time they appear on TV. Then viewers could understand the quality of the predictions they are hearing and consider the source. THIS IS IMPORTANT BECAUSE CNBC is compelled to reflect BALANCE (for some unknown reason), rather than reflecting accuracy (being on the right side of the market. P

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