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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Rillinois who wrote (11663)	2/3/2000 11:25:00 AM
From: Investor2	Read Replies (2) \| Respond to of 15132

RE: "Don't you find it fascinating that despite most BrinkerBots denying that they blindly follow Brinker, most everyone has flipped on a dime and decided to reduce their equity allocation to the 60/40 split?" It's fashionable to post messages such as, "Nobody can see the future." Or, "We must all accept responsibility for our own investment decisions." Or, "We must do our homework and consider all of the available information." Messages like these are often statements of the obvious or regurgitation of the conventional wisdom. As for me, I'll admit that I've been doing a lot of my selling based on Bob's recommendation. FWIW, my current allocation is approximately 45% equities (about one-third of which are international), 25% bonds, and 30% cash. Best wishes, I2

To: Rillinois who wrote (11663)	2/3/2000 5:28:00 PM
From: Math Junkie	Read Replies (1) \| Respond to of 15132

Rillinois, you wrote, "Don't you find it fascinating that despite most BrinkerBots denying that they blindly follow Brinker, most everyone has flipped on a dime and decided to reduce their equity allocation to the 60/40 split? Are we to believe that everybody did their own homework and coincidentally reached the same conclusion as Brinker?" You make it sound like no one should ever take anyone else's advice; that everyone should become an investment analyst in their own right. A laudable goal, but hardly practical. You might as well suggest that everyone should be their own lawyer or brain surgeon. For most of us, it is necessary to seek expert advice, and that means that we must go through some kind of process for selecting our lawyers, brain surgeons, and investment advisors. Can you accept that there is validity in taking someone's advice as long as serious thought is given in advance to one's reasons for doing so? Speaking for myself, although it only took two days to realign my portfolio in line with Brinker's recommendations, that followed a four-year process of tracking his advice and comparing his results to my own. So when the recommendation came out, the decision had already been made. All that was necessary was to review my reasons for having decided in advance to take his advice, read the newsletter and see if the logic seemed reasonable, total up my portfolio and see how I felt about the risk vs. reward possibilities, and either pull the trigger or not. It also helped that he had been sounding more bearish for some months before the change, and that the change had been pretty effectively telegraphed by his comments on the program that he would be talking about asset allocation on the next week's program, and by the shutting down of his web site. The following post, from a couple of weeks ago, gives some more detail on my thought process in deciding to follow Brinker's advice. Message 12634098 Now, am I anything special? No, I'm just another guy with a computer shooting off his mouth on the Internet. So I see no reason for assuming that others have made their decision without giving it serious thought. Richard A card-carrying BrinkerBot