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


To: Rillinois who wrote (14624)6/21/2000 12:24:00 PM
From: KurtSS  Read Replies (2) | Respond to of 15132
 
I take it you don't listen to Bob very often. Either that, or your hearing is very selective. You obviously don't realize he has said numerous times that he does not have a crystal ball (e.g., Asian crisis) and you don't appreciate his efforts to manage risk (not calling Oct '99 a buying opportunity). As for July through Dec '98, and money market returns vs. equities, I wonder how many investors weigh the importance of returns for specific 6 month timeframes higher than for 1,3 or 5 years? Bob has always stated that his focus is the long term, and that most of his timing activity is long term in nature also. (If a significant dip in equity values for 6 months is a big concern to you, I wonder why you invest in equities.)

I guess we should all expect that you would miss many of Bob's key points since you haven't bothered to read the charter of this thread either.

KurtSS (now going back to lurk mode)



To: Rillinois who wrote (14624)6/21/2000 1:10:00 PM
From: rsie  Read Replies (3) | Respond to of 15132
 
as one famous movie star once said..."a man must know his limitations"

I do not have a crystal ball either.....

who do you listen to? who called the asian crisis....who is your guru? he must be good...can you give me a web site so I may "convert"?

your views are very interesting and I hope that others on the web site let you use this venue to express them...

"a man must know his limitations" Rich



To: Rillinois who wrote (14624)6/22/2000 1:38:00 AM
From: Math Junkie  Read Replies (2) | Respond to of 15132
 
Rillinois, many of your criticisms are valid, and those of us who have been following Brinker's work for a number of years are well aware of the points you raise. But nevertheless, many of us have benefited from his advice.

Market analysis and forecasting is an imprecise business. Some feel that this makes it a futile effort. Time will tell.

One minor point regarding your statement that "He didn't have a clue about the Asian crisis": He did advise his subscribers to sell the only Asian fund on his recommended list in his July 7, 1997 newsletter. No explanation as to why, and when the Asian crisis became clear, he definitely did not anticipate the effect it would have on his UTEK recommendation. But the record is not quite as bad as you depicted.