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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Math Junkie who wrote (10804)	11/20/2000 10:05:33 AM
From: Kirk ©	Read Replies (2) \| Respond to of 42834

Wow! I just checked the link, and you sure look different without the beard! Who's that stranger in the picture? <g> Thanks. Shaving was cheaper than anti-aging pills they sell on the radio with those market timing radio adds! You are certainly smart enough to see through the "puffing" and get your value in a useful way. My goal with a web site is to teach people that are truly clueless about the market and that means getting them to NOT chase after the latest hot fad (like B2B) or engage in jumping in and out of the market as many do as they believe that they can enjoy the upsides in the market and side step the risks. Brinker chose this as his profession but starts his clock AFTER he went to cash in the 1997 crash where his market timing hurt his returns. Even now, if you compare his returns from when he restarted his portfolios AFTER going to cash, he underperforms a buy and hold S&P500. one of his regulars did a study and posted it here: suite101.com I have no problem saying he is a market timer, I just think he should allow people to post the facts on what it really means (under performance) when he says how well he has done. To be honest, even if he under performs the S&P500, it was by about 1.5% each year if memory serves me and that really isn't too bad compared to how many do. IF Bob was a mutual fund, then he would not be allowed to restart his portfolio performance after a really bad spell as he did in 1998. Well, I guess he could close one fund and merge it with another as the Montgomery small cap Opportunity fund did right after Bob recommended it and small caps before we had major large cap outperformance. Bob's goal is to sell newsletters and promote a radio show as he was promoting B2B right at the peak and now doesn't take responsibility for it saying "I did not recommend that fund as I didn't put it in my model portfolio." He "only" put TEFQX on his recommended list in Jan 2000 and created a B2B discussion forum on his site to promote B2B last December. IF you follow that logic, then Bob did not recommend putting up to 50% of ones dry powder into QQQ even since he didn't do it with his model portfolios. Think of it. IF the market goes up, he can tell all that his subscribers were told to put a large sum into the riskiest sector fund in the market. IF the market tanks, he can say his model portfolios remained at 65% cash and he did not "recommend" buying QQQ as he didn't do it with his model portfolio. You have to admire someone that engineers it so he can't lose no matter what direction the market goes. Kirk out PS thanks for the feedback on returns. I give up to date ones when people request email. I'll try to find the link you mention and update it.