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

To: geode00 who wrote (12506)	2/28/2001 7:06:11 PM
From: Math Junkie	Read Replies (2) \| Respond to of 42834

"On it goes. It's the fault of the advisee but never the advisor." You are misrepresenting my position. For the record, I think it is the fault of both. "The one fault of the advisee was to think of Brinker as being knowledgeable in any way about how to properly invest." You are never going to find any source of investment advice or information who has only strengths and no weaknesses. It is vital to our success as investors to learn to identify both the strengths and weakness of any advisor we might listen to, without either deifying or vilifying particular personalities. There are lots of newsletters, and lots of opinions about investing strategies, and the investor needs to learn how to separate the wheat from the chaff. Even that holy Buy-and-Hold strategy breaks down in some circumstances. Looking for someone whose advice you can follow blindly is futile. That is apparently what you were doing when you took note of Brinker's success with his January 2000 call, and then concluded for some reason that his ability to forecast long-term market direction meant that he would be good at short-term trading. I fell into it myself, although for somewhat different reasons, which I have already outlined. Your statement quoted above implies that Brinker has only weaknesses and no strengths. Such rhetoric may make you feel good, but it does nothing whatsoever for your own ability to invest well in the future.