SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (13041)3/14/2001 3:50:50 PM
From: Skeeter Bug  Respond to of 42835
 
>>NOW, I think he betrayed that loyalty as the recommendation to "act immediately" was targeted at his conservative investors as well as the "agressive investors".<<

jw, says that isn't true. perhaps he can't stomach what it means...

2 links fer ya to ponder...

public.wsj.com

cross-currents.net



To: Kirk © who wrote (13041)3/14/2001 4:07:41 PM
From: Math Junkie  Respond to of 42835
 
Kirk,

Theodore wrote of easing up on "criticizing BB for being a human who makes mistakes," to which you replied, "Why should Brinker be held to a different standard than he built his show on?"

The problem is that the intensity of the criticism has gone beyond all reason.

We've all heard the old adage, "Imitation is the sincerest form of flattery." There is more than a little wisdom in that statement. It is self-contradictory to, on the one hand, criticize Brinker for playing up the faults of others and minimizing his own, and on the other hand to not only engage in those same tactics, but to escalate the discussion to such things as name-calling (at a level far surpassing anything that Brinker has ever engaged in), ridicule (e.g. the Bozo photo), and revenge (e.g. trying to get him taken off the air). There have been many posts along those lines from various people.



To: Kirk © who wrote (13041)3/14/2001 4:35:04 PM
From: Math Junkie  Read Replies (1) | Respond to of 42835
 
"NOW, I think he betrayed that loyalty as the recommendation to "act immediately" was targeted at his conservative investors as well as the "agressive investors"."

That seems like an exaggeration. "Betrayal" implies a deliberate intention to sacrifice the well being of his subscribers for his own, which would require either that he didn't really believe in the advice he was giving, or, as you have implied, that he was recommending a level of risk-taking that was excessive for those of his subscribers who were risk-averse. I have seen no evidence for either case. With regard to conservative subscribers, the highest allocation he recommended for them was 30% of their 32.5% cash reserves, which is less then 10% of the total portfolio. So even if QQQ went to zero, it would not be a life-altering event. The income portion of their portfolio would be untouched, and the practical consequence would be that the growth of the equity half would be set back a bit. Considering that the purpose of the equity allocation is inflation protection and not immediate living expenses, there is plenty of time to wait for the economy, and the stock market, to get back on their feet.

The hyperbole on this subject isn't helping anyone.