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


To: Kirk © who wrote (23875)8/18/2006 10:32:12 PM
From: Kirk ©  Respond to of 42834
 
Correction!

I said "Core inflation is food and energy."

I should have said "Core inflation is everything but food and energy."

Hopefully everyone here knew that...



To: Kirk © who wrote (23875)8/18/2006 11:39:40 PM
From: dijaexyahoo  Read Replies (2) | Respond to of 42834
 
kirk said:

<<My insurance costs and the cost to buy a home are far higher than reported by the fake numbers the government uses.>>

--Good one, kirk! We demonstrate that inflation has remained low despite rising oil prices, so NOW you are saying that the inflation numbers are FAKE!

ROFLOL! I would say you have just conceded the debate!


<<One thing for sure, put 100 economists in a room and you usually get 101 opinions but very few of them are crazy enough to agree with Brinker on this.>>

--Well, I haven't taken a survey of economists, but one of my mutual fund managers, Ron Muhlenkamp, said the same thing brinker has been saying in his last letter to shareholders.

I wrote a post about that a while back.

I don't know if Muhlenkamp is an economist, but he DOES have an excellent record as a mutual fund manager, so he must know something! If you saw the current issue of Barron's, they listed 18 funds that have beaten Bill Miller's fund over the past 15 years, and Muhlenkamp's fund is one of them! So is your Fidelity Low-Priced Stock fund.