To: Kirk © who wrote (1579 ) 10/14/2007 7:47:26 PM From: octavian Respond to of 2121 --Right. But once again, I don't think that's bad, considering that very few people have done better than that (the market). kirk responded: <<Not true at all. ANYONE who followed the Wilshire5000 beat the market.>> --Granted. But how many have followed it for 20 years with all of their stock money? << There are probably many thousands of us in Los Altos, Atherton, Menlo Park, Portolla Valley, Woodside, etc. etc. etc. who "crushed" the total market by investing in tech in the 1970's, 1980's, 1990's through today...>> --"Probably" is definitely the key word in that sentence! -:) I would say there may be a few. << It sounds like there are some hedge fund managers in NY who are/were crushing the markets over the long term too...>> --"Sounds like" is the key phrase there. -:) There are also 'some' who have done miserably, as you know. <<Warren Buffett and the thousands who invested in his company crushed the market over that period Brinker under performed if you include the QQQQ.>> --Right. As long as his stock was all they owned. Besides, I was comparing brinker with other newsletter writers, mutual fund managers, etc.--NOT with Warren Buffett, a few hedge fund managers and those brilliant individuals who may have put ALL their money in the W5000 20 years ago. <<Did you hear Bill Sharpe tell Brinker that 50:50 was "too conservative?" Much of what I am reading now says 75% in equities is about right for anyone retired who wants to maintain a lifestyle... which is about what I have.>> --Yes, I did hear that, and I disagree as it pertains to myself. I see no point in taking on that extra risk when I'm already at critical mass. What would be the point? I could make a better argument for going to 40 or even 30%, but I'm not going to do that either. <<I ignored your insult of calling others "bashers" but do you really want me to go back to calling you a shill?>> --I don't care. I don't consider those words "insults." They are just descriptive words that may not be 100% accurate but are fine IMO unless someone is very thin-skinned. When someone calls you a moron you don't get all upset, because you know the person doesn't mean it literally. Same with someone calling me a shill.