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


To: joefromspringfield who wrote (37536)8/1/2008 7:32:34 PM
From: InvesTing  Respond to of 42834
 
"And guess whose portfolio is DOWN double digits so far this year. Right it is Bob Brinker's portfolio 1. As of today's close I calculate that it is DOWN 12.2% YTD. "

Say it ain't so Joe. I thought the reason that Brinker and many of his promoters gave for following this all knowing Marketimer (ya know the guy that says marketiming is the way you make money in a bear market????) was that he would get out near the top with 100% of the equity portfolio monies and get back in near the bottom.

But alas he's never gotten that right has he? Well it's only been 20 some years and he's only in his late 60s. Maybe we'll change that model again. :)



To: joefromspringfield who wrote (37536)8/1/2008 10:26:31 PM
From: Midwest_Investor  Read Replies (3) | Respond to of 42834
 
Joe,

A large part of Brinker's advice includes choosing which portfolio to use. I think people are so focused on other aspects of Brinker's advice that they miss some of the basics.

At any rate, P1 being the most aggressive, and P3 being much less so, one has to be careful which to invest in.

For me, I'm closer to P3, and I'm down almost exactly 5% YTD. Just for fun, would you happen to have the P3 number YTD?

Thanks in advance!!!



To: joefromspringfield who wrote (37536)8/2/2008 9:44:15 AM
From: gronieel  Read Replies (1) | Respond to of 42834
 
"You have to hunt around to learn that Kirk's explore portfolio was DOWN double digits last year...."

...And guess whose portfolio is DOWN double digits so far this year. Right it is Bob Brinker's portfolio 1. As of today's close I calculate that it is DOWN 12.2% YTD...
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Joe, I think you missed the point that Kirk's explore portfolio was down double digits in an UP market.

And it's not the first time either. If you really poke around you can see that Kirk's explore portfolio was also down in 2004 while the total market was UP DOUBLE DIGITS.

That's two of the past four years when Kirk's explore portfolio LOST money but the market was UP!

So you see Joe, it's not a question of losing money in a lousy market...it's losing money when the overall market is going UP.

I just don't understand how that happens when you take MASSIVE PROFITS all the time, usually near the top.