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

To: paulnewmanhero who wrote (40481)	11/16/2008 1:20:56 PM
From: octavian	4 Recommendations Respond to of 42834

paulnewmanhero said: <<There are plenty of advisors that are humble and acknowledge their mistakes quite often. Even Buffet is more than open about his mistakes. Bob has been wrong about so many things lately, that he could take up a lot of time discussing them, but that might not help selling his marketTIMER newsletter.>> --That's right, PNH, it probably wouldn't help him sell newsletters. But saying there are "plenty" of advisors doesn't exactly answer my question. -:) Besides, I was talking about SALESMEN--financial newsletter writers--and you could add brokers and personal advisors to the list. You won't find very many of those people going out of their way to admit mistakes. Buffett and Cramer don't count. They are not trying to sell anything. For years, buffett's stock cost something like $25,000 a share. He was more interested in keeping the riff-raff out than in selling the stock! Cramer doesn't lose business when he admits errors. But kirk recently posted a video clip showing cramer going WAY out of his way to COVER-UP a big error. If you want to properly evaluate Brinker, you first have to recognize him for what he is--a salesman. Then you have to judge him in THAT context, and not compare him with people like Buffett, who is not only NOT a salesman, he is an icon.