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


To: BFree who wrote (41591)12/24/2008 2:12:03 PM
From: Math Junkie5 Recommendations  Read Replies (2) | Respond to of 42834
 
I'm not sure there are any believers on here any more. Some of Brinker's advice is good, and some is not, and I don't see how anyone could rationally dispute that.

Personally, I am more concerned about the fact that he missed the bear market, but I agree that Brinker spins his record, and that the time to tell his listeners about U.S. Treasury backed versions of CA GO bonds was BEFORE the credit crunch.



To: BFree who wrote (41591)12/24/2008 3:17:23 PM
From: Kirk ©1 Recommendation  Read Replies (1) | Respond to of 42834
 
I wonder why Brinker spun a technically correct but totally misleading story rather than admit HIS CA GO bonds were called away and the funds to pay him off are sitting in US Treasuries until CA decides to send him the money, money he will now have to reinvest at far less favorable terms.

See Pre-Refunded CA GO Bonds

Since he gave the advice on the radio to buy the GO bonds, then he was morally obligated to give adequate follow-up advice on the radio. The episode is yet another that I think says Brinker is morally bankrupt.



To: BFree who wrote (41591)12/24/2008 8:19:31 PM
From: octavian3 Recommendations  Respond to of 42834
 
BFree said:

<<But I have not seen anyone from the Bob Brinker believer side express dismay or chagrin over Bob's flip flop on the California GO bonds.

Don't any of you who have carried water for Bob Brinker have some queasiness over his latest squirming out of prior guidance?>>

--"Carried water?" -:)


<<Bob always said that the GOs were safe and scoffed at people who questioned them. Then this week BAM, Bob claimed that his California GOs were backed by the US treasury and that is the only kind he would buy.>>

--Did he actually say they were the "only kind" he would buy?

<<How do you believers that are not reliant on his financial success rationalizing this total whitewash?>>

--It's just Bob being Bob. People should be using his recommendations only for a starting point. If something he says sounds good to them, they should research it before investing. Then THEY should make the final decision, so they have only themselves to blame if it goes wrong.