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Strategies & Market Trends : Stock and Bond Market-Timing: Can it be Done? -- Ignore unavailable to you. Want to Upgrade?


To: joefromspringfield who wrote (155)1/25/2009 1:48:47 PM
From: Skeeter Bug  Respond to of 3605
 
joe,

lies, d*mned lies and Brinker's statistics.

i don't argue the theoretical value of Brinker's claimed returns, but the fact is people put more money into the market when it is high (that is why it is high!).

nobody lump summed into Brinkers model portfolio in 1/99 and *never* added another dime. even if someone did, that isn't the experience of 99.9999% of people - which is where the rubber hits the road.

on the strength of his 2003 call, he may well be in positive territory, but not by that much. that's simply a theoretical return nobody has seen (unless they lump summed *everything* into the market on a/99 and never add since).



To: joefromspringfield who wrote (155)1/25/2009 9:55:19 PM
From: Math Junkie  Respond to of 3605
 
It is certainly not difficult to find a time frame over which some or all of Brinker's portfolios have lost money. It just takes looking at the data, instead of guessing.