Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: marc ultra who wrote (6304)	8/24/2011 1:00:18 PM
From: Kirk ©	5 Recommendations Read Replies (1) \| Respond to of 10065

do you want me to post regular updates on his QQQ trade? How about that TEFQX fund he gave a full page, off the books, recommendation for in his Feb 2000 MT? How about reposting Honeybee's great summary of his calling people like ECRI and I 'recession Casandras' just before the last recession? How about talking about how he had MULTIPLE buys all the way down in 2008 WHILE FULLY INVESTED but once the market actually was making a bottom, he stopped? He had a GIFT HORSE BUY in mid 1400s but He COMPLETELY WHIFFED on the 600s and 700s... what he once probably thought was MOABO. How about a summary of his advice to have RETIREMENT funds 2/3rds in equities at the very top of the market in 2007? He TOLD a caller his advice was to NOT rebalance to 50:50. Too bad Suite101 discussions are gone... I remember telling people it was IRRESPONSIBLE to have retired folks exposed to 2/3rds equities at an all time high. How about talking about how his fixed income portfolio was 100% out of equities at 666 but near the top this year he actually added a fund that has stocks! Go look at his MT after the 2011 attack. He said he thought the damage to the markets were done (remember he had a boatload of QQQs and other funds still in the market) but they had ANOTHER bear market falling over 20% from that level... so he missed ANOTHER bear in a bear.... Should I go on? I recall he listed four mutual funds for SAFE 401K investments in April 2000 Marketimer. I think they were all telecom related and CRASHED AND BURNED.... Go look them up and tell me otherwise or tell me they did better than the market or they were good investments in April 2000. What really pisses me off is not the bad advice but how he gives so much of it "off the books" so he can use the stuff that works out well like a carnival mind reader to "prove" to the brainwashed how good he is. The "funny part" is I've been under constant attack from fake names, people like you afraid to say who they are, since I first started to point this business model out in 1998 when I saw it in action.

To: marc ultra who wrote (6304)	8/24/2011 1:17:12 PM
From: Kirk ©	3 Recommendations Respond to of 10065

"it's shocking Bob's earnings estimates didn't take into account Lehman and the associated hard credit freeze and plunge into severe global recession." Not at all shocking. I don't credit the man with much insight into real life. Witness how he bashes politicians from both sides but offers no real solutions or even ideas other than he doesn't like it when they raise HIS taxes. I remember him saying he'd quit if they eliminated the payroll tax cap. I wish they would call his bluff and do this in exchange for making the Obama tax cuts permanent. A friend of mine (of sorts... he's pretty toxic to be around) was pretty much dead on since I met him in 1998. He has a PhD and did accounting at Cisco. He accused all the big companies, especially Cisco, of robbing wealth from shareholders and the whole financial system of being run by crooks to steal from the middle class. He's been long strip zeros since 1998... with a few bad years... but overall that was a very good investment... and he goes short tech stocks with options when we have bull market rallies. He thinks Silicon Valley real estate will eventually crash (He's been wrong so far about my house, same zip as John Chambers, but outlying areas took a huge hit) and follow the sort of returns Brinker saw on his $1,061,000 condo falling to under $200,000 in Vegas. He's not perfect but he did predict the mess we are in.