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.

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

To: Greg Luke who wrote (2564)	1/2/1998 1:06:00 AM
From: sea_biscuit	Read Replies (1) \| Respond to of 42834

I suggest you read the following: fee-only-advisor.com; I whole-heartedly endorse the above suggestion. At the very least, one should take a look at Chapters 12 and 13 (and of course, Chapter 22 should be an eye-opener for those who think the world of Louis Rukeyser's "Wall $treet Week"). Btw, the portfolio that I discuss in article # 2547 has the approval of the author of the book. You might want to take another look at my portfolio suggestion. As for Saturday, well, I have reconciled myself to the fools grabbing the stage again. Dipy.

To: Greg Luke who wrote (2564)	1/2/1998 10:34:00 AM
From: Allan Harris	Read Replies (1) \| Respond to of 42834

Greg, >I see your posting provided ample fodder for the rest of the thread, who raked you over the royal coals. I don't feel "raked over the royal coals" at all, just the spark that ignited some thought provoking discussion. >I can only add that just because someone makes money on one stock, does not mean they are a successful investor. Agreed.... unless, your reference was to my discussion of RAIN in which case I assure you it is not the only successful stock in my portfolio. >Frank Armstrong's book explains why some of the techniques advocated by the Fools are poison. My reading of his chapter on Fund Managers would suggest that he also disagrees with The Brink's Model Portfolios' inclusion of some 20+ Funds that are non-index funds, managed profitably by very capable Managers. >However, picking individual winners is not the way to Critical Mass..no matter what Fool tells you differently. Here is where we disagree, sort of. For most investors, picking stocks based on other people's ideas is a dangerous and risky enterprise. For others, like myself, who devote full time efforts in this direction, results can be very rewarding. One last point: Last Saturday I was driving the family back from Alabama when I heard about the first 40 minutes of the Fools. Most of that time they were touting the benefits of S&P Index Funds, not unlike The Brink's frequent recommendations. Come on, folks, give 'em a little bit of credit....it's new year, chill out, be happy, get those chips off your shoulders....life's too short. Allan, Still King of France