To: sea_biscuit who wrote (3835 ) 3/6/1998 9:23:00 PM From: MrCash Read Replies (2) | Respond to of 42834
and to Rillinois: I think many people miss the point of what Brinker is good at (the ones complaining and a few still on their knees). He is good at turning "shark bait" into "people on their way to Critical mass" through investing in no load mutual funds. Period. One stock every year at 4% does not make a person a stockpicker. I've heard he is required by Kangas to give favorite stocks inorder to get exposure on NBR. I would expect his best picks to go to subscribers so I ignore his NBR picks and consider what the newsletter says. Marketimer says to buy noloads and only has an occasional 4% investment for those that just have to own stocks and he is full of warnings about the extra risk involved. I also chose to ignore the model portfolio and do my own full of individual stocks that outperform his portfolio 5 yrs running by 5% or more, but his advice and research is excellent. I am also sure he gets better return managing his money on a daily basis than he does with a few simple model portfolios (thus I am not claiming to be smarter, just I get better returns than the model portfolios). Now, Brinker seems to have a knack for calling local bottoms of corrections lately and many of us have made some nice extra money on these calls when we've had new funds to invest. this is a nice bonus. Even bigger bonus's comes from his discussion of the market, Intel etc., etc. that you can use, if you know what you are doing, to make some good money. IF you think you make the really big money the first yr after buying a stock, go get a clue as you haven't one (in most cases - I did 4X on AMAT, but that was rare). The ONLY way I consider someone a stock picker is if they give a portfolio of 5 to 20 individual stocks that they say should be 50 to 100% of your equity portfolio. Then I judge them on how these stocks do. I do VERY well on my own so I don't pay for advice, but I do judge others. Brinker, to his great credit, says this is too hard and too much work for most and it is alot easier and safer, risk/reward wise, to invest in a diversified mutual fund portfolio. Brinker's diversified approach has given a nice 15% annualized return since the crash which is much better than I think 99% of the listeners were doing on their own or acting as shark chum. That is why we get caller after caller week after week calling in and thanking Bob . If you have a problem with this, listen to a ballgame. I actualy think he is pretty nice to callers considering all the dipsh*t questions he gets where someone can't read the newspaper. Jeeze.....He's done wonders for people so give him his due, we're not asking you to kiss his ring. Kirk out