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


To: wooden ships who wrote (5859)7/12/1998 6:46:00 AM
From: Justa Werkenstiff  Respond to of 42834
 
Truman: A truly scathing review. Fortunately, I reached the same conclusion ten minutes into the show. Glad to hear I was not too hasty in my judgment.

Your post conveys a great deal of pain from your end and I do hope the experience has not affected your health. Although we appreciate your summary efforts, there is no need to continue today and subject yourself to such agony for our benefit.

Perhaps Bob is out playing in the Arizona Classic Invitational golf tournament with Bob, Jr. this weekend. I'll see if the final round might be on ESPN today. I hope it might be on around 4:00 pm EST to occupy an otherwise empty time slot in today's activities <g>.



To: wooden ships who wrote (5859)7/12/1998 10:30:00 AM
From: Kirk ©  Read Replies (1) | Respond to of 42834
 
"... it is to be wondered whether there may be something perverse underlying this man's philosophy and excessively oily manner.

He did say that he practiced law.....hence the possible explaination for the oil slick.

I only listened for the time it took me to drive to wind (25 minutes) but .......I found it interesting that one caller asked him a question about law, where we'd expect him to be "expert", and his reply to the caller who was excited to maybe be talking to someone that could help was "I don't plan to give it away". Made me wonder if the free advice was worth just that and we had to pay for the good advice?

Main messages I got were:

1) I'm ok, you're ok so why worry?
2) If you have questions, hire a lawyer.
3) Buy a fund and forget about it for 10 years. As long as it is going up, who cares if someone else is making more than you? I retched on that one!
4) I know diddly about individual stocks so you should invest in something else.

oh well, I guess we've run S. Pollan through the wringer now! There are probably a dozen folks on this board (or more lurkers) that could do better justice to the show when DaBrink takes a vacation. I imagine ABC is using the time to try out possible new hosts for when Bob joins the tour.

regards
Kirk out




To: wooden ships who wrote (5859)7/12/1998 11:21:00 AM
From: Thomas M. Carroll  Respond to of 42834
 
A M E N !!!!!!



To: wooden ships who wrote (5859)7/12/1998 12:40:00 PM
From: Ken Brown  Read Replies (2) | Respond to of 42834
 
Truman,

I'm not going to try to defend Mr. Pollan, who I found nearly as objectionable as you. (In particular, his voice and his attitude were both very stressful to me.) But I do want to clarify one point (even though I didn't hear the call you mentioned).

While those 30 yr bonds they bought yielded 9.5% when they bought them, remember that they are not yielding 9.5% on their current value. So, either they should be viewed as yielding 9.5% on the 560,000 original value, or (more accurately) 5.6% (or whatever) on their current value ($770k?). Of course, they'd be subject to a hefty cap gains tax (> 40k federal alone, if the figures above are accurate), so they'd better have a very good reason for selling. If those are their *only* assets, then I agree they would be well served by selling a portion of them, perhaps in several equal amounts over time, and diversifying.

But your main point is well taken. From the little I heard of Pollan, he should stick to the written word. I did hear him mention he'd never done this before, so perhaps that's part of the problem.

Ken



To: wooden ships who wrote (5859)7/12/1998 12:41:00 PM
From: Bill Shepherd  Read Replies (1) | Respond to of 42834
 
Truman...as you so clearly pointed out, perhaps I was a bit hasty in my assessment of Mr. Pollan. I listened to the first hour or so, and only caught pieces thereafter. I did not hear the call about the 9-1/2 percent treasuries...sounds like a bad call to me as well.

Regards...Bill S