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


To: pride who wrote (7069)8/23/1998 1:11:00 PM
From: Boca_PETE  Read Replies (1) | Respond to of 42834
 
Pride: RE: <One Excellent Insight from the Saturday Program >

Was when Brinker dispelled all those whiners who point to the fact that only a few -say 19 (don't remember the exact number) stocks in the S&P500 have contributed most of the year's gains in the index (as if to say that because of this situation, you should be scared into believing that index funds will under-perform in the future).

Brinker's convincing argument that such an assertion IS TOTAL BUNK was that "when you're invested in the index, WHO CARES WHERE YOUR GAINS ARE COMING FROM !" Brinker stated that fund managers who making such an assertion are creating a diversion (like our President is so skillful at doing) to cover up the fact that their fund is not beating the index. Mr. Brinker, if you read this post, this is one BRILLIANT INSIGHT - You are the best !

GO SOX !

P