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


To: Lars who wrote (907)9/12/1998 7:21:00 PM
From: Lars  Respond to of 15132
 
***Truman Tribute***

To: Lars (61 )
From: Truman Bradley Monday, Mar 3 1997 10:48AM ET
Reply # of 7905

Lars: Bob Brinker has his quirks, but so have we all. It is almost
unquestioned, even by his critics, that he has brought light to
an area otherwise poorly illuminated. Many investors remain poorly
educated about the market and some, no doubt, only learn from
selectively instructive, self-serving stock brokers.

I have dealt with scores of brokers in my time from firms, high
and low. Good brokers are as scarce as hen's teeth. Most don't
have the sense they were born with; many are just fresh young
punks who play their "know it all" parts with aplomb. Indeed,
the brokerage business must not be very selective about those
it licenses; you might get a better pick of humanity from a passel
of used car salesmen. That being said, it is most intriguing that
those who are uncommonly ferocious in their attacks on Brinker
happen to be stock brokers, as witness this thread. That tells
me Brinker is on to something and reinforces my inclination to
listen to his radio show.



To: Lars who wrote (907)9/12/1998 7:22:00 PM
From: Lars  Respond to of 15132
 
***Truman Tribute***

To: Bob Brinker, Jr. (82 )
From: Truman Bradley Wednesday, Mar 5 1997 12:36AM ET
Reply # of 7905

Mr. Brinker: Suffice it to say, we are, indeed, truly honored by
your presence here, assuming I am addressing the Bob Brinker of
radio and investment fame. I confess a certain measure of shocked
delight upon seeing your name in the header. As a near constant
listener, lo, these many years and a very infrequent caller, I
marvel at the freshness, wit, humor, and homespun insight, not
to mention the sorely needed and frightfully accurate investment
advice and predictions you bring to your radio show weekend
after weekend. I am sure I speak for others here, as well, if I
take the liberty of inviting your comments to this thread whenever
you might have the time or inclination to offer them.



To: Lars who wrote (907)9/12/1998 7:24:00 PM
From: Lars  Respond to of 15132
 
***Truman Tribute***

To: Double D (109 )
From: Truman Bradley Sunday, Mar 16 1997 3:15PM ET
Reply # of 7905

Don: This is what all the fuss is about. The following was culled
from a reply given on this SI bulletin board in another topic:

March 14
From: Wall Street Journal news alert
Subject: Buffett Sees Stock Risks

Warren Buffett believes the U.S. stock market is "overheated" and
says that "the overpayment risk ... in our opinion, may now be
quite high for the purchasers of virtually all stocks." The
legendary investor made the comments in his annual letter to
Berkshire Hathaway shareholders, an advance copy of which was
obtained by The Wall Street Journal Interactive Edition.
------------

I do not say that Brinker turned bearish yesterday upon
hearing Buffett's admonition; however, there was little question
that the news unsettled him. Wrestling with Buffett's motives,
Brinker could not seem to fathom why Buffett, a long term investor,
if ever there was one, would issue such an unprecedented, if not
dire, warning. While still overall bullish, Brinker, to restate
it, seemed measurably cautious when discussing the market after
being informed of the great Buffett's pronouncement. Indeed, Bob
re-echoed his position that, while still bullish, he is not complacent
about this market.

Parenthetically, to recall it, Brinker told his listeners that
Intel had become a "trading stock" given AMD's seemingly competitive
new K-6 microchip, which presumably goes head to head with Intel's
pro-Pentium chip. Beware Intel on Monday.

That being said, I am expecting a bearish event on St. Patrick's
Day. The Buffett remark is bound to unravel the dangerous complacency
of many investors. Barron's reports that there was an explosion
of call option buying on the very day the Dow dropped 160 points
last week. That seems to telegraph loud and clear the public
believes this market can only rebound after a plunge, i.e., the
market will always go back up. For my money, that smacks of too
much naivete and complacency.

Regards,

Truman

Ps. To recall it, the Buffett brouhaha came in the second
hour, although I may stand corrected here. Surely, Bob will
clarify and/or restate his positions today



To: Lars who wrote (907)9/12/1998 7:25:00 PM
From: Lars  Respond to of 15132
 
***Truman Tribute***

To: BHaulman (341 )
From: Truman Bradley Monday, Apr 21 1997 2:37PM ET
Reply # of 7905

B: When Sir John Templeton speaks, it may behoove us to listen.
Back in the mid 1970's with the DJIA at levels that today appear
absurd (ca. 500-525), Sir John was a near lone voice in the
wilderness. He noted that, adjusted for inflation, the DJIA was
trading at levels not seen since 1946. There were howls of scorn
and disbelief at that time when Sir John categorically stated
and steadfastly maintained that the DJIA would move to levels
between 2500 and 5000 in the not distant future.



To: Lars who wrote (907)9/12/1998 7:27:00 PM
From: Lars  Respond to of 15132
 
***Truman Tribute***

To: Investor2 (404 )
From: Truman Bradley Sunday, May 4 1997 2:02AM ET
Reply # of 7905

I2 and all: While Brinker may be the peerless market
savant, I must question his political history. Today,
he gave unbridled and undivided praise to our confidence
man in the White House for lowering the deficits and moving
to balance the budget. The out of character syrupy paean
to our chief criminal executive made no mention of the
most obvious and paramount feature of the political land-
scape, id est, (as of 1994)the first majority Republican Con-
gress in forty years and a powerful engine of restraint and
reform. Whom is Brinker attempting to mollify with this brain-
less analysis? Would Brinker care to hazard an opinion on what
the extent of federal deficits (accepting for the moment
Brinker's numbers) might be if we had been treated to a
Democrat controlled legislature led by the ultra-liberal
triumvirate of Dick Gephardt, David Bonior, and Tom
Daschle (natural enemies of balanced budgets) during
the whole of Billary's tenure?

Brinker says Clinton gets no credit for lowering deficits.
Perhaps, Bob, there is a reason for this, viz., he doesn't
deserve any.



To: Lars who wrote (907)9/12/1998 7:36:00 PM
From: Lars  Respond to of 15132
 
***Truman Tribute***

Upon reviewing some of my favorite Truman posts I must re-post this one. This is one of greatest compliments I have ever received.

I miss Truman's posts. This has been the first week in ages that I have not had to pull out my dictionary. I only hope that one day he will return to SI.

>>>
To: Lars ( )
From: Truman Bradley Thursday, Jul 10 1997 3:23PM ET
Reply # of 7905

Lars: A rarefied compliment indeed, especially, from the undisputed
Olympian master of this thread.

The way I see it, Brinker may have a tough time keeping
the sell signal selectively contained. With the advent of the
internet, it would hardly surprise if the the signal streaks
like lightning just after it has been received by the first
many subscribers. Do not some newsletter writers provide
a telephone hot line in order that subscribers get first dibs?
>>>