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

To: David Bogdanoff who wrote (3406)	2/21/1999 9:29:00 PM
From: Demosthenes	Read Replies (1) \| Respond to of 15132

Justa, Thanks for the post re the conference in NYC. I said thanks on this thread earlier today and have returned to see that it did not post for some reason. This has happened before when I've had trouble getting around SI due to extended wait times in loading posts. My wait times lately are terrible getting around SI. Is anyone else having the same problem? Rgds, D

To: David Bogdanoff who wrote (3406)	2/22/1999 11:18:00 AM
From: Kirk ©	Read Replies (1) \| Respond to of 15132

David, you wrote: Its interesting to note that nobel prize winner William Sharpe thinks that most, perhaps all, analysts underperform an index fund. If there are some superior analysts, he thinks that one cannot identify them in time to use their skills to advantage. If Sharpe is right, evaluating analysts is pointless exercise. Then you are saying, if you agree with Bill Sharpe, that putting analysts on the air is "a puff piece" and has no value to investors. The question that beggs to be asked "so, then why do it?" if not to give the masses what they want (ratings) and to make sponsors happy as they get their "TV spokes-models" out on the airwaves so they get more investment banking business? Maybe we are being too harsh as we are intelligent (or educated) enough to know that these "TV-spokes-models" are just walking advertisements for companies that their firms represent. Still, if you are saying you are a "news show" then this is not good journalism. IF, on the other hand, you say you are an entertainment show like "Entertainment Tonight", then I have no problem with it as it is entertaining to hear about companies that sell stock. regards Kirk out PS Interesting discussion and I am glad you are looking for feedback. I am copying this discussion to another website: suite101.com called "Your Favorite Stock Market Guru"