Search Bob Brinker Blogs

Thursday, October 16, 2008

Bob Brinker's September 2008 Hulbert Financial Digest Ranking

(It's easy to read or post comments on this Blog. Just click the small "comments" link -- usually adjoined by a number -- at the bottom of each article.)

PS, to the person who doesn't want to post something that shows Brinker is wrong about Glass Steagall, but wants him warned that it "makes him look unfavorable," I suggest you try to post it on BrinkerJr's website or even send Brinker an email or make a phone call, see what that gets you. 8)
And here's a clue for you, the best way to get the Brinker's to read what you write is to post it on this Blog!

Bob Brinker does NOT make it into Hulbert's Top 5 Performers for Mutual Fund Letters, or the Top 5 Performers of all newsletters Hulbert follows, over a time period of 5 years -- with or without Hulbert's creative "risk-adjustment." (Five years takes us almost back to Brinker's March 11, 2003 buy signal.)

Mark Hulbert's creative "Sharpe Ratio risk-adjusted" category shows Brinker ranking in the top 5 over a time period of ten years. However, based solely on performance, without Hulbert's "adjustment," Brinker is NOT in the top-5 over the ten year time period either.

Hulbert is aware that he gives Brinker a "do-over" on model portfolio cash reserves that were used twice to buy QQQQ in October, 2000. Brinker never accounted for that trade, even though he recommended his subscribers use up to 50% of model portfolio cash reserves for it.

Hulbert makes the claim that Brinker announced that he would keep the trade "off-the-books" when he issued the special bulletin to subscribers. Brinker did no such thing! He first made that announcement in the November, 2000 issue of Marketimer, weeks after the bulletin was sent urging subscribers to "act immediately" and buy QQQQ at about $83...

In the October 2008 issue of Hulbert's Financial Digest, Mark Hulbert did a special analysis of the top ten newsletter performers in September 2008 -- along with their returns through 9/30/08 over trailing 3, 5, and 10 years.

It's not surprising that Brinker did NOT make it on to that list. Perhaps it has something to do with the fact that his fully invested model portfolios rode the market down over 20% in September.

Among the newsletters that made it on to Hulbert's September best performers list is one that has been discussed here on the Blog recently: Sy Harding, who showed a tiny increase of 0.1% in September.

Kirk Lindstrom's chart shows Bob Brinker's various new buy signals (market bottoms) that he has recommended over the past eighteen months. All of them are much higher than the S&P 500 Index is now.

Brinker intended these buy signals for new money. He has missed any opportunity to take advantage of the market decline because he has been fully invested since March 2003.

It would be impossible for anyone who follows Brinker's advice to have any equity cash reserves. In addition to remaining fully invested and issuing repeated all-in buy-signals, during the times the buy signals were removed, he always recommending dollar-cost-averaging.

SeaBiscuit's (AKA "dippy" to Mr. Brinker) Humor:

Gee, I wonder why

No name calling

After the bear delivered

The brutal mauling

Brinker Shave!


SeaBiscuit's Haiku:

"And here's a Brinker haiku :-)"

Smug market timer

Got thrashed by big grizzly bear

Oh, how sweet it is!


My Idaho sister-in-law took this when she and my brother were "quading" near Murphy, Idaho:

Top Rated Newsletter

Timer Digest Features
Kirk Lindstrom's Investment Letter
on its Cover

Cick to read the full page article!