You recently expressed an interest in hearing the story of how I came to be a Brinker-follower.
As I said before, I was a very devoted fan of Brinker's from the late 1980's to late 1999. I remember getting very upset when Moneytalk was preempted for a ball game and I called the station many times, demanding that they put the program on. (Don’t know why it never helped). I bought a radio from the C.Crane Company that could be programmed to record the show (high-tech for those days). Yes, I admit, I was addicted to Bob.
How did I become addicted? It might have been a lot of things that happened in my life back then, but in spite of all that, I believe that Brinker’s voice has a confident (some say arrogant) mystique about it that inspires trust. More importantly, I believe that he is very clever at disguising his mistakes so that they are almost not discernible to radio listeners.
I first began listening to Bob in late 1986 or early 1987; I subscribed to Marketimer soon after. At that time, I knew almost nothing about investing -- other than CD’s and money market funds. Even so, my dear, late husband turned the job of managing our finances over to me. He was a busy man and had bigger fish to fry. 8^)
I remember the day the market crashed on October 19, 1987 – it dropped 695 points or 25.6% from the top (Black Monday). I was listening to KGO810-radio that day when they brought Brinker on for a short guest-appearance during their stock market report. Brinker was very calm, and reassuringly said that all would be well – just do not sell any stocks or mutual funds. Ironically, it was only a few months later that Brinker sold all equities (in January, 1988) and started recommending Treasuries almost exclusively.
Did this cause me to wise up? Only a little bit. When I got my renewal application, I sent it back to Brinker and said that I would not be renewing (then) because he had missed the bear market. But….oops…yes, I kept listening to him faithfully throughout all of the 1990’s. I found reassurance in his bullishness, and as history shows, he was correct to be bullish in the 1990’s (he returned to 100% invested in January 1991).
Because there was no internet back then where one could get information, once again I bought into Brinker’s spin. I actually did not learn that Brinker had sold out in January 1988 and had only returned AFTER the market had made sizable gains, until 1999/2000 when I found Kirk Lindstrom’s Suite101 message boards (now closed).
So I understand why, even when the facts about Brinker are staring them in the face, people continue to trust him. Wouldn’t you have thought that since I knew Brinker was bullish right up and through a bear market crash, that would have been enough of a dose of reality to wise me up? I had lost a bundle thanks to following him back then and yet over the years bought right back into Brinker’s on-air “mystique” all over again. So as I continued to listen to him, with no one to compare notes with, my addiction solidified. I believed he had integrity and was completely honest with his audience. Ironically, my (now CPA) daughter was catching on to him and told me about it, but I thought she was mistaken – she was just a kid, after all. 8) (I’m sure people who handed their money over to Maddoff felt the same way about him.)
Over the years, I've heard many people actually give Brinker credit for the 1990’s bull market. LOL! I shake my head, but I understand. Even now, after Brinker missed this 2008/2009 absolute disastrous bear market, I totally understand why people feel the need to know what his “next call” is, no matter how many times he has been WRONG about the bottom -- I think January 15th was his fourth....
Let’s fast forward to late 1999 and early 2000 when I discovered Brinker's message boards (now closed) on his website. Sadly, I began to see firsthand that Brinker and his son, the webmaster, were arbitrarily deleting posts and banishing posters unless their posts were unquestioning and flattering to Brinker. Additionally, it appeared like someone on the inside was imping another poster’s name and posting personal insults with it – that was later confirmed.
I had made only a few posts on the site but enjoyed reading what others wrote. There were some who were posting general market statistics (Rande Spiegelman). I don’t remember Rande making any comments, but the statistics he posted made Brinker’s latest market forecast look iffy and there were others who were asking questions that Brinker obviously did not want to answer. I think that Rande was the first to go, and others followed. If anyone asked questions about the disappearances or what was happening to other posters, they were immediately terminated.
The banished ones were finding their way to Kirk’s Brinker Forum at Suite101, but the connections had to be made via personal email because no one was allowed to even say the words “Suite101” on Brinker’s forums. MOF: many words were forbidden on the website. I got lucky because just before they stopped allowing people to post their email addresses, I posted mine. Kirk saw it and sent an invitation to join his forums where everyone could speak freely about Bob Brinker.
I joined Kirk’s site and posted a hello on his forum. I said that I was upset to see that mass, selective censorship was taking place on the Brinker boards. I was almost immediately terminated from Brinker’s message boards. Yes, they were monitoring Kirk's forums.
At Suite101, someone started a Testimonial Thread for “Refugees” who got “Booted From Brinkerdom.” Here are a few of them, including testimonies by Will L., Rande and myself from Y-2000:
30. Jul 30, 2000 10:48 PM » JenL_2 - Send us your sick, your homeless, your weary and your poor.
Send us your sick, your homeless, your weary and your poor. Suite101 has become the ultimate refuge for Stage IV Brinkerbots who were kicked off of bobbrinker.com for any number of reasons. I thought we should start a tally of the number of people who were given daBoot by daBrink and wound up posting over here. I will start the BFB List. Simply give your name or alias and the reason for the boot. Booted From Brinkerdom.
1). Jonathon. This goes back some months when Rande all of sudden stop posting. I simply typed in what happened to Rande Spiegelman and ZAP! My post was gone. I tried it one more time, and ZAP! I was gone. Subsequent attempts to log onto bobbrinker.com were for naught. I wound up here, scared and afraid. Anyone else out there like me?
2) Thruhiker. "Where's Rande?" followed by a brief reference to the Saturday Night Massacre.
3) Delxx_x I was kicked off because I posted on THIS site how I believe the censorship on the BB site is contemptible!
4)UTEK Thread Hello, My name is Ultra and I am a "tech Stepper" It has been 1 year, 47 days and 12 minutes since my name was last mentioned, and not immediately deleted, on the brinker.bot site. Can you imagine what that site would be like if they could start their own threads without JR/SR's approval? Someone might actually start another UTEK thread and I'd fall off the wagon for sure!
5) Steve T. For linking to Ask Rande on Suite101
6) David K. Someone told me that you can't type in the word "Korn" without getting the boot. I guess Bob doesn't like that new hardcore grunge band known as KORN.
7) Phish. me too. I was booted a while back when it wasn't so easy, even before Rande. I posted s u i t e 1 0 1 . c o m and got a warning, but the boot came when I called jr a chickens___! I used a $ for the s, but that was the proverbial straw. The whole situation is hilarious. Bob is gonna self destruct as his image morphs from astute advisor to greedy bitter old prune. I wouldn't be surprised if this is his last year on the radio. Perhaps he's smart enough to get out before it deteriorates into a bigger farce than it already has become. Sad situation - it could have been very different. -Randy
8) Karin. The Reason.....Here is the reason I got kicked out permanently: (link) ( my home-page had the S101 link in it!!!) Karin
9) Wendell. BOOTED. Well, for a simple old fence sitter, I have gotten the boot from both the discussion site and chat room. I was reading the messages at BB.com and someone asked about that "other" site. Well, being such a nice guy I thought I would slip one in. I wrote, please go to: sweetoneohonedotcom and that should get you there. Soon after I joined the land of the banishees. Can't remember what I said in the chat room before Mak gave me the old heave ho. Woe is me. I feel so terrible not being able to post and chat with that elite circle. Wendell D. Semore
10) Will_L. I was a very bad boy and typed exactly what I saw happening in the market vs Brinker's call. I happened to also mention his omissions of things happening in the market. It was a very bad combination. I'm sure the devil made me do it.
11) Steven_Russell. I killed the Town Hall. Great thread. It would be nice if we could re-arrange them in order, with near dates of banishment. Steven Russell here. I killed Town Hall. My post on Town Hall, June 23 2000, 4:09 am, listed and explained the relevant chronological remaining Town Hall posts, by number and time, which were real-time responses to the Will Lxxxxx Imposter, and to the Real Will's immediate subsequent banishment. I also explained how to substitute the Win95 Edit Find function for the earlier-assassinated Search Tool. My post ended with, "This post will self-destruct in 5 seconds." (Kirk said "Not here it won't", and re-posted it here right away, at 6:51 am, on the Brinker Free thread) My original post lasted on Town Hall about another 2 hours, before Town Hall itself was taken out and shot, after the responses that my post generated provoked a wave of new Brinker banishments that morning.
Steven Russell part 2. Banished and purged Monday, June 26, 2000. After the Town Hall execution, I lasted another couple days on other threads, with some moderate continuing respectful criticism of the Brinkers' banishment tactics. I think the final straw was when I posted that the Brinkers were showing great disrespect for the entire community of posters by their overzealous censorship.
12) Suite101.com. Jen here - I used to read BB.com discussion everyday and if there were questions that could be answered by information already posted at Suite 101 I would post a link to the Suite 101 thread or message. I'd also follow up with an email and send along an invitation to join in the discussion at Suite 101. I was always polite and got many Thank you notes from BB.com members. The purpose was never to "steal" members away from BB.com but to share like sites with like-minded people. But the Brinkers apparently took it as "promotion of a competing site" and blocked all links to Suite101.com without warning sometime around June '99......Jen
13) Jack Swanson here... I got kicked off the Brinker site for...well...for just being Jack Swanson!! Jack jackswanson00@yahoo.com
14) martin_lowe - I got booted twice... from my home ISP as "Martin Lowe," for criticizing the Brinkers for the censorship. Also on my work ISP I had set up an alias, "Bobby Charlton," the England soccer great from world cup '66. In response to a poster as to where Will and Russell had vanished, I posted to "They have gone to Cyberheaven and have be re-born to a site of higher conscious." Martin
15) matttheduck - i wasn't fired, i quit! i quit posting/visiting the brinker site when rande got the boot. outrageous
16) Chris3 - I Quit, Too Like Matttheduck, I quit when Rande got booted. I posted a defense of Rande (name: Chris Fleur) immediately after the booting, about the same time Karin did (at least, I thought she was "our" Karin), and it amazingly stayed there (wouldn't happen now, and I don't know if it is still there. Don't even go back to see what's going on. Who cares? I had very much respected Bob and his investing education advice for years. My eyes were opened that day. I continue to be amazed at what I hear coming out of his mouth on the radio when I listen (I'm not even a little bit as faithful of a listener as I was before), and also amazed at what I read here that is going on over there. I am so disappointed in the man behind the curtain!!!!
17) Kirk (Kirk Lindstrom) - I Quit too! Jr told me via email that it was OK for Jen to keep posting links to our site. He also said that the link to us was accidentally deleted and he would put it back. Both were lies as two hours after the email he had his site deforming Jen's links changing "suite101.com" to just "suite101" and so they would fail. I stopped posting there as I don't like to support people that have been proven to "make alterations to the truth".
Business wise, it is great to point out the snakeoil mixed with the good advice Brinker dispenses. He has mostly good stuff to say so it is hard to detect the snakeoil and so I feel we do a service pointing the snakeoil out. Even better that the "Buzz" this creates makes our site fun rather than just educational. Of course, he hates us as we point out the snakeoil he is selling which makes it less attractive. Kirk Lindstrom - Editor: Investing and Personal Finance
18) Dave_K (David Kimball) - I Quit Also. Had listened to Bob for a long long time. His treatment of some callers was beginning to wear on me. Plus the fact that the education value had seemed to reach a plateau. Used to visit the BB site occasionally to see how informative it might be. Ironically began to see a new level of education coming from posts of people like Rande and Kirk. Visited site more often just to pick out their posts and learn something more advanced. They suffered an undue amount of criticism from good advice/comments even then. Their banning left no attraction to that site. Haven't lurked over there in several months. In addition, the effects of Bob's January call on my portfolio has reduced his credibility. His advice ranks pretty far down below a lot of notable market analysts and commentators these days. I still listen to the radio program when convenient but don't go out of my way to plan around it like I used to.
19) oneputt - me too -1st time was a long time ago, I might have been one of the first. I thought it odd that he would play a taped show and not identify it as one. I posted "Why would he decieve.....". After that I could not log on. I got a new name and password and then was kicked off for finally having enough of poobutt. I asked him bluntly why he intentionally lies when talking about this site. I no longer even read the posts over there. That site is banished from my browser's list.
Top 31. Jul 31, 2000 11:26 AM » Will_L - Much Better Off Like many who dropped by BB's site to find out what was up with the January sell signal, I found myself soon in the middle of a firestorm. Although not sucking up and asking very pointed questions, I treated everyone there with at least more respect than accorded me. After a while I became not just concerned about the wisdom of his call but rather seeing a side of Brinker that I didn't know existed. I began to suspect his motives in many of the things he was saying on the radio and doing on his website. My respect for someone I thought to be a straight shooter albeit an egotistical one eroded. His shinnanigans around his website in trying to smear the reputation of those who disagree with him including falsly posting or allowing others to do so without interference under their name and taking on aliases to attack and generally be a jerk on his own thread certainly demonstrated to me he was neither a straight shooter or someone I would trust at all. As such I was excluded from the site--along with about anyone who has disagreed with him. The way it happened I did object to. The fact that it happened, I really am thankful for. I wish I would have left a little sooner and just posted here. In some respects it is not right once you are no longer just differing on his market calls but think that he is quite the snakeoil salesman that I came to believe to post on his site. Although he pounces on posters, callers and other analysts who have the gall to disagree with him, he has the thinnist skin I have ever seen for someone in his role. So it is just better to talk about him and his calls --just like he loves to do others in the freedom that an environment like this offers. It's much better all the way around.
Aug 3, 2000 10:58 PM » Happy - I thought I should copy this over from the BB site before it get I thought I should copy this over from the BB site before it gets erased:
To: A Lackey (148898) Date: Aug 3 2000 11:50PM From: A Lackey Msg #: 148898 -------------------------------------------------------------------------------- Bob Brinker really blew this QQQ call. He did a perfect call on the botton in May, but he never called the sell, even when it went to 103. People called in and asked, but he put them down, saying he would call it. Today it went to 83.5, so people sold, on his advise to sell at 84. That is a wash since most people bought at 82. He made such a big deal about making a mental stop, not a limit sell, thinking that just because Bob Brinker thinks once the QQQ hits 84, it will just keep on dropping. The stock market does not take orders from the Great Bob Brinker! If you had a sell limit order, and it did not get activated, how lucky you were!! It closed up almost 7 points from your sell!! I THINK HIS ADVICE IS GENERALLY GOOD, BUT HE COMPLETELY MISSED THE CORRECT SELL AT 100. IF HIS CHARTS ARE SO GOOD, WHY DIDN'T HE CALL A SELL AT 100??? I listened to every program, and like a stupid simpleton, waited for his big sell order. NOW HE HAS EGG ALL OVER HIS FACE!!! I WILL USE MY OWN JUDGEMENT ABOUT THESE MOVES, AND NOT BE BOB'S SUCKER!! -- posted by Happy ________________________________________
. Aug 4, 2000 5:51 AM » Rande - It's a ROUND TRIP folks How many times have we said that you have to be right TWICE in order to be a successful market timer -- and even then you have to do it over, over, and over, and over, and over once you get addicted to the trading. Getting lucky once or twice only makes it worse, since that only increases the chance that you will delude yourself into thinking it actually has something to do with knowledge and experience. Nothing short of near-perfection will do when it comes to the round trip. Otherwise, transaction costs and taxes will deliver a minimum wage for all your effort and anxiety....IF you're lucky. -- posted by Rande
Honeybee here: Kirk’s Brinker forums thrived for several years until for personal reasons he left the site and it was soon closed down. (That is when he set up this blog for me and taught me how to do the "fancy" stuff -- like pictures, links etc.) But before he left S101, there were literally tens of thousands of posts and all viewpoints were welcome. Brinker could no longer completely get away with changing his stories or burying off-the-books trades. There was always someone who remembered what he had really previously said and when he said it, and they recorded it there.
It was in October, 2005 that I started my own thread on Kirk’s forums called: “Honey’s Brinker Beehive." I kept a record of what Brinker was saying and what others were saying about what he was saying. Later, I started writing brief weekly summaries of Moneytalk.
When I found out that Brinker had posted under an alias for years at a different site, I decided that those posts should be saved. There are now archives of all of those posts. Of course, the statute of limitations is long gone by, but some believe that Brinker used his alias to pump a stock (UTEK) that he had inside connections with. In any case, reading those posts is a big eye-opener and shows the true measure of the man.
It was during this time that the personal attacks began. I won’t bore you with details, but suffice to say that any way a woman can be insulted, I’ve been insulted. Someone imped my real name (which I was posting with), and posted filth and sacrilege. I was horrified to think that anyone would mistakenly believe it was me, so I became “Honey.” The personal attacks go on to this day. Someone anonymously sends them to my Blog. There are other things that have happened over the years – like having my bank accounts threatened “because junior is a computer genius," but I don't know who did that. However, I have made it clear to this person/people that all this sort of thing does is inspire me -- because they cannot silence me......
.....but that is not necessarily true. They have "silenced" me in different locations. They got over 3500 of my Beehive posts deleted (and thousands from other Brinker forums) at Suite101 just before they closed their message boards. The moderator of Fundalarm said he was afraid to allow Brinker to be discussed at all because of "letters" he had recieved.
I despise censorship and think it should only be used to enforce a site’s Terms of Use rules and common civility. I think that “book burning” in order to hide the truth is reprehensible.
As long as Brinker is spinning his web on the national airwaves each weekend, I intend to be the Honeybee that buzzes around the spider and reports the TRUTH -- to the best of my ability. So now you know a lot about what inspires me to keep a written record for those who are looking for it – and I am not bashful about throwing in a few EC’s along the way. 8^)
Dixiegeezer sent this gorgeous "close up" of Mt Rainier:
Bob sent this picture of Mono Lake. Beautiful, but low. Hope the rains continue in California:
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