Moneytalk Bob Brinker Summaries - Information ONLY

Top 187. Mar 7, 1999 11:18 AM

» RandeS - Kirk,

Kirk,

Now you're talkin' -- finally a sunny weekend without that nagging rain!!!

Reason for Random Walk first is that it's a nice layman's discussion of the Modern Portfolio Theory/Efficient Market Hypothesis principles. Capital Ideas goes behind the scenes to discuss the evolution of such thoughts and ideas and the men who created the MPT revolution. I believe Capital Ideas will be much more meaningful and enjoyable when the reader has a basic appreciation for MPT to begin with. It doesn't take graduate study in finance and investments or a math backgroung -- Random Walk should provide the sufficient context. Probably doesn't matter, just a personal observation.

-- posted by RandeS

Top 188. Mar 7, 1999 4:56 PM

» TONYBRIG - Sunday Show

Hi:

Listened to maybe half of the show and was
disappointed. Oh he was on target bout what he spoke on but didnt hear much about my 2 loves.
THE NUT STOCKS
DAY TRADERS

Perhaps I missed it.
If he didnt talk about Day Trading then I wonder
why. Since it is such a timely topic. CNBC had
a week-long show on this.
Loved that McKeever(?) guy with his six figurees
month. Listening to him you knew this guy was
for real.
Sorry Bob you were incorrect. This guy and many
others aint goin back to their former jobs.

I liked his observation about PC sales being
exaggerated on the down-side. But then why
should'nt I? Very long on INTC.

BESToflUCK!

-- posted by TONYBRIG

Top 189. Mar 7, 1999 5:45 PM

» matttheduck - nut stocks

tony, the only reference today was after bb mentioned that the nasdaq was recently trading at 100 times earnings, and the only thing he could imagine trading higher would be a 'nut index.

go, go intc.

duck

-- posted by matttheduck

Top 190. Mar 7, 1999 10:05 PM

» JenL_3 - Thanks for the Summary

Steve - As usual, good job on the BB show summary. This is getting to be the most popular thread at the site.

....Jen

-- posted by JenL_3

Top 191. Mar 8, 1999 8:55 AM

» Karin1 - My thanks, too

I'm a Karin who was doing my tax stuff Saturday too. I enjoy Steve's summaries. My question is: I know Bob B is very high on Vanguard Total Stock and GNMA funds. How much different are they than Schwab's 1000 and GNMA? I have them because it was convenient for me. Is there any reason to switch or even open up second ones with Vanguard?

-- posted by Karin1

Top 192. Mar 8, 1999 9:56 AM

» KirkL - Schwab

Hi Karin1....

I use Schwab1000 for many that I help since that brokerage is easier to deal with than Vanguard and you can walk into an office as many like or insist on this feature. BB has said that this is an "excellent fund" and is a great replacement for VTSMX. I add a bit of micro cap, but that has just been lowering overall returns....

Re GNMA fund. What are the expenses and yields?
Compare yields for the same 30 day period. IF you are talking about a "small" amount of money (i.e. not a million clams) then the difference in expenses in total might not be worth dealing with. I find $10K is about a wash.... but more and you can buy the Vanguard GNMA with a brokerage transaction and pay the fee. I forget how this works at Schwab, but it is a straight $30 for my Fidelity account ($60 for both ways.....)

-- posted by KirkL

Top 193. Mar 8, 1999 10:18 AM

» Karin1 - Thanks, Kirk

Actually, it's the Lexington GNMA fund that I have through Scwab. I'm new at this and not sure how to make an accurate comparison. Could end up with wanting to put more than $10,000 in GNMA's.

-- posted by Karin1

Top 194. Mar 8, 1999 4:53 PM

» TONYBRIG - Thanks Rande Kirk and Bob too

I will check out those books you guys mentioned
if I can create some time.

It is too bad that he didnt mention DAY TRADING
at all this weekend and he will have to field
this subject soon.

Such a timely topic has to be addressed again.

Ask Rande is happening! Great to see it.
Instigator/Creator that I am.

BestofLuck!

-- posted by TONYBRIG

Top 195. Mar 8, 1999 7:46 PM

» TONYBRIG - Bothered/Bewildered/

I'm Bothered & Bewildered, but not Bewitched.
Remember that one? I can hear it now.
Oh he can be a Charmer at times and I have witnessed same.
Why doesnt he get it or pretends to not get it?
How can a savvy GURU and MARKET MAVEN make such Blunders?

To say, more then a few times; THE INEVITABLE MELT-DOWN will come!
He's talking...............(NUT STOCKS)
Hasn't said that in a while has he?
Can you really see a Yahoo or an AOL melting down?
Could any intelligent follower of technology do other then scoff
at that idea of a melt-down?
What are the odds of this happening?
Then again what are the odds of Technology or even the entire
Market melting down? Pretty high huh? So now that we got that one
solved. Lets go to the next one.

Virtually every DAY TRADER will have to go back to his former job.
Please excuse me if I dont use the quote marks cause I'm not
sure of the exact wording and I may have missed a word here or there.
Dont tell (Mckeever?) that! I believe thats his name.
The cool dude on CNBC last week, makes six figures ea month.
Not a big deal- just an average month to this guy.

Funny he didnt say it last week. Did he read the script and
watch CNBC? How come he didnt mention Day Trading and laugh
about (SALON) SHAVE anyone while your trades being executed?
Or how bout a NECKRUB it must be tite from watching that ticker?

Please tell me when the migration back to their former jobs will
start so I can open up an EMPLOYMENT AGENCY. With 100,000 or so
applicants I could have a party. Get em all jobs as BROKERS!!
Hah! Or maybe I can make poets/writers out of a few.

So should I post this on the BB threads?

BestofLuck!

-- posted by TONYBRIG