It appears that the monologues and old calls that Brinker chooses to play on the days that he is not live on the air are rather carefully chosen. Almost all of the callers are subscribers living in the Land of Critical Mass with multi-million dollar net worth - thanks to Bob, of course.
It's a real shame that Brinker chooses to deceive his listeners by pretending that he is there live taking phone calls and putting out the latest information. To my knowledge, there is no other radio talk-show host who does that. Without fail, all others announce "best of" or simply say not to call. Matter of fact, most of them show their audience the courtesy of telling them the week before they will be gone.
Listen Online
60 comments:
It seems that having no alarm clock is not a very good goal. Maybe we should pitch in and buy Mr Brinker an alarm clock so that he can wake up in time for MoneyTalk.
BS for Roy in Minnesota.
LOL @ "Bootlicker Reruns."
.
SuzyPie....Brinker doesn't worry about no stinkin' Moneytalk program anymore.
He just has his son put together some of his old monologue and splice some calls that kiss his ring - praising Marketimer and BB's "wonderful" job.
2017:
November 26: Re-Runs
December 10: Re-Runs
December 24: Re-Runs
December 31: Re-Runs
2018:
January 14: Re-Runs
Damn, just after the 4:30 break we have another "buttswab" caller.
.
Brinker is capitalizing on the fact that this stock market has been constantly at all time highs over this past year.
He keeps repeating that to the "chosen" ring-kisser callers that he and/or Jr. chose to splice for today.
In these times rampant crime against honest, hard working tax payers isn't front page news.
Now the news focus is what's said about minorities.
Dirty hands Dick Durbin bankrupting Illinois can now be a reliable social justice warrior.
If you get a chance read the online Chicago Tribune article comments section about the situation. Not the usual 5 or so but 325 comments about the situation.
Much of Durbins dubious past is discussed.
Arthur Levitt and Barry Ritholtz, both on Bloomberg, have good podcasts.
That's what I listen to when BobbyB bones us with replays.
Gotta feel sorry for the poor shlubs who paid good for re-run podcasts.
So Brinker is reruns again today. After one live Sunday, he needs to take a break. Good job if you can get it.
Maybe 2018 is the year that Brinker shows up live less than half the time. Or maybe this is the year that he finally calls it quits.
Thanks to all for the recommendations on podcasts. Kudlow and Schlesinger are both excellent, and will try out the two mentioned above. Any other podcasts that blog readers like for financial or market purposes?
To Stinky...
Try Gary Kaultbaum. He's on daily.
When I can't sleep, I put this on:
http://www.kabc.com/2015/03/20/money-talk-podcast/
Nothing like reruns of reruns. Go Bob!
What I don’t get is that no one is forcing anyone to listen to Bob’s show! If you don’t like that he does re-runs STOP listening and STOP bit**ing. You’re a bunch of Babys...
@ MAD: So you don't think the paying "schlubs" appreciate hearing Bootlicker Reruns?
.
Klashelle....LOL! Now that is funny. You poor guy, you missed the whole point.
I'll try to explain:
Oh, never mind. LOL!
Happy New Year!
No Honeybee, you miss the point, you just want to bash Bob whenever you have the chance. I call it jealousy because Bob has a tremendous following and you don’t. He isn’t perfect but he has helped and educated more people than you could only imagine. If he wants time off he deserves it. If anyone doesn’t like it stop your subscription to Marketimer and cancel MoneyTalk on demand. It’s free country! GO BOB!
I just got my re-newel notice but thinking I my not renew...the content of the letter and the Portfolio's really don't change that much.....I think I learn more from Honey's assessments:) thank you! Mark
.
I deleted your last post slamming me again, Klashelle. I don't need any more of your abuse even though you are making yourself look like an utter fool.
Now go away, get an education, and then think about coming back to play with the adults.
Honeybee,
Many thanks for ensuring a high degree of decorum on this site. It makes this a very nice place for discussion and learning!
JC
Bob has no shame about the charade. Grew up back east same place as BB. The prevailing wisdom back then and there was, "If you're not trying to cheat someone, you are a naïve fool."
Besides, it's a government holiday weekend and BB's productivity is worse than at the DMV. "No disrespect to the slugs at DMV," as BB likes to say.
It's amazing how many gov workers don't understand that the inefficiency and waste is largely because there's no incentive to make a profit. The gov doesn't earn money, it just spends other people's money.
Vote another bond issue? Go ahead, it's just money out of your wallet. But forgive me, I'm preaching to the choir.
Duke, Strawberry CA
.
Thank you Jerrod.....His nasty notes just hit the trash bin now.
I'm thinking someone in Henderson or Colorado was having a boring day - if you know what I mean.
Hey Duke: Great post! I agree with all your points EXCEPT that not all of us right coasters are crooks!
Something I learned from my employer in the first week of my first full-time job working for a small consulting firm: "In the end all a man has is his reputation." He said with every project he does what is best for his clients, and by doing so protects his integrity and his reputation. That was over 40 years ago and I have never forgotten it.
Bob Brinker's integrity meter is registering low readings and it has been doing so ever since he started running reruns without any announcement to that effect. Other shows do that ... announce when something is a repeat show. Whether it is a "Bob thing" or a "Cumulus thing," I don't know but I don't think BB cares. I think he just wants to make it to the next milestone, his show on Superbowl Sunday. We'll all be treated to his recollection of that first show and any caller who represents that he or she has been with him the whole time will go to the head of the line.
Honey: Your comments about "No-show Jones" . . . er, "Bob" on the front page are spot-on.
I can't see the show lasting much longer with more reruns than live programs. Lets face it, BB is pushing 80 years old. Sooner or later, he will lose affiliates when they realize that he is never around.
Steve in Harrisburg.
Bob Brinker recently purchased real estate for over two million dollars in Las Vegas, according to public records. I don't believe Mr. Brinker has to worry about "putting on another show" for anyone. He has made his fortune, not through any particular skill or talent, but mere luck. Just be in the right place at the right time, and you are a genius.
.
Anonymous, please send a link to wherever you learned that information.
It's been over ten years since Brinker bought a $1million condo in Henderson - at Lake Las Vegas. I have info documented that I can post on that.
(That was just before the real estate crash in 2008. His condo value dropped to approximately $250,000).
Are you saying that he has bought more property there?
Ah yes, the good ol' George Jones, aka "No Show" Jones. He left his mark on country music whether he appeared or not.
Duke again
This may be the radio network’s policy and/or required by his contract.
I USED TO LISTEN TO BOB EVERY WEEK, BUT FOR THE PAST 2 YEARS I LEARN VERY LITTLE FRON HIS RADIO TALKS. IT SEEMS HE IS SRUNNING OUT OF STEAM AND COULD USE SOME NEW YOUNGER BLOOD. LATELY I LEARN MORE FROM YOUR BLOGS IN 30 MINUTES THAN 3HOURS OF HIS TALKS.
Well Duke, you certainly left your mark on the big silver screen.
Remember that raving feminist, Maude, the TV show from the '70s? You showed up at her front door one time and she almost swooned. As I recall, she knew you were coming and she was going to give you a tongue-lashing for your "Neanderthal" views.
But once you stood in front of her she forgot all about that stuff. Haha, great show.
.
Larry Szantor, if you believe the radio network forces Brinker to refrain from announcing the show is a re-run - and then rather than simply replay an old show, forces him to create a program by choosing old monologues and old calls and putting them altogether, I have a beautiful orange bridge that I will sell you CHEAP.
But nice try at defending Brinker's scam. It seems to be in vogue this week.
.
Gee...Yes there is a reason.
I am not here to be a punching bag for Brinker or Brinker-sycophants, so insulting me will get you the trash bin.
Consider yourself lucky that I answered this post.
Brinker invests all the international stock money in the Vanguard FTSE All-World Ex-US Index Fund (VFWIX).
That seems like an unusual pick. The much more likely pick would have been the Vanguard Total International Stock Index Fund (VGTSX) because it is the international version of the fund he loves so much, the Vanguard Total Stock Market Index Fund.
Has anyone heard Bob Brinker explain why he doesn't invest in the Total International Stock Index Fund?
Why he invests in the other one instead?
thanks
Robert
"Gee...Yes there is a reason.
I am not here to be a punching bag for Brinker or Brinker-sycophants, so insulting me will get you the trash bin."
Honeybee,
Nicely said!
rjb112 said: "Brinker invests all the international stock money in the Vanguard FTSE All-World Ex-US Index Fund (VFWIX).
That seems like an unusual pick. The much more likely pick would have been the Vanguard Total International Stock Index Fund (VGTSX) because it is the international version of the fund he loves so much, the Vanguard Total Stock Market Index Fund.
Has anyone heard Bob Brinker explain why he doesn't invest in the Total International Stock Index Fund?
Why he invests in the other one instead?"
Not sure it matters much since the two funds are virtually identical. VGTSX has a slight small-cap exposure that the other doesn't. This makes the two funds attractive partners for tax-loss harvesting.
Maybe the larger question is why does Vanguard keep the two funds? Even the expense ratios of the Admiral shares and ETFs are identical. This thread explains some of the history behind how the two funds came about:
https://www.bogleheads.org/forum/viewtopic.php?t=223719
Best bet is to just leave most of your retirement savings long term in Vanguard Target Retirement Income Fund or Vanguard LifeStrategy Conservative Growth Fund.
AD
Conflicting info…
We recently received a publication called “BottomLine Personal” dated January 15, 2018. On the front cover there is an article written by Robert M. Brinker - “The Best (and Worst) Bond Funds for 2018". The article notes "Bond Types to Favor" and includes Intermediate-term bond funds - noting “My favorite now": DoubleLine Total Return Bond Fund. This is conflicting info since last year Bob recommended getting rid of this fund and going with DoubleLine Low Duration Bond Fund. Has he changed his mind or have we missed something?
Conflicting info…
We recently received a publication called “BottomLine Personal” dated January 15, 2018. On the front cover there is an article written by Robert M. Brinker - “The Best (and Worst) Bond Funds for 2018". The article notes "Bond Types to Favor" and includes Intermediate-term bond funds - noting “My favorite now": DoubleLine Total Return Bond Fund. This is conflicting info since last year Bob recommended getting rid of this fund and going with DoubleLine Low Duration Bond Fund. Has he changed his mind or have we missed something?
.
Bobbie....You are a victim of the Bob Brinker scam, which should be illegal, but isn't - unfortunately.
The Moneytalk host/Marketimer publisher Bob Brinker, is not Robert M. Brinker. He is Robert J. Brinker - FATHER AND SON.
The son used to call himself "Bob Jr", but started using "Bob Brinker" about the same time he started selling a fixed income newsletter. That deceives about 99% of the people (based on numerous callers to Moneytalk) into thinking that the Bob Brinker on Moneytalk has two newsletters. KA-CHING!!!
On Twitter and in general on the internet, Jr does not even use his initial. But even when he does use it, you didn't know the difference. Who would except someone like me who has been working to out their ONGOING SHARK ATTACK for many years.
Even in his newsletter, he only uses "Brinker."
Check out "jr's" Twitter feed. (He blocks "Honey's Buzz" - I guess he thinks I'm stupid.)
Bob Brinker's son at Twitter
Moneytalk is all about selling newsletters for both Brinker's - why else does Brinker hang on by his fingernails to just 3 programs a month at age 75? Money for himself? I don't think so.
“BottomLine Personal” dated January 15, 2018....an article written by Robert M. Brinker - “The Best (and Worst) Bond Funds for 2018". The article notes "Bond Types to Favor" and includes Intermediate-term bond funds - noting “My favorite now": DoubleLine Total Return Bond Fund. This is conflicting info since last year Bob recommended getting rid of this fund and going with DoubleLine Low Duration Bond Fund. Has he changed his mind or have we missed something?"
+++++++++++++++++++++++++++++++++++++++++
You're right, it's conflicting information.
According to M*, the average effective maturity of that fund is 5.36 years, and the duration of the fund is 3.84 years.
The fund that you mention that he recommends (Low Duration Bond Fund) has a duration of only 1.35 years (and average effective maturity of only 2.62 years)
Robert
I was reading the full article being quoted and it does appear that Bob Jr. has a different view than Bob Sr, not just on intermediate funds but also junk bonds. Bob Jr says they should be avoided but Bob Sr says he's perfectly willing to accept credit risk as proven by his owning OSTIX which is mostly junk and also his largest holding in his income portfolio.
.
So Robert M. Brinker is being touted as a "fixed income expert" now?
Daddy Brinker sent him to a fine University in Colorado where he got his degree in computer-IT and loved it until the dot-com bust put him out of a job.
Seeing Daddy-Brinker's huge success with his business model of using the national airwaves to sell an "investment letter" must have looked mighty fine to him. Especially if he could find a way to just double the "investment letter" dough by using Daddy's coattail-fame on the radio.
Bob Jr. once swore he had no interest in following in Brinker Sr's footsteps and took precautions to be sure that he was not mistaken for The Bob Brinker.
How do I know all of this? I was there before and after the transformation happened. Bob Jr. used to be the webmaster for the Brinker message boards back in 1999-2000. And Bob Jr and Bob Sr. did a lot of posting on Silicon Investor during those years. I saved everything to my files.
Yes, just how does a guy trained in computer-IT become a "fixed income expert?"
Can't Bottom Line Personal find a real fixed income expert?
Isn't it very odd that Dad and son disagree on how to invest in fixed income?
Very unusual
.
RJB...Don't forget that Bob Jr is a computer expert and knows how to use and manipulate the internet.
He jumped on Twitter right at the start and road it to almost 45,000 followers using the same "name" his father uses. He blocked me almost from the beginning even though I never made a Tweet to him or about him. I don't think he likes me.
SR has a Twitter account, but never uses it.
And remember how Mark Hulbert comes into play in this whole thing.
Thanks everyone for enlightening me. I knew Bob Sr. had a son that used to work on the Marketimer, but somehow I did not connect the name in BottomLine Personal with the son. We have been listening to Bob since the beginning and never thought there would two Bob Brinkers - and two differing investment opinions at that. And to make matters worse, both newsletters are published out of Littleton, CO.
.
Bobbie...You are exactly right. Both letters use the same address in Littleton, Co.
Brinker's insistence on ultra short duration bond funds may turn out to be a very
good move in the end, but so far it has cost subscribers a lot in terms of return.
Take for example a Morningstar Gold rated fund, 5 star Dodge and Cox Income Fund.
Brinker won't invest in that because the duration is too long, 4.2
But its returns have been excellent. In 2017 it went up 4.36%, compared to Brinker's Metro West Low Duration, which went up only 1.15%, and his DoubleLine pick, which went up 2.2%
The year before, the Dodge and Cox Income Fund went up 5.6%
Does anyone recall the fixed income funds Brinker used to invest in before he became so worried about interest rates?
Didn't he use to like the Vanguard GNMA fund a lot?
I'm sure there were others too. Anyone know their names?
Cheers,
Robert
Yes, he used Vanguard's GNMA for a long time and he would wax on about how little it fluctuated. There were many calls about it, almost like a major league hitter's consecutive game hitting streak, I got wondering how many shows would include calls about VFIIX?
After he bailed on the fund, in about June of 2013, there weren't many calls that made it on-air.
Honeybee said:
"He jumped on Twitter right at the start and road it to almost 45,000 followers using the same "name" his father uses. He blocked me almost from the beginning even though I never made a Tweet to him or about him. I don't think he likes me."
Honeybee,
He is currently at 45,000 followers, so he has experienced some "shrinkage". (Shrinkage is usually bad, particularly for those of us who are of the male persuasion).
I wonder why the decrease - maybe he is showing reruns of his former posts?
JC
He is currently at 45,000 followers, so he has experienced some "shrinkage"
Well now, that didn't make much sense did it?
I shall try again:
He is currently at 44,500 followers, so he has experienced some "shrinkage"
Check. Double Check. Triple Check. Press the button!
Apologies!
JC
rjb said: "Brinker's insistence on ultra short duration bond funds may turn out to be a very good move in the end . . . "
Heh, yes, there's the old saying about stopped clocks that I won't repeat. And, sooner or later, perma-bulls are right, as are perma-bears (or is it perma-frost?)
I'm sure BB knows this, but he doesn't act like it: 1) The bond market is several times bigger than the stock market; 2) there are a zillion different types of bonds out there and they don't all act the same; 3) their movement in relationship to interest rates is not necessarily just a simple math exercise.
There was a time when good old Bob was pounding the table to BE IN THIS MARKET after the capital gains tax cut in the late 90s!
Seems to me that this is De javu! (spelling)
I am inclined to accelerate deploying dry powder.
President Trump is delivering better than I hoped for.
March for life address is a bonus!!
MAGA!!!!
Pavlov’s Cat
Tax reform will have a long stimulus effect. It's not already baked into markets. Buffet for one was quoted as saying the net effect of stock ownership gaining 15% per tax overhaul, is something he has never enjoyed, before, within his lifetime of investing. The tax break is compounded year after year with our corporations enjoying a more competitive business environment. This all spills over to increase wages, salaries, investment wealth, and attracting more economic activity to our shores.
No one should claim the old U.S. outrageous corp tax rate was a good economic thing. Although, we needn't race to the bottom of the competitive tax bracket scale, we still have to be competitive. The economy was hammered by stupid tax laws, in the past. Alternatively, some "experts" claim that tax cut won't work. Why? Because the gov't just keeps on spending. Well, that is half true. If we bump up our GNP up by 1.5% our new tax cuts "cost" will be paid in full. Problem is our government doesn't budget and only accommodates spending. The spending is automatically increased 8% annually. At that rate of increase they can inform the public of level or flat spending. Our benevolent press will carry the big spending central control folks water and allow the public the nonsense evaluation.
We have suffered very anemic economic growth in the past. We need max economic growth and we need to gut about 30% of gov't expenses. The best value to public upon the need to reduce cost of gov't is to put more services to open market. Government is an expensive apparatus to utilize. This is why national defense is so expensive and inefficient.
Pavlov: The difference is, in the '90s there was a Democrat in the Whitehouse, now there's a Republican. Bobby and his biases are so transparent.
I found a Marketimer from 2009. He recommended the Vanguard Short Term Investment Grade Bond Fund at that time, VFSTX. It lists a duration of 2.2 in the newsletter.
Today Morningstar says it has a duration of 2.62
Apparently that duration is too long for Brinker these days.
He invests in a Metro West bond fund with a duration of 1.64, but apparently that's as long as he is willing to go at this time
Cheers,
Robert
rjb: Bobby is in his fifth year of predicting lousy bond returns. Hahahahahahahaha!
Blogger Bluce said...
"rjb: Bobby is in his fifth year of predicting lousy bond returns. Hahahahahahahaha!"
++++++++++++++
He has "lost" a lot of money (or left a lot of money on the table) from avoiding great bond funds because they have a duration that he fears.
After reviewing backtest data at Bogleheads https://drive.google.com/file/d/1JSEY4fczWS2Uq7Xyh9RnC_soTZOFv6NO/view it becomes more apparant that the lazy portfolios very rewarding '85-'17. Look at Wellington and Wellesley safe withdrawal rate. Those two funds make for an easy, safe, and low ulcer investment. Over that time period having safe withdrawal rating better than the rest. Why bother with anything else?
An investor could push 100% to Wellington within safe investment environment and then pull back to Wellesley when the ice gets thin. Both are conservative and safe, so not much risk in poor timing. It may be fun to keep 15% out of this conservative investment for play money. Invest in emerging markets or directly to hot stocks.
It would be good to invest in financial analysis to attempt to rate investment environment. This would improve your odds of market timing upon the investment danger of recession. Having professional analysis keeping tabs on investment environment as such may prove to very rewarding if only to be correct one time or shave a few points off the losing curve. We focus so much on gains and forget that preventing loses about equally important. Sometimes it is best to be completely out of equities. Having the luck to bend that curve just a tad will move the return bar.
Post a Comment