Bob Brinker
Review
All About Bob Brinker
Bob Brinker is a Radio Talkshow
Host who comments on the stock market and some general news items
of the day if they stand out enough. His main idea is that people
should educate themselves enough about stocks so that they don’t
need to pay someone else to make decisions about their money for
them. His stated goal is for people to able to independently reach
what he calls “Critical Mass”, the point at which a person can
retire and live off of their investment income.
He typically advises against high-risk investments
and is vehemently opposed to mutual funds that carry a load. A
“load” is used to describe a mutual fund that not only charges for
the shares they sell, but also adds an extra sales charge on top of
it. He instead advises people to look for No-Load Funds since there
are plenty of them that perform well.
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Solid Host
Here are some reasons why I believe Mr. Brinker is a noteworthy,
knowledgeable host and adviser.
First, he knows his stuff. Bob Brinker has had his
national radio show for over 20 years. You can’t be on the air
every day or every week, giving your opinions about what stocks
look good and what stocks don’t – without having a firm
understanding of market trends. He not only has the ability to spot
solid investments now, he can also understand how certain factors
such as inflation or interest rates will have an effect on the
market. In Chicago, he’s on every week. That amount of time is a
testament to his passion and knowledge.
Second, he’s fair and encourages independence. From
listening to his show, it’s obvious that he’s reluctant to talk
about specific names of funds or stocks. Maybe that has a little to
do with advertisers who might get upset, but I believe it’s also
something more. You can catch a man fish and feed him for a day or
teach a man to fish and feed him for life. He doesn’t tell you: “Go
for this stock” or “Go for that fund.” He tells you the trends,
explains why he believes one way or another and urges you to judge
your tolerance for risk and make wise decisions. It’s hard to
dispute a man’s integrity when all he wants is for you to be
knowledgeable so you can make the best decisions for yourself.
Third, Bob Brinker is a great communicator. I once
read a review that said: “At least once a day he confuses what
someone is saying.” That is not my experience of him at all. I’ve
heard him misunderstand things from time to time, but by and large
he not only understands what a person is asking, he understands the
implications of the question. And let’s be honest, some of these
callers have a really tough time getting their question straight.
He has to understand what is really important.
One caller was asking how much to invest in a
certain fund. Bob’s response was to question the caller about the
investment: how much, what fund, over what period of time. He found
out that the unheard of fund manager had promised 40% over a
12-month period when the market was only up only 5%. He stopped on
that point and urged this elderly lady to correct her decision.
Finally, he’s just a good businessman. With
examples like the previous ones and all of his advice in the
future, who knows how many hundreds of thousands or millions of
dollars he’s responsible for saving or making for other people. He
has a paid newsletter called Market Timer that advises how you
should be investing based on your income level and tolerance for
risk. He reviews and suggests investment books that can teach
ordinary people the sometimes-complex jargon of the investment
world. He also recently added a part of his show where he
interviews authors, speakers, and other professionals from the
world of money. It’s interesting every week, there’s always
something to learn.
In short – there’s a reason why Bob Brinker has
been on the air for 20 years and I expect in 2007 he will only find
more ways to improve his show and his investment advice. Wonder if
I’m wrong? Go to his website and see when he’s on in your area or
download a podcast. See what you think.
Note from author:
I actually listen to Bob Brinker every weekend when
he's on here in Chicago. I enjoyed writing this article.
Thanks!
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The Bob Brinker Review

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