Forum Archive Index - October 2000

["Brian Jones" <ibbij@hotmail.com>]

I subscribed to this for 12 months and make the following comments:

1.   Trudeau and Rivkin met at the "Masters of the Universe" seminar    
about 18 months ago and I believe are now friends and have other mutual 
business interests.

2.   Kevin Trudeau is a very accomplished TV hard sell artist although I 
haven't seen his Rivkin effort.

3.   Rene Rivkin is a very well known personality in Australia and was a 
stockbroker for many years with many and various contacts.He obviously has 
considerable experience.

4.  Rivkin takes a very conservative approach mostly, but I was surprised 
that he didn't get it right more often.He did make some quite unimpressive 
recommendations.

5.  His approach seems to be that as soon as a profit has been made, sell, 
even if that profit is only a percent or two over a short period and that it 
is the annual equivalent percentage that is important.  A
very keen brokerage rate would seem to be necessary.12 months seems to be 
about as far out as he is prepared to look and certainly doesn't recommend 
many long term stocks.

6.  A couple of good recommendations which I wish I had taken were Seven 
Network and Mt Isa Mines.

7.  He didn't get caught in the IT hype and expressed constant amazement and 
dismay at the prices.  He did, however, recommend a company listed on the 
Nasdaq, ACRI, at about US$50, on the word of some
"Zurich gnomes" as he called them.  It dropped shortly after to a low of
US$13 and is now US$34.

8.  I like the way he sees through every recommendation.ie he re-visits each 
one frequently and doesn't have you in a large number of stocks at any one 
time.

9.   Out of favour,neglected,undervalued "blue chips" seem to be his 
specialty.

10. I like his laid-back conversational style and he has a raft of pithy 
homilies which he constantly stresses.

11. Even though I am surprised at what seemed to be a fairly poor success 
rate, I am thinking about re-subscribing as I see Rivkin as someone who has 
their finger on the Australian pulse,  appears to be relatively independent 
and doesn't seem to be afraid to call it as they see it.

Regards.

Disc: My investment in ACRI alone, which I bought on the way down some time 
after his recommendation, has paid for quite a few Rivkin Reports.
If I had bought immediately it would be a different story.
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