lafta All American 14880 Posts user info edit post |
how does this guy find time to know everything about every company in the world? damn 4/11/2008 6:21:26 PM |
drunknloaded Suspended 147487 Posts user info edit post |
hes like a 5.5/10 4/11/2008 6:21:55 PM |
lafta All American 14880 Posts user info edit post |
i just realised i misspelled his name, who cares but he does know llike everthing out there, random people call about absure companies and he knows everythign about them, its ridiculous 4/11/2008 6:24:36 PM |
joe17669 All American 22728 Posts user info edit post |
im sure a lot of the calls are screened for questions before taping, and he has a team of financial guys who supply him w/ info] 4/11/2008 6:26:33 PM |
vinylbandit All American 48079 Posts user info edit post |
We're upgrading the Bluth Company to a RISKY! 4/11/2008 6:27:00 PM |
swoakley All American 1725 Posts user info edit post |
Maybe he just googles it, like when my little brother calls to ask me obscure stuff. 4/11/2008 6:36:32 PM |
TheLoveTool All American 2240 Posts user info edit post |
He doesn't really know about most of the companies so he makes the call based on the sector. 4/11/2008 6:50:00 PM |
scottncst8 All American 2318 Posts user info edit post |
he's a joke, if you don't know this you have no business investing 4/11/2008 8:33:32 PM |
Scuba Steve All American 6931 Posts user info edit post |
A week before the Bear Sterns collapse
4/12/2008 1:57:05 AM |
statehockey8 All American 947 Posts user info edit post |
saw him walking on the road behind wall street the week of the bear stearns fiasco, guy is like 5'5 and he didn't look to happy...he was also carrying a ton of shit, i figured he'd have a driver and an assistant for that kind of shit
as for his show/book, he just hypes the market, you cannot expect him to be right even 55% of the time, but he does a good job summarizing companies/sectors
another way of saying what ^^ he said - if you pick stocks based on cramer's recommendations, you have no business investing 4/12/2008 10:10:15 AM |
David0603 All American 12764 Posts user info edit post |
I can't stand Cramer. Always worried about his millionaire buddies on wallstreet losing money. That vid is great. 4/12/2008 10:55:27 AM |
The Judge Suspended 3405 Posts user info edit post |
he's a joke, if you don't know this you have no business investing 4/12/2008 11:30:06 AM |
statehockey8 All American 947 Posts user info edit post |
i don't think he's a joke, i don't watch his crap show, but he was a trader at goldman and ran his own hedge fund 4/12/2008 3:05:41 PM |
The Judge Suspended 3405 Posts user info edit post |
Dude a lot of people have run hedge funds, you do realize most hedge funds fail, right? 4/12/2008 3:06:17 PM |
statehockey8 All American 947 Posts user info edit post |
yes, thank you doc...
i don't think he's a joke...i agree that people shouldn't hang on his every word, but you can find a little value in his brief company/sector summaries on his show... 4/12/2008 3:18:24 PM |
FuhCtious All American 11955 Posts user info edit post |
Just like any investment advisor, he doesn't always make the right call. He admitted he totally fucked up on the Bear Sterns thing. Even if you don't look at his individual stock picks, his theories about investing are very sound for the average person.
At the end of the day, every person needs to make their own call about investing decisions, and not just following what someone tells them, but I'm not aware of too many people out there who have better advice than he does overall. I don't think he's always right, but he has a lot of good things worth listening to.
Oh, and he has made it clear that the methods he uses now are distinctly different from his hedge fund practices. Then he had to have immediate returns, so he had to play very aggressively, and he had significant influence on company decisions to push stocks up or down, and he also had access to a lot more information. The rules have changed since then, and his methods since he became a journalist of sorts have been designed to be accessible to everyone. 4/12/2008 3:32:41 PM |
RawWulf All American 9126 Posts user info edit post |
he put my CEO on the Wall of Shame 4/12/2008 5:04:31 PM |