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Posted: 11/27/2014 12:28:23 PM EDT
What does ARF think of him and his show?
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[#1]
You know there are people who do the opposite of what he says. I mean purposely. I'd say take anything he says with a grain of salt. There will be some good info, but I wouldn't invest solely on anything any one person says.
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[#2]
He's entertaining, but has a terrible track record.
Ignore any advice.
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[#3]
Quoted: What does ARF think of him and his show? View Quote You have to spend at least ONE HOUR A WEEK investigating each investment you have! If you just want to listen to what he says and buy, beware of the Cramer bounce the day after he makes recommendations--wait a week or two before you buy. |
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[#4]
Cheerleader for the market. I'd ignore him and listen to Peter Schiff instead.
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[#5]
Quoted:
You know there are people who do the opposite of what he says. I mean purposely. View Quote View All Quotes View All Quotes Quoted:
You know there are people who do the opposite of what he says. I mean purposely. Mazeman:
He's entertaining, but has a terrible track record. Ignore any advice. This is my understanding of him as well, as relayed by folks I know who invest and play markets. |
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[#6]
Quoted:
This is my understanding of him as well, as relayed by folks I know who invest and play markets. View Quote View All Quotes View All Quotes Quoted:
Quoted:
You know there are people who do the opposite of what he says. I mean purposely. Mazeman:
He's entertaining, but has a terrible track record. Ignore any advice. This is my understanding of him as well, as relayed by folks I know who invest and play markets. That's what I have heard as well, but how has he stayed on if he gives such bad advice? |
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[#7]
I think Matt McWhatshisass's character in Wolf of Wall Street summed it up.
Stock goes up/stock goes down, who cares? When you buy or sell I get some of your money. That's what a broker is. |
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[#8]
Quoted:
Cheerleader for the market. I'd ignore him and listen to Peter Schiff instead. View Quote Peter Schiff is the opposite of Cramer. Very doomsday and too extreme. Maybe listen to both and make up your own mind, along with your own research. Most talking heads are not worth listening to and say what they need to in order to make money from their "base". |
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[#9]
Quoted:
- That's what I have heard as well, but how has he stayed on if he gives such bad advice? View Quote He's entertaining to some folks. You could ask yourself how the several news channels that ignore news have managed to stay on if they won't report on major stories, or tell stories that are the antithesis of the facts. Similar answer. |
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[#10]
Watch him for entertainment, not for investing.
He works on the 2 out of 3 principle. He makes money, the house makes money and 2 out of 3 is pretty darn good don't you think. He is popular because most people won't do the footwork and would rather have someone feed it to them. He yells and screams, blows horns (especially his own), rings bells, flashes lights. His display is better suited for a children's clown show. Come to think of it............. |
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[#11]
Quoted:
What does ARF think of him and his show? View Quote I used to think he is a clown. I have a friend in common with him who was at my house for a few days during the bank crash in 2009. In private, Kramer called the bottom of the Dow within about 100 points. Changed my opinion. Ignore the yelling and sound effects and listen to his reasoning if not his picks. |
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[#12]
He's entertaining. Well, as entertaining as you can be when talking about something as boring as stocks.
I wouldn't actually take his advice on anything. |
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[#13]
This speaks for itself:
So, if you can't own the retailers, and you can't own transports, and you can't own banks and brokers and financials and you can't own commodity makers and you can't own the newspapers, and you can't own the machinery stocks, what can you own? A-ha, that just leaves us with tech. That's why we keep coming back to it. That's why, despite the 80% increase in the Nasdaq last year, we are looking at another record year now. It is by that process of elimination that I have picked my top 10. And my next 10 and my next 10 after. Only those companies are worth owning. The rest? You can have them. Thank you. |
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[#14]
His show caters to getting people on the tail end of a deal so he and his buddy's can exit.
If the laws were actually followed, I'd bet he'd be in jail, but we all know everyone is in on it. Myself included.
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[#15]
I cannot stand to watch him, nor would I take any of his advice.
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[#17]
I have heard he buys a stock, talks it up. When everyone goes into a buying frenzy, he then dumps it and takes a profit. Would not follow him.
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[#18]
financial porn/entertainment.
Nobody knows nuthin! Just invest in low cost index funds and bond funds. Spend your time more productively in figuring out how to spend less living and save more. |
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[#19]
I invest in low cost S&P index funds, and stay invested. But I put earnings set aside for investing into a MMMF to buy on big dips when the VIX volatility index gets over 24, instead of buying into the market at record high prices. That's my personal method. The volatility part isn't in this book, but otherwise it rules what I do. Market going to market. Graham calls stock market volatility "Mr. Market". |
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[#20]
Quoted:
Watch him for entertainment, not for investing. He works on the 2 out of 3 principle. He makes money, the house makes money and 2 out of 3 is pretty darn good don't you think. He is popular because most people won't do the footwork and would rather have someone feed it to them. He yells and screams, blows horns (especially his own), rings bells, flashes lights. His display is better suited for a children's clown show. Come to think of it............. View Quote Kind of like the pee wee Herman show. |
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[#21]
None of these experts do better than random chance long term.
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[#22]
Cramer is a retard. I have worked at a few of the companies that he was pimping. He didn't have the slightest idea how their business worked.
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[#23]
Quoted:
His show caters to getting people on the tail end of a deal so he and his buddy's can exit. If the laws were actually followed, I'd bet he'd be in jail, but we all know everyone is in on it. Myself included. View Quote Same as when all the investment houses start incessant radio ads touting the efficacy of buying munis. They no longer believe they are worth holding so it's time to distribute them to the suckers. That also a applies to any investments or commodities that undergo a rash of advertising; the market makers no longer want to accumulate or hold......they want to distribute to the little guys and take their profits. Guess who gets caught holding the bag? |
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[#24]
Cramer started as a cub reporter in Tallahassee, FL.
As he was listening late one night, he heard about some murders on his police scanner. He put on a suit, and went over to the crime scene. Since Cramer was wearing a suit, all the cops assumed he was a detective, and shared all the information with him. So he learned all about the murders. It took the cops a day or so to confront him, figure out that he was a reporter, and chase him away from the crime scenes. So that's how Cramer got his start: he had (and reported) the details of the Ted Bundy murders. |
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[#25]
Quoted:
Quoted:
Watch him for entertainment, not for investing. He works on the 2 out of 3 principle. He makes money, the house makes money and 2 out of 3 is pretty darn good don't you think. He is popular because most people won't do the footwork and would rather have someone feed it to them. He yells and screams, blows horns (especially his own), rings bells, flashes lights. His display is better suited for a children's clown show. Come to think of it............. Kind of like the pee wee Herman show. Today's secret word is "malinvestment". |
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[#26]
He is an unlicensed guy giving people investing advice. He should be behind bars IMHO. The SEC has him on their list, same with most of these stock/chart guys selling newsletters or podcasts
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[#27]
He's never wrong. At least according to him. Buy a stock he recommends and lose money? Well, you timed it wrong.
He's a very knowledgable guy, I wish he wouldn't touch talking about when to buy/sell individual stocks. I don't watch him or any of cnbc any more. |
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[#30]
Quoted:
What does ARF think of him and his show? View Quote here is a clue: he has concluded he can make more money by being on TV making remarks on investing, versus actually investing following his own purported investment strategies. this tells you everything you ever needed to know. seriously if you were such a "market sage" you could just make money -- and skip the actual "work" of getting up and going to work telling other people how to invest. ps the inverse is also true for Peter Schiff and his types. he makes far more money selling books and column inches than he does actually shorting the markets; again, a clue. ar-jedi |
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[#31]
His record is so bad, that if you go against his picks you will make more money. If he says to sell, you should buy, and if he says to buy, you should sell.
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[#35]
I HATE every time he mentions a company that I have a position in.. Good or bad.
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[#36]
Quoted:
What does ARF think of him and his show? View Quote Is it still on? When it was on or when I'd see it going by on the idiot box. he always seems ......stupid. I've no more cable and therefore (the little TV I watch) no more cramer. No loss. |
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[#37]
His voice grinds me! Fucking thing squeaks and shit.
Someone said look at his picks 1-2 weeks, yeah in about 3 days that fucker is down. If you have interest AND researched it, buy OR not. He can't be all asshole if he's successfully running his own company/fund(s). |
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[#38]
Quoted:
His voice grinds me! Fucking thing squeaks and shit. Someone said look at his picks 1-2 weeks, yeah in about 3 days that fucker is down. If you have interest AND researched it, buy OR not. He can't be all asshole if he's successfully running his own company/fund(s). View Quote His rolled up sleeves bother me more than anything. I can't explain it. |
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[#39]
Quoted:
His rolled up sleeves bother me more than anything. I can't explain it. View Quote View All Quotes View All Quotes Quoted:
Quoted:
His voice grinds me! Fucking thing squeaks and shit. Someone said look at his picks 1-2 weeks, yeah in about 3 days that fucker is down. If you have interest AND researched it, buy OR not. He can't be all asshole if he's successfully running his own company/fund(s). His rolled up sleeves bother me more than anything. I can't explain it. I can. Its calculated to make him look like some high stress guy breaking his ass to do his job When clearly, he's a clown In short, it's an insult to people who actually do need to roll their sleeves up to do their work |
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[#40]
If his advice was so great, he'd be wiping his ass with Benjamins with Warren Buffett.
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[#41]
Total jackass. Be the same as letting your dog pick the stocks by seeing which section he pisses on.
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