Jim Cramer is also an idiot. To quote Jon Stewart "if you follow Jim Cramers advice you end up with a million dollars if you start with 100 million dollars"
Jon Stewart is incorrect, but Cramer’s picks make money but do not outperform index funds, so they have too high of opportunity cost (not to mention the time spent watching the show.) Some reading: https://www.cxoadvisory.com/4811/individual-gurus/cramer-off...
Cramer himself is not an idiot regardless of the quality of his stock picks. He’s a successful entertainer, like Jon Stewart.
If someone gets their financial advice from a guy pretending to be crazy on TV, like some kind of used car salesman, they need to pull their heads out of their asses. Jim Cramer is entertainment, he's not going to make anybody rich. People who think he lost them money need to shut the fuck up.
Well, yeah, but if he hadn't run his own hedge fund he wouldn't have a TV show about the stock market.
Saying Jim Cramer doesn't make his living telling people what to do with their money is like saying Julia Child didn't make her living telling people how to cook. Nobody watches Mad Money for the antics, they watch it for the stock advice, the antics just keeps them awake.
It doesn't even take Jon Stewart to reveal what Jim Cramer is. Just read one of his books! The man brags about doing things normal people would be ashamed of.
Not picking sides here in the FB debate, but how can you trust anything that Jim Cramer says? The guy failed spectacularly during the financial crisis. He flips a coin, chooses a view, and goes with it...
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