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Business >> Should You Avoid Jim Cramer?


Business  (tags: Bear Stearns, Boo-Yah, Cnbc, Fox Business Channel, Hedge Funds, Jim Cramer, Jim Cramer Advice, Jim Cramer Bear Stearns, Mad Money, Millionaires, Breaking Business News )

Blue
- 4101 days ago - huffingtonpost.com
He might be the most-celebrated stock-picker on TV, but many say Jim Cramer got it wrong and some have renewed an older criticism of the television host: That small investors who follow Cramer stand to lose big.



   

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Blue B (855)
Wednesday March 26, 2008, 7:02 am
Bear Stearns, Boo-Yah, Cnbc, Fox Business Channel, Hedge Funds, Jim Cramer, Jim Cramer Advice, Jim Cramer Bear Stearns, Mad Money, Millionaires, Breaking Business News
 

Blue B (855)
Wednesday March 26, 2008, 7:02 am
He might be the most-celebrated stock-picker on TV, but many say Jim Cramer got it wrong and some have renewed an older criticism of the television host: That small investors who follow Cramer stand to lose big.

Cramer is the host of "Mad Money," a weekday program on CNBC on which the animated hedge fund millionaire darts around his set, shouting investment advice and punctuating market talk with many a jubilant "Boo-yah."

After the shocking collapse of investment bank Bear Stearns, Cramer has taken serious heat for comments he made on his March 11 show. He told viewers: "Don't move your money from Bear! That's just being silly! Don't be silly!"

Keep reading here.

-- OR --

Watch Cramer (kind of) own up to his Bear Stearn "silly" comment.

Read how the Fox Business Channel is using Cramer's words in an anti-CNBC advertisement.
 

Chris Nielsen (75)
Wednesday March 26, 2008, 7:35 am
Jim Cramer has some bad habits he brought over from his hedge fund days. Look up that past practices of hedge fund managers and you'll find a plethora of shady trading and immoral judgments. Not the least of which, a lack of any wisdom for future impacts, just pure unadulterated greed.
 

Blue B (855)
Wednesday March 26, 2008, 5:24 pm
So true, Chris; thanks for your input. A friend of mine reported the market trades for the day on TV with Jim Kramer and she tells the story of how his nose "blew out" right on the TV show; he was a real coke head!
 

Blue B (855)
Monday October 20, 2008, 6:47 pm
The Media Equation: Jim Cramer Retreats Along With the DowAfter years of selling the stock market as a reliable path to riches, CNBC’s star stock-picker has received brutal criticism recently from viewers and competitors.
 
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