why not to short sell on every thing cramer says,
if we believe he is wrong most of the time.

manuel said:It's not a either/or kinda game. If one doesn't believe he knows what he's doing there's no reason to assume one can make money betting against him.Right. If he was ALWAYS wrong, then he'd be incredibly useful for obvious reasons. If he's a crap shoot, then he's worth nothing to anyone.

FO

The Forbes article on his influence on stocks is pretty good.

Forbes Article on Cramer

It says something about while mentioning Dick's Sporting Goods, it traded 300,000 shares between 6:00 and 7:00. Cisco, for example, traded 12,000 shares during the same time period.

I think it's probably best to watch his show and get two things out of it:

1)Entertainment - face it, that much energy is addictive
2)Broad knowledge and/or news - what other people are interested in and what is going on

Take this with a grain of salt too, as I have never purchased stock.

I am up better than 75% since his show first aired due to his picks in a short 5 months. I purchased my first stock at age 15, some 40 years ago. I am no where near worth the 50 million that Cramer is worth, but have done quite well. A LOT better than investing in real estate!

The real entertainment is some of the posts made in this thread. From some of these posts I can really see why MOST people lose money in the market.

On page 115 of his book Real Money, is a "Cyclical Investing & Trading" chart. This thing is right on the money! I found a simular one about 30 years ago (not as good as his), and for the past 30 years my overall average has been 23% per year.

For all you Cramer na-sayers; When Cramer makes a mistake he will admit it on his show. I have NEVER seen an investment adviser, broker, talking head or what ever you wish to call them, admit when they are wrong on a television show.

In reply to the posting -
"cramer's an idiot. he's wrong 60% of the time. he'll give a buy recommendation one week and a sell recommendation the next on the same stock after it plummets."

Your perceptions are not based on facts. You have obviously not done your homework...

I quote from a recent newspaper article -
"he managed a hedge fund for wealthy families that produced a 24 percent average return after fees for 15 years."
24%...15 years... that is beyond outstanding

"According to a compilation provided by CNBC, the 21 "picks of the week" Cramer has made since April rose an average of 6.24 percent, about DOUBLE the rise in the Standard & Poor's 500 index and slightly less than the small-stock S&P 600 index during that same period."

As for us, our portfolio is now averaging a 30+% return from listening to him AND doing our own research. Stock investing is not for the uninformed or the impatient. You have to be plugged in, realistic, follow the market closely yourself and be flexible.

It's noted from most of the critical postings here on Fatwallet about Cramer that many have little experience with investing in stocks. No wonder they are trashing Cramer. It's like someone being critical of swimming because they don't know how or have the patience to learn.

Don't just jump on a stock he suggests. He may suggest a stock one day and tell you to avoid it the next week due to industry, co. variables that may crop up. He has no control over that. The market is fluid. Things change, which the advantage he has is alot of industry/sector experience in the trenches. Why not utilize that knowledge?

DO YOUR OWN RESEARCH THOUGH. Keep in mind that stock investing is not for everyone, especially for those with less than $10k to invest in a diversified portfolio of stocks to balance their risk or for the impatient.
If you have neither, let a fund manage your money by all means.

I just saw this guy's show for the first time today (first time in years to have cable) this guy is a rodeo clown. Whats he doing on CNBC the only place people like him belong on tv are reality shows and jerry springer.

P.S. What would the offspring of Jim Cramer and Suze Orman be like?

say whatever you want about him, but in tomorrow's Investor Business Daily there is a picture of him helping build homes for Katrina victims with Donny Deutsch. He is actually building the home, not doing a photo op.

anyone still watching him? I haven't watched the show in months. I got tired of every stock that he mentioned being bought up in after hours or having risen 30% in the prior month and due for a correction.

I just watched him yesterday for the first time and I have to say I'm quite impressed with the way he admits failures. For all those cramer nay-sayers let us face the fact. No one can accurately predict 100% how a particular stock will move or industry will move or heck the market will move. So he is doing his best. He is definitely much better than some radio shows where they ask the callers to call in with their ticker symbols and within 4 seconds say buy, hold or sell. I'm going to continue to watch him and do my own DD before buying any stock recommended by him.

kewldealspdx said:He is definitely much better than some radio shows where they ask the callers to call in with their ticker symbols and within 4 seconds say buy, hold or sell.Cramer does that on his radio show, only with stock names instead of symbols. The first 15 minutes of that show are probably worth the listen.