Aston04 said:
Not a Jim fan...
But he makes what 15-20 picks per show on average? 5 nights a week. And does morning stuff on CNBC. Basically he's on record on most major companies- buy/sell/hold... Gonna be easy to find massively wrong picks by anyone in that position.
I tend to agree with this and I am NOT a Cramer supporter.
In your own time, go make just one call per day on the same symbol for a month. Check you record and then ask if you want to held liable for every single take. It's very hard.
At the same time, Cramer is doing very little of his own analysis. He has a team of analysts who are watching thousands of companies daily. They do all of the research for Mad Money so that he can spout it off as quick as possible. Some companies he follows and is able to inject his own commentary.
But at the end of the day, Jim is a purely fundamentals guy. He doesn't understand what actually drives markets, and that just because he can perceive a value doesn't mean the supply and demand will find equilibrium there.
He's also a major traditional media tycoon. He's on the first lines when government approved messaging needs to get rolled out to gaslight the retail side of the corporate world.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
