What does everyone think of Jim Cramer?

[stuman19]

I have his book and am reading it. I listen to some of his shows. Are you a subscriber to his action alerts plus charity fund? What do you think of his reasoning?

All opinions welcome,

Thanks for reading...Stu

 

[everman]

His tv show is entertaining, haven't read his books and don't intend to.
Note that I said entertaining, not intelligent or insightful, but he does make a good point now and then.

 

[stuman19]

Sounds good everman....

Anyone else?

 

[iversonyin]

I wouldn't take his advice too seriously. He's good for scanning stocks. But I wouldn't mind into everthing he mentioned.

His show its all good for entertainment purposes. As he suggest, do your own research.

 

[stuman19]

Thanks for your input iversonyin.

Are there any good books that may help in this research process?

 

[DaveSimmons]

I only invest in stock index mutual funds, so I ignore the stock pickers.

The majority of them underperform the S&P 500 over time, as do the people that follow their advice, but for me it's also about saving massive amounts of effort and stress.

Buy funds, hold forever, spend zero time on stock picking, market timing, and figuring out taxes due on trades.

 

[bennylong]

He's a shill

 

[FoBoT]

entertaining

i have no idea if he has a clue about stocks and financial stuff

think of it like watching judge judy, are you going to learn "legal" stuff by watching judge judy? no , you just watch it for fun

 

[Zugzwang152]

He hits the Bull button way too often.

 

[ultimatebob]

It's an entertaining show, but I'm not convinced in his "reasoning" at all. He seems to have a fairly basic momentum investing philosophy ... talking up stocks that are rising and slamming stocks that are going down. Sure, that method works a lot of the time, but I'd certainly do your homework before buying any of his stock picks.

 

[Excelsior]

BOOOOO YAH.

 

[iversonyin]

Originally posted by: stuman19
Thanks for your input iversonyin.

Are there any good books that may help in this research process?

If you want to get into investing scene, start reading sites like yahoo finance, msn money. I found Kiplinger as an excellent source for retail investor.

 

[UncleWai]

Can I get a BOOOOO YAAA!?

 

[Zolty]

Originally posted by: UncleWai
Can I get a BOOOOO YAAA!?

nope

 

[stuman19]

So, Cramer is a dud. Got it.

 

[Siva]

I enjoy him for entertainment alone. Cramer and the British House of Commons are the two best things on TV.

 

[saymyname]

I've read his last book and read some of his stuff online plus listen to some of his radio show.

Unless you've read his book I don't think you can really judge the guy. His book is excellent. That guy is not a dud. He's been very good in the market. You probably should do more reading for more opinions but it's very interesting to note the difference between his philosophy and Warren Buffett's.

 

[CPA]

Originally posted by: bennylong
He's a shill

huh?

He made millions as a legit stock trader. Now he has his own show and is a shill? the guy, eats, sleeps, lives the stock market. And he has a personality that many people find refreshing in an otherwise stuffy environ.

 

[PELarson]

Originally posted by: stuman19
I have his book and am reading it. I listen to some of his shows. Are you a subscriber to his action alerts plus charity fund? What do you think of his reasoning?

All opinions welcome,

Thanks for reading...Stu

If you have to spend 3/4 of the time jumping up and down to convince someone to buy or sell a stock. Your advice ain't worth a penny!

 

[Nerva]

he deserves props and kudos for knowing so many companies and their infos right off the top of his head, but only a fool would trade anything based on his recommendations. my best friend's girlfriend works for the show and i was invited to the taping of a show once. i couldnt make it, but they sent you a long list of requirements: you have to seem extremely upbeat, must have a couple of companies in mind to ask him about etc etc. but all in all, his completely unreliable.

what is reliable in terms of following a stock? the answer, there is none. all you can do is run your own models based on the fundamentals of the firm. that is, if you are going long on the stock. hard to make a quick buck in the market nowadays.

 

[Nerva]

Originally posted by: saymyname
I've read his last book and read some of his stuff online plus listen to some of his radio show.

Unless you've read his book I don't think you can really judge the guy. His book is excellent. That guy is not a dud. He's been very good in the market. You probably should do more reading for more opinions but it's very interesting to note the difference between his philosophy and Warren Buffett's.

well, those two have a lot of working capital that your average person just don't have. warren buffett is able to make his bets because he's got a lot of money to start with.

 

[spliffstar69]

I love him I short most stocks he mentions mad moeny

 

[j00fek]

a BIG BOOoo-YA FROM MAINE

 

[Nerva]

just read the jim cramer wiki, i must say he has really good credentials. 24% return after fees and beating the spx for 13 years in a row is no easy task for a hedgefund. but then again, it was before the bubble bursted when hedgefunds are not a dime a dozen.

 

[saymyname]

Originally posted by: 3cho
he deserves props and kudos for knowing so many companies and their infos right off the top of his head, but only a fool would trade anything based on his recommendations. my best friend's girlfriend works for the show and i was invited to the taping of a show once. i couldnt make it, but they sent you a long list of requirements: you have to seem extremely upbeat, must have a couple of companies in mind to ask him about etc etc. but all in all, his completely unreliable.

what is reliable in terms of following a stock? the answer, there is none. all you can do is run your own models based on the fundamentals of the firm. that is, if you are going long on the stock. hard to make a quick buck in the market nowadays.

Have you read his book?