Comments on: How Much Money Would Taking Jim Cramer’s Advice Have Cost You?

By: Richard

Richard — Fri, 11 Feb 2011 20:50:16 +0000

It’s far better to do your own research and choose your own stocks than listen to the advice of most of these so-called gurus. You’ll do what’s best for you and your financial situation, and probably come out ahead much more than if you blindly take advice from those who may be out to deceive you.

By: Joe the Trend Following Trader

Joe the Trend Following Trader — Sun, 22 Aug 2010 21:42:19 +0000

I don’t know what’s happened to it, but there used to be an amazing website that kept track of Jim Cramer’s picks vs. picks made by a monkey. My guess is that every time Cramer recommended a stock, they had a “monkey” (or just a computer) pick at random whether it was a buy or a sell. I vividly remember that over the course of a year or so, the monkey had a better winning percentage than Cramer did. Listening to Cramer without doing any research of your own is bad for your portfolio. But in his defense, he does get bombarded with a bunch of questions and he has to provide answers. That’s what people want most.

By: Scott

Scott — Mon, 01 Jun 2009 10:24:58 +0000

Anyone who follows one person’s advice BLINDLY (especially a TV personality) deserves to lose his/her money.

Sound investing requires research into the company that owns a particular stock. There are no shortcuts and there are no guarantees.

By: Lyrazel

Lyrazel — Mon, 20 Apr 2009 14:24:11 +0000

Its a TV show. Like all TV shows Cramer is there to sell product. Product sales is what makes or breaks entertainment shows–so look and see who is supporting Cramer and Money shows. Its easy to do if you don’t go to refrigerator for breaks.

Anyway, why take free advice from a sideshow barker when you can pay for an investment broker to loose the same amount of money because the rating of stocks is biased?

Ok so I still own my Apple stock.

By: “Expert” advice causes the brain to shut down? - Econ4U.org

“Expert” advice causes the brain to shut down? - Econ4U.org — Wed, 25 Mar 2009 19:19:57 +0000

[...] up on our post about Jim Cramer’s stock tips, a new study suggests that the financial advice on shows like “Mad Money” [...]

By: bob

bob — Tue, 17 Mar 2009 00:45:34 +0000

anybody stupid enough to listen to cramer deserves to lose their money. just like anybody stupid enough to vote for “change” deserves to get the shafting he/she’s going to get.

stop voting for mainstream two-party bought and paid for corporate lapdogs, stop watching morons on television. until you’re willing to do that, stop whining. you get what you deserve.

By: Szin

Szin — Tue, 17 Mar 2009 00:26:26 +0000

You’re a joke yo.

As if mcsame would have been better.

By: lloyd

lloyd — Mon, 16 Mar 2009 18:55:14 +0000

thankfully the legacy of reagan lives on! if we continue to install people in the government who don’t believe in its legitimate functions, we get agencies like the SEC which is dominated by industry hacks and provides no oversight or accountability.

but hey, government is the problem, not the solution.

By: yo

yo — Mon, 16 Mar 2009 18:53:52 +0000

And how much is it costing us to follow jon stewart’s advice and bow to dear leader?

About 3 trillion so far. And counting.

Boggles the mind that anyone would have voted for the usurper.

By: wild magnolia

wild magnolia — Mon, 16 Mar 2009 18:05:57 +0000

cramer’s show is entertainment. as frenetic as peewee’s playhouse but not nearly as funny. impugning cramer is like shooting fish in a barrel and about as relevant.