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Full Version: Jim Cramer Hospitalized
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https://twitter.com/jasondotgov/status/1...3445966850

oops!


(Oh, and for Former Vice president Blinden: China Virus)
That guys always looks like a walking heart attack.
Doesn't surprise me and I'm surprised more of his ilk don't have issues once they rise in age.
Ok which one of you Hedge Fund F'ers shorted Cramer?
He's a complete joke. He's just on to push certain stocks and make it look like analysis. However that's most of the of the CNBC talking heads. Mark Haynes was the only one worth a damn. Most are either eye candy babes or bloated egos pushing the network's agenda.
I never follow Cramer's advice...the few things I bought from his advice tanked.
(01-29-2021 12:58 PM)JRsec Wrote: [ -> ]He's a complete joke. He's just on to push certain stocks and make it look like analysis. However that's most of the of the CNBC talking heads. Mark Haynes was the only one worth a damn. Most are either eye candy babes or bloated egos pushing the network's agenda.



https://twitter.com/BarbaraKimmel/status/1544407495

RES IPSA LOQUITUR (THE THING SPEAKS FOR ITSELF)
(01-29-2021 01:39 PM)green Wrote: [ -> ]
(01-29-2021 12:58 PM)JRsec Wrote: [ -> ]He's a complete joke. He's just on to push certain stocks and make it look like analysis. However that's most of the of the CNBC talking heads. Mark Haynes was the only one worth a damn. Most are either eye candy babes or bloated egos pushing the network's agenda.



https://twitter.com/BarbaraKimmel/status/1544407495

RES IPSA LOQUITUR (THE THING SPEAKS FOR ITSELF)

I have dealt with many Ivy grads and just like with all schools the top 5% are very impressive and the other 95% not so much. Average and poor is roughly the same as average and rich when it comes to raw ability. When it comes to opportunities it's a whole other ball game. Ivies serve an important function to the wealthy. It increases the chances that their wealth will marry other wealth and it isolates their kids from the middle class and poor. And while the Ivies give scholarships to the best and brightest everywhere those kids, if poor, become the best possible test cases for the children of the wealthy to interact with in a setting totally controlled by the powerful and it makes them feel as though they had an inclusive education.

None of it means Cramer had actual stock picking abilities. He had theories which largely ignored demographic shifts and looked backwards to trends to predict. This is the single most important distinction between the super wealthy and everyone else. The super wealthy are always looking at demographic shifts and trying to figure out how to get ahead of them while the brokerage firms used pooled money from the middle class and focus on yesterdays' trends, which is a kind of handicapping. It's not without some merit, but neither is it highly productive.

Give me a Harvard Law grad picking stocks and making himself a clownish figure for entertainment, and place him with a cadre of CNBC people who have certain stocks and economic perspectives to push, like Steve Liesman (appropriate last name) and you make Joe Blow on the street feel informed.

A true Harvard Economist worth a damn would be working for a very wealthy family and never be seen acting the fool on national TV. Just saying!
Quote:Cramer (born February 10, 1955) is an American television personality and host of Mad Money on CNBC. He is a former hedge fund manager as well as an author and a co-founder of TheStreet.

In 1977, Cramer graduated magna *** laude from Harvard College with a Bachelor of Arts in government. While at Harvard, Cramer was the President and Editor-in-Chief of The Harvard Crimson.

In 1984, Cramer received a Juris Doctor degree from Harvard Law School. Cramer started investing in the stock market while he attended law school. He made enough from trading to cover tuition. Cramer began promoting his holdings by leaving stock picks on his answering machine. While at Harvard, alumnus Michael Kinsley introduced him to The New Republic owner Martin Peretz, who contacted Cramer to write a book review. After first profiting from the stock picks he heard on Cramer's answering machine, Peretz gave Cramer $500,000 to invest. In two years, Cramer made $150,000 for Peretz. During his years at Harvard Law School, Cramer worked as a research assistant for Alan Dershowitz.

In 1984, Cramer became a stockbroker at Goldman Sachs, where he worked on sales and trading.

In 1987, Cramer left Goldman Sachs and started a hedge fund, Cramer & Co.

In 2001, Cramer retired from managing the hedge fund.

Cramer was a frequent guest commentator on CNBC in the late 1990s.

From 2002 to 2005, Cramer co-hosted Kudlow & Cramer (first called America Now) with Larry Kudlow.

Mad Money with Jim Cramer first aired on CNBC in 2005.

SOME PEOPLE WAIT A LIFETIME
(01-29-2021 02:36 PM)green Wrote: [ -> ]
Quote:Cramer (born February 10, 1955) is an American television personality and host of Mad Money on CNBC. He is a former hedge fund manager as well as an author and a co-founder of TheStreet.

In 1977, Cramer graduated magna *** laude from Harvard College with a Bachelor of Arts in government. While at Harvard, Cramer was the President and Editor-in-Chief of The Harvard Crimson.

In 1984, Cramer received a Juris Doctor degree from Harvard Law School. Cramer started investing in the stock market while he attended law school. He made enough from trading to cover tuition. Cramer began promoting his holdings by leaving stock picks on his answering machine. While at Harvard, alumnus Michael Kinsley introduced him to The New Republic owner Martin Peretz, who contacted Cramer to write a book review. After first profiting from the stock picks he heard on Cramer's answering machine, Peretz gave Cramer $500,000 to invest. In two years, Cramer made $150,000 for Peretz. During his years at Harvard Law School, Cramer worked as a research assistant for Alan Dershowitz.

In 1984, Cramer became a stockbroker at Goldman Sachs, where he worked on sales and trading.

In 1987, Cramer left Goldman Sachs and started a hedge fund, Cramer & Co.

In 2001, Cramer retired from managing the hedge fund.

Cramer was a frequent guest commentator on CNBC in the late 1990s.

From 2002 to 2005, Cramer co-hosted Kudlow & Cramer (first called America Now) with Larry Kudlow.

Mad Money with Jim Cramer first aired on CNBC in 2005.

SOME PEOPLE WAIT A LIFETIME

So you are telling me that he accumulated a lot of impressive paper and ended up working long hours for a daily show on CNBC.

I give him kudos for starting and running his own firm for 14 years. But I stand by what I've said about stock pickers and hedge fund managers. He was smart enough to figure out how to earn % points on everyone else's money. But I've yet to see an investment company or hedge fund that actually exponentially increased anyone's revenue. At best they are designed to be lower risk and might earn a couple of points more than the going Treasury rates. Most people I know who were in them lost their shorts in the Flash Crash, and were absolutely leveled in 2006-8 when 40% of value was lost.

I actually made money in '88 and only lost 5% in 2006-8, but that's no brag that money was still lost. In '80 I made enough in silver to pay off my students loans thanks to the Hunt brothers.

Watch what the young people buy the most of when they starting families, check those companies for innovations that have succeeded other than the product that is currently popular. If you have a new company that has more than a one hit wonder and is innovative they are probably worth the risk as they will either be more likely to hit again and build reputation, or be bought out by a larger entity who is afraid of them. Either way you make money. Keep 25% of your investments in commodities because they usually double or triple in time of trouble. And watch geo political trends to see what's coming. Mass migrations of people precede every World or Global or major regional war. We've been watching mass migrations for two decades now. Something is going to give. You want to be in metals, other commodities, war materials, and cash (but only if you are convinced your side wins) when war breaks out. Virtually all wars break out over raw materials. This is why China and N. Korea are so concerning.
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