Cramer Bashing: Enough Already
The Financial Times is just the latest of mainstream media to take issue with the prognostications of Jim Cramer.
Here is my reply to all of the criticism:
The way to get value from Cramer is in how you use the information he presents. FORGET his individual stock picks. He sucks, but in his defense, if any of us had to pick 25 stocks a day, we’d suck equally or worse. DO pay attention to his commentary about how the market works… there are very few who understand it better and are also willing to share so openly. And like any other advice presented to you, understand the difference between taking advice ( I take all the advice I can get) and listening to advice (ask anyone who knows me… I very rarely listen).
At the end of the day, it’s your life and your money. Own it and keep your own counsel.
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