Jon Stewart vs. Jim Cramer

[OmahaChief]

No one forced any of the mindless sheep to invest in any of Kramer's recommeded stocks or funds. They chose to take his advice and make the move. There are plenty of Americans that took advice of friends or family they "thought" were well versed in the market. Those same people's investments tanked. Personally, I do not think Kramer has an repsonibility for their losses. It is too typical in American to want to blame our mistakes on somene else. Step up and just admit you should have never made that investment becuase outside of listening to a talking head you did no other reseach and now you are in the hurtlocker.

Bunch fo whining babies that want to complain about this crap. I listen to his show from time to time and any stock he recommends I research on my own and then make my decision on the combined info. It really is not that hard to read and understand the financial statements and see if there are problems with a company. There is plenty of info available if one wants to look.

[wutamess]

Originally Posted by OmahaChief

It really is not that hard to read and understand the financial statements and see if there are problems with a company. There is plenty of info available if one wants to look.

Isn't that what Cramer is to have done for you
I don't even watch the show I'm just speaking on the avg Joe Blow that might take his words as QFT.

[OmahaChief]

Originally Posted by wutamess

Isn't that what Cramer is to have done for you
I don't even watch the show I'm just speaking on the avg Joe Blow that might take his words as QFT.

He does look at that kind of info but if you ask 5 financial advisors to look at a company balance sheet you are apt to get at least 3 different opinions. I analyze financial statements for my company when a customer needs a large line of credit. I have learned that depending on a person’s risk profile the interpretation of the can be different. Out CFO many times has a slightly differing opinion than what I bring to the table. Both are equally valid we just have a different interpretation. Some people value net equity while another might value the P/E ratio or the if a company is paying dividends. What I am saying is that no one person will be right all the time and it could be in part due to their values or innate risk tolerance.

[wutamess]

Originally Posted by OmahaChief

He does look at that kind of info but if you ask 5 financial advisors to look at a company balance sheet you are apt to get at least 3 different opinions. I analyze financial statements for my company when a customer needs a large line of credit. I have learned that depending on a person’s risk profile the interpretation of the can be different. Out CFO many times has a slightly differing opinion than what I bring to the table. Both are equally valid we just have a different interpretation. Some people value net equity while another might value the P/E ratio or the if a company is paying dividends. What I am saying is that no one person will be right all the time and it could be in part due to their values or innate risk tolerance.

None can be expected to be right all the time but to take a CEO's interview as your primary research basis takes you out of the expert category. Especially considering the CEO knows the same thing you do on how to manipulate the market.

What CEO would get on there and say "we're going to stink it up this year?"

That's my point.

[eazyb81]

Originally Posted by wutamess

None can be expected to be right all the time but to take a CEO's interview as your primary research basis takes you out of the expert category. Especially considering the CEO knows the same thing you do on how to manipulate the market.

What CEO would get on there and say "we're going to stink it up this year?"

That's my point.

WTF are you talking about? What makes you think he or anyone else is just talking to a CEO to form their opinion on a stock?

If you think Cramer doesn't do stock research you are a fool. He routinely discusses revenues, profit forecasts, contracts, margins, competitors, etc. Discussions with mgmt are in addition to fundamental research, just like it is for people actually in the industry.

You obviously are just talking out of your ass at this point.

[wutamess]

Originally Posted by eazyb81

WTF are you talking about? What makes you think he or anyone else is just talking to a CEO to form their opinion on a stock?

If you think Cramer doesn't do stock research you are a fool. He routinely discusses revenues, profit forecasts, contracts, margins, competitors, etc. Discussions with mgmt are in addition to fundamental research, just like it is for people actually in the industry.

You obviously are just talking out of your ass at this point.

I didn't say he doesn't do DD. Just apparently not enough of it. Letting his emotions get in the way.

Furthermore, are you ing Cramer (NTTAWWT)? Why are you defending him so blindly when the man has footage of him basically admitting he fudged HIS Followers and how he's done it in the past?

[eazyb81]

Originally Posted by wutamess

I didn't say he doesn't do DD. Just apparently not enough of it. Letting his emotions get in the way.

If you admit he does "DD" (i'm not convinced you even know what that is), then why do you continue to say he just talks to CEOs?

This was your last brilliant quote:

None can be expected to be right all the time but to take a CEO's interview as your primary research basis takes you out of the expert category. Especially considering the CEO knows the same thing you do on how to manipulate the market.

What CEO would get on there and say "we're going to stink it up this year?"

So know he DOES do fundamental research on companies? But he doesn't do "enough" because he still gets calls wrong on occasion? Interesting.

Furthermore, are you ing Cramer (NTTAWWT)?

Great comeback. Maybe next you'll say my mom smells or something.

Why are you defending him so blindly when the man has footage of him basically admitting he fudged HIS Followers and how he's done it in the past?

I'll defend anyone if they are getting undeservedly bashed. Cramer has a stock opinion show, and he gets some calls right and some calls wrong, just like every single person in the world.

Blaming him for anything in this mess - and comparing him to Madoff - is absolutely hilarious and backs up the point OmahaChief made about people in this country always looking for someone to blame.