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CashBackAtEbay (November 30, 1999 at 12:00 am)
Fact: It takes more licensing and education to be a massage therapist than it does to be a financial planner. A financial planner is a salesperson who wants to diversify (sell you more stuff). Forget what anyone taught you about diversification.
Fact: Warren Buffet does not diversify. He's been a long time investor in Wells Fargo, for example. Many recruiters try to sway Wells Fargo executives to defect, but guess what? They know a solvent company when they see one and NEVER want to leave.
CashBackAtEbay (November 30, 1999 at 12:00 am)
Don't listen to Cramer or any broker because GUESS WHAT? They are BROKER than you.
ddubrul (November 30, 1999 at 12:00 am)
If you watch cramer for anything but entertainment you deserve to lose your money.
ShawnGBR (November 30, 1999 at 12:00 am)
Absolutely top video... you should add an annotation link to the video where Cramer telling a letter writer not to pull out of Bear Sterns. Just before it tanked, and all the indications were there for all to see.
I guess Jim just wasn't thinking about it that much.
microview2222 (November 30, 1999 at 12:00 am)
Hey stop mocking Jim Cramer. He does a great job!
Our major brokerage firm laughs at Jim Cramer all the time. He really is an "entertainer." He does a good stand up routine. No one really takes his advice........do they?
donharrold (November 30, 1999 at 12:00 am)
XPANDERGT - What a load of bullshit. CNBC promotes Jim Cramer as a man with "Billion Dollar Advice". A man with "2000 stocks in his head" that he knows "exactly what to do with". His audience - by his OWN admission - is this new "Cramerica": People JUST STARTING OUT, or "home gamers", and, "amateurs". This defense of Jim Cramer that is it somehow the VIEWER'S fault for taking his advice only speaks to the reality that his advice sucks. If not, we would not even be in this discussion.
xpandergt (November 30, 1999 at 12:00 am)
At some point, the investor has to do HIS OR HER OWN HOMEWORK!!!If people are pissed at Jim Crammer, because they lost money, who's really to blame? If you invested stocks in companies because a person says to do it, when exactly do the person shoulders the blame for actually listening to Crammer in the first place? True investors do their own homework and take what other people say with a grain of salt. So instead of pointing the finger at crammer, point it back at yourselves for listening.
donharrold (November 30, 1999 at 12:00 am)
JEFFREYVS13 - Now, I may be a "retard", but, you are either blind, unable read, or, stupid. I did NOT claim that all of those companies were out of business. The text on the screen reads, "Almost all of those companies..." And, even with the few companies up "from their bottoms" you would still either be nearly bankrupt based on Jim's advice on the basket of those stocks.
jeffreyvs13 (November 30, 1999 at 12:00 am)
This guy has as much credibility as Jim Cramer, because the screen claimed that all of these companies were out of business now. Actually, Verisign (VRSN) is up 10-fold from it's bottom, and Ariba (ARBA) and Infospace (INSP) are not doing well but they are definitely not out of business. Do some homework retard before attacking others for their lack of research.
gboy1441 (November 30, 1999 at 12:00 am)
you have my complete supprt. i havent watched CNBC in 3 months. this is even more irresponsible than 2000, but keep in mind don harold, there are forces in this market, such as funds and our government, that have as of late 'rigged' it, at least until the election perhaps.
FSLR = 150 p/e. among others. |
