he is an egomaniac. he would do the tv for free just to get his mug on tv.
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Cramer ripped by CNBC guest
- Thread starter r-in
- Start date
Quote from makloda:
Cramer has a networth of tens of millions. Wtf is this idiot still doing on TV earning an "income" with CNBC and his ridiculous little garbage company TSCM?
He should have retired in 2000 not only from his hedge fund but from everything. Instead he turned into a media whore that wants to be loved and admired by everyone but fails miserably. I think psychology calls this "bald head and small dick syndrome". He's trying to compensate.
He definitely needs to be loved, and that's his undoing.
I don't think any other TV personality, and let's face it, that's what Cramer is at this juncture, needs to be loved like Cramer does. He's one of the most insecure people I've ever seen.
Even when he appeared on the Daily Show, he was sheepish and almost apologetic, to someone who had lashed him viciously for weeks and was even doing so while he was there, live.
He needs therapy and medication.
Quote from makloda:
Cramer has a networth of tens of millions. Wtf is this idiot still doing on TV earning an "income" with CNBC and his ridiculous little garbage company TSCM?
He should have retired in 2000 not only from his hedge fund but from everything. Instead he turned into a media whore that wants to be loved and admired by everyone but fails miserably. I think psychology calls this "bald head and small dick syndrome". He's trying to compensate.
Are you serious?! HOW MANY TIMES HAVE YOU DEFENDED HIM?
makloda
Registered: Mar 2006
Posts: 5474
09-07-08 06:00 AM
Quote from GSH1976:Who gives a damn about the size of his bank account.
I do. It's the score we use to measure success in the business world. Cramer, by all means, went from a zero to a multi-millionaire (without going to jail). Beat that.
makloda
Registered: Mar 2006
Posts: 5474
08-20-08 10:14 AM
Quote from crgarcia:
Jim Cramer had one.
And he -like most daytraders- ended up blowing up accounts.
Wrong. Check your info. Cramer never blew up with his fund. He had a steep drawdown of something like 35% and redemptions coming in left and right in Sept/Oct 1998. Allegedly, his fund recovered by early 1999.
Quote from stereo70:
Quote from makloda:
Fact is: The guy was homeless in the 70s
While attending an Ivy League school
OMG this BS of half-truth and misinformation will never end. He was homeless for 9 months AFTER college while working as a piss-poor journalist, years before attending Harvard law school.
- "He had connections from his ivy league school"
- "He had insider information"
- "He got tipped off with upgrades"
- "He's buddy with Spitzer"
- "If I had his connections I'd also be a millionaire"
- "Cramer can't tade"
- "His hedge fund blew up in 2000"
etc. etc. BLA BLA BLA
I don't like Cramer, and yes he's probably an egomanic, self-loving lunatic. But cold hard cash can't be denied. Don't try to find excuses for why he has $50m in the bank and you don't.
makloda
Registered: Mar 2006
Posts: 5474
12-21-07 10:40 AM
Quote from optioncoach:
I have met many rich assholes and many poor saints so if you want to defend Cramer you need to come up with something better than comparing bank accounts because money is not the measure of a person.
I don't measure Cramer as a human being against his critics in this thread. I just humbly ask for people to measure their own success in the business against Cramer's before ripping into him.
makloda
Registered: Mar 2006
Posts: 5474
12-21-07 02:43 AM
I feel sorry for Cramer. The guy was homeless in the 70s, worked his ass off, eventually through discipline and persistence made it in the money game and retired at age 45 with $50 million in net worth.
And now has have not's dissing him. Very sad.
You're just as nuts as he is
I'm defending him against broke ET morons who simply say "Cramer can't trade, I'm so much better". Cramer has 50 million in the bank, they don't.Quote from athlonmank8:
Are you serious?! HOW MANY TIMES HAVE YOU DEFENDED HIM?
I still wonder though why he's doing the TV gig, wake up at 6am write for his TSCM site, drive to CNBC studio every day, blue-collar workload style. Why does he need the media attention? I think the above posters got it right. He must have some mental issue. Any sane human being would have retired for good and enjoyed the family and money.
He would have added a healthy 10 years to his life, too. This guy is a walking heart attack.
Quote from makloda:
Cramer has 50 million in the bank, they don't.
That's what Cramer claims. You're obviously stupid enough to believe whatever comes out of his mouth, regardless of the fact that he is a pathological liar.
The guy was a journalist who then went to law school but never took the BAR. He did not even know what he wanted to do with his life.
It does not take a genius to figure out that he is connected, because Goldman Sachs would not hire someone like that into their Sales & Trading department as a broker, especially back in the mid 1980s. The only reason they would, if the individual comes from a certain background & social circle with established relationships.
One of his first & primary investors was Elliot Spitzer, who comes from a very wealthy & powerful family. His primary strategy in his fund was to get info from Goldman on what institution was buying up what stock and simply front run them. He was stupid enough to describe this in his own book, of course most of the readers are too stupid to figure out that this is illegal.
Connect the dots. You're admiring some sociopath with an obvious mental disorder and potential ADD that just happened to come from a privileged background. The fact that this piece of crap has any wealth and is TV is a disgrace. No wonder this nation & most of the rest of the world is going down the toilet.
His connection was Martin Peretz
Quote from Anaconda:
That's what Cramer claims. You're obviously stupid enough to believe whatever comes out of his mouth, regardless of the fact that he is a pathological liar.
The guy was a journalist who then went to law school but never took the BAR. He did not even know what he wanted to do with his life.
It does not take a genius to figure out that he is connected, because Goldman Sachs would not hire someone like that into their Sales & Trading department as a broker, especially back in the mid 1980s. The only reason they would, if the individual comes from a certain background & social circle with established relationships.
One of his first & primary investors was Elliot Spitzer, who comes from a very wealthy & powerful family. His primary strategy in his fund was to get info from Goldman on what institution was buying up what stock and simply front run them. He was stupid enough to describe this in his own book, of course most of the readers are too stupid to figure out that this is illegal.
Connect the dots. You're admiring some sociopath with an obvious mental disorder and potential ADD that just happened to come from a privileged background. The fact that this piece of crap has any wealth and is TV is a disgrace. No wonder this nation & most of the rest of the world is going down the toilet.
Quote from ByLoSellHi:
He definitely needs to be loved, and that's his undoing.
I don't think any other TV personality, and let's face it, that's what Cramer is at this juncture, needs to be loved like Cramer does. He's one of the most insecure people I've ever seen.
Even when he appeared on the Daily Show, he was sheepish and almost apologetic, to someone who had lashed him viciously for weeks and was even doing so while he was there, live.
He needs therapy and medication.
do you have the video of that daily show you're talking about?
http://www.cnbc.com/id/15840232?video=1096430497&play=1
Mr. Solin didn't impress me very much overall except for why a Roth IRA (which his answer was cut off) is better (IMHO) than a 401k exactly because we don't know what the tax situation will be in 20-30 years (when I am nearer retirement age). But it seems pretty reasonable to assume tax rates will go up over time, especially the way Nobama is spending, unfortunately.
But I would agree that the mutual fund industry in general is pretty worthless and doesn't provide much value for their fees. But I haven't seen viable alternatives for most who have no clue about the markets.
Typical Cramer. Nobody said much of value in the piece and accomplished nothing but chest banging IMHO.
BM
Mr. Solin didn't impress me very much overall except for why a Roth IRA (which his answer was cut off) is better (IMHO) than a 401k exactly because we don't know what the tax situation will be in 20-30 years (when I am nearer retirement age). But it seems pretty reasonable to assume tax rates will go up over time, especially the way Nobama is spending, unfortunately.
But I would agree that the mutual fund industry in general is pretty worthless and doesn't provide much value for their fees. But I haven't seen viable alternatives for most who have no clue about the markets.
Typical Cramer. Nobody said much of value in the piece and accomplished nothing but chest banging IMHO.
BM
I quit watching CNBC about 4 weeks ago for the exact reasons on that video. These people are idiots. Watching and listening to this kind of crap is a waste for anyone who thinks they can gain some kind of edge by having it on during the day. Do yourself a favor and find some other background noise while trading.