Lord... Marvel and Gamestop for long term? This is just as speculative as Cramer... Besides, Cramer recommends many conservative stocks just as well.
Long term investing isn't as low risk as people like him make it out to be. I don't understand how he can praise Jon Stewart when Jon was making a point about the viability of long term investing. In less than one hundred years we had numerous crashes and long term bear markets. If people talk about 10-20 year time horizon, that is about 10 to 5 periods in a century. Out of those periods, how many were long term bull markets other than the 80s and 90s? Not very many. Also, 10 periods is too small a sample to statistically prove anything. Short term trading has a mathematical edge by virtue of a very large statistical sample. Being a successful long term investor still requires market timing; it's just longer term. Yet people like him would denounce market timing as risky gambling.
