Ohhhh Jim Cramer!!! Not another blowup!!! Again???

Quote from makloda:


Fact is: The guy was homeless in the 70s


While attending an Ivy League school


and then made money and got out at the top.

After getting a job @ Goldman, partly due to his Ivy League education


He retired at 45

After his front-running, Goldman 'edge' disappeared


The guy is smart...but no hero to worship
 
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.
 
Quote from optioncoach:

I doubt the fact that simply because one has money they are free from criticism or suddenly should be treated as though they are God...

...Are you measuring people based on their bank accounts such that many who have less than $1 million in their bank accounts are beneath Cramer and should not even talk?

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...
Thanks for saving me the trouble, coach.
:)
 
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.
 
Quote from makloda:

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.
Hitler was rich too.. do we compare unfavourably with him?

Grow up
 
Quote from makloda:

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.
Do you know if there is any truth to the notion that he traded on insider information? Is this a valid claim? (Because if it is and it makes no difference to you, then I suppose you also hold guys like Ivan Boesky in high regard.)
 
Quote from Terry Hesticles:
Hitler was rich too.. do we compare unfavourably with him?

Grow up
Here we go.. Hitler.. And *I* have to grow up? Christ...

BTW: Next time use your real account, not your fake nick!
 
He was homeless for 9 months AFTER college while working as a piss-poor journalist, ."

he has said on his tv show he was homeless for 3 weeks in san diego-living in his car.Thats not being homeless-especially in california.That is called car camping.Been there ,done that.
That happens often between apartment leases!
 
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