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:
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.Quote from makloda:
Fact is: The guy was homeless in the 70s
While attending an Ivy League 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.
Thanks for saving me the trouble, coach.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...

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 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.
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 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.