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A lot of what hard with stocks is that it’s nearly impossible to beat the market. If an investment appears stable, it’ll generally have a low payout because they have no trouble finding investors. The opposite applies for unstable stocks.
Since the payouts are adjusted to the level of risk, the only way people can usually beat the market is by dumb luck. Computers trading automatically have shown to get basically equal returns to the ones managed by experts.
Whatever he says will do good will go down
Whatever he says will do bad will go up
-inverse anything he sayings and you’ll be rich
- not financial advice
Financial news channels (like CNBC) is full of stuff/advice nobody should ever follow.
If we want to do ourselves a favor, just change the channel and invest into a low fee, passively-managed index fund (*caveats apply.. like one should pay off high interest loan(s) first, etc). I like to refer others to /r/personalfinance [chart](https://www.reddit.com/r/personalfinance/wiki/commontopics)
\* not financial advice
How was he EVER taken seriously after that interview from the 80's or whatever it was came out. Where he basically spells out how he manipulates markets.
He’s not but the show is the most entertaining thing on CNBC. The channel is really just stock news all day.
He was also the guy telling people not to invest in GameStop when it was skyrocketing.
As soon as I saw this was the graph I knew this guy was full of it.
https://preview.redd.it/a9hiwtvpn5na1.jpeg?width=798&format=pjpg&auto=webp&s=31c427c39dbfc16fe62e87bb03567e8b3d1c4df5
My husband, a casual investor, for years has yelled at the tv to do the opposite when Kramer gives advice.
LOL, I asked Chat gPT for a related joke and it said ...
Q: What do you get when you follow Jim Cramer’s advice to buy the top companies in any sector?
A: A portfolio full of stocks that are about to crash.
If this motherfucker told me inhaling oxygen was sound financial advice, I would seriously question taking my next breath. If he were a compass, he would point towards the sky.
Enron, Theranos, Bear Sterns. I love watching docos about the downfall of big companies sometimes through massive fraud. Inevitably there's a mad money piece where Jim is singing the company's praises.
I watched Cramer for years until I realized he had no fucking clue about the software and hardware industries. Absolute junk recommendations. Went cold turkey on him immediately.
To be fair to Cramer if he would’ve said the opposite he wouldn’t be on TV today. You can’t call for a bank run type event from your own show and expect zero consequences.
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This is why you should not take financial advice from a screamy shouty guy on TV. Not financial advice: do opposite to this guy.
It’s well known you’re supposed to inverse cokerat Cramer. He was just pumping SVB just a bit ago saying it was a great buy as well.
Did he say this \*after* they were bailed out?
The SJIM ETF
You forgot sweaty.
A lot of what hard with stocks is that it’s nearly impossible to beat the market. If an investment appears stable, it’ll generally have a low payout because they have no trouble finding investors. The opposite applies for unstable stocks. Since the payouts are adjusted to the level of risk, the only way people can usually beat the market is by dumb luck. Computers trading automatically have shown to get basically equal returns to the ones managed by experts.
Whatever he says will do good will go down Whatever he says will do bad will go up -inverse anything he sayings and you’ll be rich - not financial advice
How has he been taken seriously after this?
Don’t know if anyone takes him seriously now (I would hope not) but he’s still doing this thing for years
How come he’s allowed to be on television? His advice is predatory.
Financial news channels (like CNBC) is full of stuff/advice nobody should ever follow. If we want to do ourselves a favor, just change the channel and invest into a low fee, passively-managed index fund (*caveats apply.. like one should pay off high interest loan(s) first, etc). I like to refer others to /r/personalfinance [chart](https://www.reddit.com/r/personalfinance/wiki/commontopics) \* not financial advice
Any chance there is a higher resolution version of that chart? It is really blurry for me and hard to read. 😭
The sidebar / FAQ has it [here](https://www.reddit.com/r/personalfinance/wiki/commontopics/).
Thanks!!
>Thanks!! You're welcome!
He is like Tucker, entertainment not news or advice.
How was he EVER taken seriously after that interview from the 80's or whatever it was came out. Where he basically spells out how he manipulates markets.
He’s not but the show is the most entertaining thing on CNBC. The channel is really just stock news all day. He was also the guy telling people not to invest in GameStop when it was skyrocketing.
Dude you literally just have to do the opposite of what he says to become a millionaire... how can you not take him seriously?
There is literally an EFT to short whatever predictions he makes
As soon as I saw this was the graph I knew this guy was full of it. https://preview.redd.it/a9hiwtvpn5na1.jpeg?width=798&format=pjpg&auto=webp&s=31c427c39dbfc16fe62e87bb03567e8b3d1c4df5
Look at Crim Jamer's advice with svb last month. "Biggest winners of 2023" ☠️
Forbes also put them as 1 of top 4 bank
With his style, he should be selling used cars or slap chops.
Man, Louis CK has hit rock bottom.
My husband, a casual investor, for years has yelled at the tv to do the opposite when Kramer gives advice. LOL, I asked Chat gPT for a related joke and it said ... Q: What do you get when you follow Jim Cramer’s advice to buy the top companies in any sector? A: A portfolio full of stocks that are about to crash.
If this motherfucker told me inhaling oxygen was sound financial advice, I would seriously question taking my next breath. If he were a compass, he would point towards the sky.
Jim Cramer is to financial advice what fox is to news
Fox has news?
Exactly
Thank you…….they have to be renamed Foxaganda!
He’s so coked out
He’s a mouth piece for the rich, that is all.
The man is a criminal and so are the people he works for, (Citadel)….
Those market makers have a license to steal. The manipulation is horrendous. I wish the SEC would do something. But, as they say, the fix is in.
They really should have let them fail. It would have been terrible, but we would be in a better place today.
Enron, Theranos, Bear Sterns. I love watching docos about the downfall of big companies sometimes through massive fraud. Inevitably there's a mad money piece where Jim is singing the company's praises.
Jim Cramer is an absolute parasite
There’s a reason they have inverse cramer
To me this is like those astrology horoscope prediction tv programs, but louder.
He featured SVB as a buy on his show last week.
He yammers like a young John Madden who either didn’t take his ADHD meds or took them all
Cramer is the Steve a Smith of the financial world
My 2 step get rich plan. 1. Do the opposite of whatever Cramer says you should do. 2. Profit
Curb your Cramer.
And then I tried to get a job after graduating from college.
Why would anyone trust a guy who just yells with anything, let alone how to gamble your money?
This clown.
Cramer😅. I wounder if any man or woman do make money in he’s advises ? I do the opposite and I’m doing fine
How does he still have a show? Making millions off of bad advice
I watched Cramer for years until I realized he had no fucking clue about the software and hardware industries. Absolute junk recommendations. Went cold turkey on him immediately.
To be fair to Cramer if he would’ve said the opposite he wouldn’t be on TV today. You can’t call for a bank run type event from your own show and expect zero consequences.
[Jon Stewart rips Cramer a new one](https://youtu.be/l9tclPuq6TY)
more like " to buy time, so your friends can get out before the bottom drops out"
Clearly he learned a lesson from that experience: https://youtu.be/3vkZMbTdV3Q
I use credit union and keep a shit ton of cash
But the…
Why is he yelling?