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Thread: Motley Fool rundown on Vegas

  1. #11


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    Cramer is a clown.

  2. #12


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    Quote Originally Posted by Overkill View Post
    Can any of you finance experts comment on Jim Cramer's competence at recommending stocks? I realize he has had some controversy in his past, but is he worth listening to? He apparently has to wait 5 days before acting on recommendations he gives on his show I believe, and on his website is a disclaimer about his Disney and Mastercard charitable trust(s).
    He's ordinary. But so is everyone. I know of no one who is worth listening to. Everyone has an opinion. Eventually, everyone is right and everyone is wrong. Read the research for the the coming year. All over the map, from double-digit returns to modest returns, to the next market disaster. When you make your living hearing yourself talk, that's what you do--you talk.

    Don

  3. #13


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    Cramer is a national treasure.

  4. #14
    Senior Member MJGolf's Avatar
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    Unless you chart the market and pay very, very close attention, just invest in market index funds and cost average. I don't know how many funds I have had for different reasons but I can tell you that overall, none of them beat the market (through an ETF) in the long run. Recommend index ETF's because you can buy and sell them like stocks. Mutual funds you have to wait until they get their "asset value" at end of day to sell or buy. And their fees really do eat into the returns over the long run. But I'm an investor v. a trader and that is just one mindset to the market.
    "Women and cats will do as they please, and Men and dogs should just relax and get used to the idea" --- Robert A. Heinlein

  5. #15
    Senior Member Tarzan's Avatar
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    Quote Originally Posted by BJGenius007 View Post
    Cramer is a national treasure.
    I've seen about 15 min. of Cramer rattling on once or twice, and wasn't all that impressed. He seems like a guy that chugs 10 cups of expresso, and from there says things like, "I like Chipolte, do you like Chipolte?" in an excited voice, like that really means or defines something, and jumps to the next thing. Independent research that avoids "stock tips" is the way to go, I think.

  6. #16


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    Quote Originally Posted by Tarzan View Post
    I've seen about 15 min. of Cramer rattling on once or twice, and wasn't all that impressed. He seems like a guy that chugs 10 cups of expresso, and from there says things like, "I like Chipolte, do you like Chipolte?" in an excited voice, like that really means or defines something, and jumps to the next thing. Independent research that avoids "stock tips" is the way to go, I think.
    Harvard educated and stock broker at Goldman Sachs. Most importantly, he has The Fed's ears and often becomes their mouth. I see no harm for average investors watching his show. And in the past, if you do what The Fed want you to do, you can make more money than people against The Fed.

  7. #17
    Random number herder Norm's Avatar
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    We don't eat dinner until his show is over as she likes to watch him. But, it's more entertainment. He follows a huge number of stocks and has a ton of facts at his fingertips. But, I wouldn't trust any of his picks and find him boring. Knowledge of the past doesn't always translate to the future. Like everything else, what's past is prologue requires context.
    "Croyez ceux qui cherchent la vérité, doutez de ceux qui la trouvent." --André Gide

  8. #18


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    Quote Originally Posted by BJGenius007 View Post
    Harvard educated and stock broker at Goldman Sachs. Most importantly, he has The Fed's ears and often becomes their mouth. I see no harm for average investors watching his show. And in the past, if you do what The Fed want you to do, you can make more money than people against The Fed.
    Marty Zweig: "Don't fight the Fed."

    Don

  9. #19


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    Quote Originally Posted by MJGolf View Post
    And their fees really do eat into the returns over the long run.
    In case you're not aware, Fidelity S&P 500 Index fund and several others, have ZERO fees. See here:

    https://www.fidelity.com/mutual-fund...B&gclsrc=aw.ds

    Don

  10. #20
    Senior Member drunk's Avatar
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    ......................




    on another forum I was somewhat shocked to learn about the Fidelity Fund FDGRX - (Fidelity Growth Company)

    it's made 67.51% year to date -

    it's crushed Vanguard's legendary S&P 500 (VFINX) index fund for both a 5 year and 10 year period and absolutely demolished it for the last 3 year period

    I figured it had a high beta and it would lose more in down years - but it only lost a little more than VFINX in 2018 and 2008

    when I found out about it my FOMO (fear of missing out) started kicking in

    I haven't switched yet but I'm starting to sweat - I don't feel good at all








    FDGRX 35.15 0.27 0.77% : Fidelity Growth Company - Yahoo Finance








    also, these 2 articles, one from 2016 and one from 2018, state that Cramer's stock picks have underperformed the market as a whole






    Jim Cramer vs. S&P 500: Chasing 'Mad Money' (ifa.com)

    Jim Cramer doesn’t beat the market - MarketWatch
    Last edited by drunk; 02-25-2021 at 11:32 AM.
    believe half of what you see...........and none of what you hear..............Edgar Allan Poe

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