Jim Cramer's Unnecessary Beating Over Sirius [View article]
The fact that Jim Cramer has become a one-man force in finance journalism is due in larger part to his hyper-inflated image as a straight-shooting pundit in a tricked-out TV game show format than by any convincing authority he has to know all things financial. He repeatedly does 180s on stocks (his flip-flops on Intel would make your head spin) and in spite of his attempts to shed his past, he retains a hedge fund day-trader's mentality that is often as behind the curve as it is ahead of it. His hucksterism may draw big audiences, but taking serious financial advice from a clown on TV should speak for itself. Why do you think they call it the "boob tube"?
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The fact that Jim Cramer has become a one-man force in finance journalism is due in larger part to his hyper-inflated image as a straight-shooting pundit in a tricked-out TV game show format than by any convincing authority he has to know all things financial. He repeatedly does 180s on stocks (his flip-flops on Intel would make your head spin) and in spite of his attempts to shed his past, he retains a hedge fund day-trader's mentality that is often as behind the curve as it is ahead of it. His hucksterism may draw big audiences, but taking serious financial advice from a clown on TV should speak for itself. Why do you think they call it the "boob tube"?
Aug 20 10:51 am
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