Fortunately, I'm the smartest guy in the world, so I don't have to read that which passes for intelligence in this blog.
Furthermore, like most savants, I possess 20/20 hindsight.
I'm investing in integrated oil companies in dribs and drabs. So, if oil goes up, I'll keep up with inflation (maybe). If it goes down, I won't get killed (important when you're retired!). Meanwhile, I'll collect my dividends until they, too, disappear into thin air.
Reminds me of Woody Allen's definition of an investment counselor: "someone who helps you to invest your money until it's all gone".
I don't buy Jim Cramer's recommendations, but I do buy into his philosophy of investing, which has served me rather well since I decided to listen to him more closely and ignore his shenanigans. Boo-yah, indeed!
Cramer's Lightning Round - HOGs Get Slaughtered (12/9/08) [View article]
Hey, Doctor Norm (ret.), how can you not love a 63 year old man who acts like a sub-teen ager? I watch Cramer's show on CNBC primarily for entertainment, since I seldom permit a teen ager to make my investment decisions. Besides, he never promised me a rose garden. Nevertheless, underneath all that horseplay lurks a compassionate soul, which is probably his saving grace.
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Furthermore, like most savants, I possess 20/20 hindsight.
I'm investing in integrated oil companies in dribs and drabs. So, if oil goes up, I'll keep up with inflation (maybe). If it goes down, I won't get killed (important when you're retired!). Meanwhile, I'll collect my dividends until they, too, disappear into thin air.
Reminds me of Woody Allen's definition of an investment counselor: "someone who helps you to invest your money until it's all gone".
Words of wisdom, those.
Barron's Takes Down Cramer, Again [View article]
Cramer's Lightning Round - HOGs Get Slaughtered (12/9/08) [View article]