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Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Jimmy (Chill) Cramer opinions?

Been following him 20 years and have always loved him being honest and telling the truth about what he sees in the market, especially the CEO's who were bad at their jobs, or even worse participating in illegal activities to inflate their stock price.

When he ran his hedge fund back in the day, I could absolutely see him being a type A person to work for, that most people hated and thought he was an a-hole, and probably cost him his 1st marriage.

Today, I see a man at piece with himself who is very happy with his life, financially secure (and then some), and enjoying the ride he's currently on.

Comments

  • PurpleThrobberPurpleThrobber Posts: 22,666
    Swaye's Wigwam 10,000 Awesomes 10,000 Up Votes 10000 Comments
    edited September 4
    Entertainer. Very entertaining. He's usually the first to break stuff that comes out from the White House later in the day. Kudlow obviously feeds him what's happening. Wouldn't consider him a top stock picker but he's clearly plugged in as a celebrity.

    I'd hang with him for some tequila shots.
  • In his trading and subsequent hedge fund days, Cramer got rich by breaking SEC rules and fomenting the market. He's a guy who wrote a book full of confessions of crimes and continued to confess to crimes in interviews and articles--bragging about them, even, for decades following his early trading days. After transitioning from trader to "entertainer" he was investigated for pumping up four stocks he called "shit" in private but owned huge positions in and then dumping them off on the unsuspecting public after they shot up in value. That's sort of his thing.

    That Jim Cramer can even legally exist is a weird perversion of the market and proof that there really are no rules for those who are connected. Stewart called him out on it after the bubble collapsed (Cramer pumped up Bear Stearns two days before their collapse, with his buddies holding massive naked short positions), and he caved like a bitch and confessed to the game right there on TV. Naturally, nobody cared.

    I was house-hunting during the 2007 bubble, smelled something fishy, and ended up obsessively researching the hell out of all of the market malfeasance that made the bubble possible. "Reporters" like Cramer, Bartiromo, Greenberg, etc. had a hand in magnifying the damage of that situation, and it was shocking to track their influence at the time.

    Fuck 'em all. They should be in jail. Cramer doesn't give a fuck about you. You're just the useful idiot he can use to help himself and his owners pump and dump stocks.
    whlinderHoustonHuskyGreenRiverGatorzWoof
  • FireCohenFireCohen Posts: 16,394
    10,000 Awesomes 10,000 Up Votes 10000 Comments 250 Answers

    In his trading and subsequent hedge fund days, Cramer got rich by breaking SEC rules and fomenting the market. He's a guy who wrote a book full of confessions of crimes and continued to confess to crimes in interviews and articles--bragging about them, even, for decades following his early trading days. After transitioning from trader to "entertainer" he was investigated for pumping up four stocks he called "shit" in private but owned huge positions in and then dumping them off on the unsuspecting public after they shot up in value. That's sort of his thing.

    That Jim Cramer can even legally exist is a weird perversion of the market and proof that there really are no rules for those who are connected. Stewart called him out on it after the bubble collapsed (Cramer pumped up Bear Stearns two days before their collapse, with his buddies holding massive naked short positions), and he caved like a bitch and confessed to the game right there on TV. Naturally, nobody cared.

    I was house-hunting during the 2007 bubble, smelled something fishy, and ended up obsessively researching the hell out of all of the market malfeasance that made the bubble possible. "Reporters" like Cramer, Bartiromo, Greenberg, etc. had a hand in magnifying the damage of that situation, and it was shocking to track their influence at the time.

    Fuck 'em all. They should be in jail. Cramer doesn't give a fuck about you. You're just the useful idiot he can use to help himself and his owners pump and dump stocks.

    If you go to Cramer for financial advice, I say you deserve to lose every fucking penny
    Baseman
  • FireCohen said:

    In his trading and subsequent hedge fund days, Cramer got rich by breaking SEC rules and fomenting the market. He's a guy who wrote a book full of confessions of crimes and continued to confess to crimes in interviews and articles--bragging about them, even, for decades following his early trading days. After transitioning from trader to "entertainer" he was investigated for pumping up four stocks he called "shit" in private but owned huge positions in and then dumping them off on the unsuspecting public after they shot up in value. That's sort of his thing.

    That Jim Cramer can even legally exist is a weird perversion of the market and proof that there really are no rules for those who are connected. Stewart called him out on it after the bubble collapsed (Cramer pumped up Bear Stearns two days before their collapse, with his buddies holding massive naked short positions), and he caved like a bitch and confessed to the game right there on TV. Naturally, nobody cared.

    I was house-hunting during the 2007 bubble, smelled something fishy, and ended up obsessively researching the hell out of all of the market malfeasance that made the bubble possible. "Reporters" like Cramer, Bartiromo, Greenberg, etc. had a hand in magnifying the damage of that situation, and it was shocking to track their influence at the time.

    Fuck 'em all. They should be in jail. Cramer doesn't give a fuck about you. You're just the useful idiot he can use to help himself and his owners pump and dump stocks.

    If you go to Cramer for financial advice, I say you deserve to lose every fucking penny
    "She was asking for it by dressing like that" POTD.
    GreenRiverGatorz

  • That Jim Cramer can even legally exist is a weird perversion of the market and proof that there really are no rules for those who are connected. Stewart called him out on it after the bubble collapsed (Cramer pumped up Bear Stearns two days before their collapse, with his buddies holding massive naked short positions), and he caved like a bitch and confessed to the game right there on TV. Naturally, nobody cared.

    Stewart's evisceration of Cramer should've been the nail in the coffin for his career. That was cheap chair folding at its finest. But having a useful squawker like Cramer spoonfeed audiences on a daily basis is obviously a useful tool for those with the means to whisper in his ear, so I suppose it makes sense that he came out of that relatively unscathed.
    dnc1to392831weretakenWoof
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