03-13-2009, 11:01 AM
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#5 (permalink)
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A True Z Fanatic
Join Date: Feb 2009
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Quote:
Originally Posted by frost
^ He is quite smart on the market, but he also runs a goofball, shtick show; and I can't think one of person who actually takes it too seriously. If the answer to the question "where do you get your financial advice" is "I get it from the guy who who screams all the time and has all the buzzers and sound effects" ... you should maybe reconsider your strategy.  |
To make money on the market you must to be connected on the inside, period; if not, you are at the mercy of others. It has to be the biggest oxymoron in the financial world throughout history as there has been no regulation that can successfully break this system based on ethics. Unfortunately, that game has ended, as the average investor would rather put their money under their mattress. Cramer has admitted to manipulating the market to his advantage, but to do so requires about $10M plus.
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