Jim Cramer and CIT Group

November 3, 2009

If you ever get the urge to follow one of Cramer’s stock recommendations, read this article first and then go back to what you were doing before you watched Mad Money!

{ 2 comments… read them below or add one }

Ace November 4, 2009 at 9:55 pm

I can’t understand how anyone takes him seriously. Do you think he intentionally makes bad calls so boldly in order to dump bad stocks on the public?

fjpenney November 5, 2009 at 6:18 am

I suspect that Cramer is smarter than many of us think he is but the format of his show is terrible. Unfortunately, there appears to be a large mass of tv viewers who want constant streams of information. Successful investing is often boring. If you look at what I am doing, I only trade once every 2-1/2 months and for that reason it isn’t exciting. Because of the way our brains are hard wired (men in particular) we seek excitement and shows like Mad Money and Fast Money provide it.

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