FundAdvice.com
04-05-2008, 03:52 PM
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CNBC's Jim Cramer may be a popular television entertainer, but whether he's helping investors is another matter. This question was brought to my attention recently in a sharp exchange on the Web site Dow Jones MarketWatch between Cramer and Paul B. Farrell, a MarketWatch columnist who has earned my respect. Paul is a veteran of business and Wall Street. He's also the author of nine books, including The Lazy Person's Guide to Investing. Recently, he watched Cramer's Mad Money on CNBC and was not amused. In addition to costing viewers their valuable time, he wrote, Cramer's wild TV antics also are likely to cost them money. Paul made a powerful case that intelligently selected "lazy portfolios" outperform the active stock trading advocated by Cramer.
complete story here... (http://www.fundadvice.com/articles/psychological-hurdles/paul-merriman-ten-reasons-to-ignore-jim-cramer-s-advice.html)
CNBC's Jim Cramer may be a popular television entertainer, but whether he's helping investors is another matter. This question was brought to my attention recently in a sharp exchange on the Web site Dow Jones MarketWatch between Cramer and Paul B. Farrell, a MarketWatch columnist who has earned my respect. Paul is a veteran of business and Wall Street. He's also the author of nine books, including The Lazy Person's Guide to Investing. Recently, he watched Cramer's Mad Money on CNBC and was not amused. In addition to costing viewers their valuable time, he wrote, Cramer's wild TV antics also are likely to cost them money. Paul made a powerful case that intelligently selected "lazy portfolios" outperform the active stock trading advocated by Cramer.
complete story here... (http://www.fundadvice.com/articles/psychological-hurdles/paul-merriman-ten-reasons-to-ignore-jim-cramer-s-advice.html)