Comments on: Jim Cramer’s Latest Feud

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Payday Loans UK — Wed, 16 Dec 2009 03:22:09 +0000

@fathersez.. its about making educated guesses rather than random ones. Also, as an expert I believe one should not belong to a particular genre. For example cramer is all hope while Roubini is all gloom. Experts should analyze situation more objectively irrespective of what their instinctive dispositions are.

By: fathersez

fathersez — Wed, 29 Apr 2009 05:52:14 +0000

I think that being an expert is a game of chance, being right or wrong….50% chance of success. So there will always be those on this side and those on the other side. Time will settle who was right. My thoughts are with the Prof.

Regards

By: Monevator

Monevator — Sat, 11 Apr 2009 09:22:43 +0000

As others have said, Cramer believes he can cash in on the publicity. You and I only make money when the market goes up, but he makes money being on the airwaves…

That said, he will be proved right some time. The market will surely recover, and the longer it stays down or the lower it goes, the more mathematically likely a call up will prove right. Starting from where he is, Cramer's best bet is to keep calling a rally.

By: Weekend reading for investors: 11/04/09

Weekend reading for investors: 11/04/09 — Sat, 11 Apr 2009 09:01:01 +0000

[...] Your Finances has noticed Jim Cramer has now turned on Nouriel Roubini, the gloomy [...]

By: DDFD at DivorcedDadFrugalDad

DDFD at DivorcedDadFrugalDad — Fri, 10 Apr 2009 12:56:06 +0000

Entertainer vs. ivory tower . . . who knows.

My feeling is we are strarting to see the light at the end of the tunnel (I am seeing movement in real estate, car sales, people returning to spending, and the markets settling down), but we are 6-12 months from emerging from this problem– it can't be rushed.

By: Jesse

Jesse — Thu, 09 Apr 2009 21:40:39 +0000

Ah, sensationalism is a much better word for it. I mean our blogs are entertaining but not to the point that the entertainment overshadows the point of the blog, finance.

Nice way of putting it, you should be a writer…

And I agree, Cramer seems to want the flame. Even with Jon Stewart in the picture, Cramer was not directly targeted at first until he dove into the fight.

He tries to de-legitimize his attackers like you stated but no one feels sorry for him, and he just comes out looking shameless and foolish.

By: The David

The David — Thu, 09 Apr 2009 19:51:32 +0000

It's funny that Stewart was more restrained and scholarly in his (first few) responses than a respect economist was.

I agree, Cramer benefits no matter what. Each feud helps him reach an additional audience and gets additional media attention.

And I think that there is room for entertainment within finance, but not for sensationalism like Cramer does.

The weird thing about this feud, is that Roubini was far off from the truth. From what I understand, all he said is that the market is likely to go back down for a while, and the government will have to let some banks fail or nationalize them.

It doesn't seem far fetched, and there was no personal attack on Cramer (unlike the Stewart feud), so I don't see why Cramer took such offense. It's like he's trying to paint himself as the underdog and victim to de-legitmize his attackers.