Thread: Mad Money
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Old 06-22-2005, 02:55 AM
TGoldman TGoldman is offline
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Join Date: Jun 2004
Location: Bellevue, WA
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Default Re: Mad Money

I personally find Jim Cramer to be very entertaining and I love his show Mad Money (Booya Jim!). However as his audience grows more mainstream, I'm concerned about the impact his show may have on his audience's portfolios. From my understanding, Jim Cramer's stock market philosophy encourages a level of short-term trading. I'm not concerned about the experienced investors who know what they're doing, but I fear for the Cramer fan with little stock market knowledge who runs out and buys a stock the next day simply because Jim gave it the big bull during the "Lightning Round." Perhaps I'm biased, though, because I believe the average investor is best served being diversified across index funds and mutual funds.
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