What is it about Cramer?
August 18, 2009
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Maybe it's because I don't have cable, but I don't watch much financial TV. So it's always a bit jarring when I come across Jim Cramer's show on the Internets. On the one hand, I don't see how anyone can take this guy seriously. On the other hand, it's more interesting than watching another suit being interviewed by another suit. I love the sound effects. And Cramer certainly has some brain power -- he graduated magna cum laude from Harvard, says Wikipedia -- though that's not the same as thing as predictive power.
Fascinating.
Side note: I love when people in the media complain about the media. It's like a politician railing against "special interests" at a $1,000-a-plate fundraiser.