i remember some segment from the Daily Show where Stewart did a supercut of all the hairbrained "buy buy buy" bullshit cramer was spouting right up into the GFC, basically showing the guy had no idea what he was talking about. but i don't remember the crying lmao
it just blows my mind this guy is still paid handsomely to make stock tips on tv.
Cramer did exactly the same thing with Bear Stearns literally weeks before it collapsed. He is friends with most of the CEOs and big investors and he did them a favor of providing exit liquidity. Stewart asked him some reasonable questions and Cramer was very shocked.
Also you all should see Hasan Minaj and Mr. Wonderful which he calls a type of investment influencer who can afford to take some hits but those who follow their advice get washed and it's mostly the unsuspecting retail, who look up to him.
Remember when Jon Stewart, of all people, made this guy cry?
i remember some segment from the Daily Show where Stewart did a supercut of all the hairbrained "buy buy buy" bullshit cramer was spouting right up into the GFC, basically showing the guy had no idea what he was talking about. but i don't remember the crying lmao
it just blows my mind this guy is still paid handsomely to make stock tips on tv.
He's paid for the entertainment value, not the knowledge (obviously, but yeah that's what CNBC values as well as its audience)
Pardon me, what?
Cramer did exactly the same thing with Bear Stearns literally weeks before it collapsed. He is friends with most of the CEOs and big investors and he did them a favor of providing exit liquidity. Stewart asked him some reasonable questions and Cramer was very shocked.
Wiki page on it
Nom nom fallout
Also you all should see Hasan Minaj and Mr. Wonderful which he calls a type of investment influencer who can afford to take some hits but those who follow their advice get washed and it's mostly the unsuspecting retail, who look up to him.
Why you shouldn't take investment advice from TV personalities
How dipshit scamers are grifting you