Jim Cramer Hurt Investors in 2000, Bad Money in 2007, CNBC

Uploaded by: donharrold
Video Description:
Who can put a stop to Jim Cramer? This nut crossed a line I find surreal last night. You see, I tell you daily that mainstream wallstreet whores and liars want you to NOT THINK, but I must admit when I heard Jim Cramer say it out loud I was shocked. We traveled these roads with Jim Cramer in 2000. Wise investors will think, use logic, and take profits during rallies. Jim Cramer is now on a binge of myopia that is laughable to watch but sad when you realize all the folks who continue to be hurt with his stock picks. If you know someone dazzled by the buzzers, lights, and antics of the liar, shill, and bad guy, Jim Cramer, point them to this video. At least they'll not have an excuse when Jim's bad money advice comes back to haunt them. Hey, that was my first Halloween reference! "Haunt". Wow. Thought I would make it to November 1 without one.

Tags for this video: 2000 bernanke bubble cnbc com cramer dot federal gold interest jim mad money oil prices rates reserve stocks subprime

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why was this video ... ( 11 months ago by jp82785)

why was this video all chopped up? And why would someone hold a stock all the way from 2000 until 2007, anyway! In ANY 7 year strech, stuff changes alot, the comparison here is ridiculous!

cramer is a big ... ( 11 months ago by buyystocks)

cramer is a big loser,that is why he does not trade,he made his money from other people, HIS BIG LOSERS, shld,sup,nt,lu,dks,chtr,rad,lvlt,pwav,lsi,many many more wow 4-5 winners he tells you about nite after nite,I trade 7-8 stocks and know them well,SWKS,ARNA,RFMD,I buy them when they are down and sell into the rally then buy them back,again and again,I know never say never but in 4 yrs I have traded swks over 10 times for all pos trades,most made $4000-$5000

You are pretty ... ( 11 months ago by shane0mac1234)

You are pretty stupid? He always talks about P/E ratios. Youre a clown. He has made quite a lot of money in the market he obviously has some clue. By and hold is a horrible way to invest short term
by and hold is a horrible way to invest, if you wanna do that buy a mutual fund, cramer always says that... and there is nothing wrong with buying a mutual fund. You dont buy and hold cause it means your not keeping up with the company

So are you saying a ... ( 11 months ago by shane0mac1234)

So are you saying a company like google is gonna go out of business??? Google is sitting on loads of cash, people are throwing money to google for add space... i think he is on to something there... google is a def buy but wait for a pull back

SHANE - You don't ... ( 11 months ago by donharrold)

SHANE - You don't listen. That's common among Cramericans. Jim says "buy and hold" is horrible, UNLESS, he has to HOLD a pig like SHLD as it plummets. Then, it's a "Winning Strategy". Also, when Jim crows about a stock's rise from "the first mention" to any time in the future it assumes you BOUGHT AND HELD. Facts like these are irrelevant, though, to Cramer's core audience.

SHANE - I said ... ( 11 months ago by donharrold)

SHANE - I said nothing about Google "going out of business". My point is that if you tell folks to buy a stock and it drops 100 points after you told them to "not think" and "just buy", well, that's bad advice. Ergo, Jim's nutty baloney in 2000 is the same nutty baloney in 2007. Just the stocks have changed. My opinion about GOOG is not mentioned in this video.

Warren Buffett says ... ( 11 months ago by tj37067)

Warren Buffett says, " It may be another of life's ironies that investors may very well achieve it, but at the expense of long term results. The outstanding records of the superinvestors of Graham-and-Doddsville were compiled with apparent indifference to short-term performance."
Warren Buffett heavily emphasizes long term, buy and hold strategy. I think im going to listen to Warren Buffett's long term play over Jim Cramer's buy and sell strategy.

Do you really ... ( 10 months ago by EvanChaim)

Do you really expect to be taken seriously when your dressed in overalls like a country bumpkin?
Everyone makes mistakes. if you listen to what cramer says consistently, you will understand his methodology.

EVANCHAIM - You are ... ( 10 months ago by donharrold)

EVANCHAIM - You are the precise type of person I don't want to be. Your emphasis on clothes over substance is why Wall Street continues to fleece investors. With respect to Jim Cramer: Jim's mistakes are not an issue (at least with this commentary). What is an issue is the way he flip-flops, lies, and, distorts his own record. Finally, your inability to credit me with what I got right while Jim got it wrong says more about you than any overalls I wear say about me.

Cramer will be ... ( 10 months ago by EvanChaim)

Cramer will be first person to tell you that he flip flops. And personally I dont think flip flopping is a bad thing. This isnt politics here.
He "Flip flops" for a lot of reasons but mainly because he looks at the technical and fundamental indicators. He also differentiates between TRADING and INVESTING.... DO you know the difference?

EVANCHAIM - You ... ( 10 months ago by donharrold)

EVANCHAIM - You have GOT to be kidding. How in the world you cramer-lovers dismiss his lies, flip-flops, horrible calls, and bad advice is beyond me. I just don't get it. At the very LEAST, his advice to buy stocks at the top of 2000 and 2007 were disasters. And, I told folks to SELL. Yet, someone like you wants to discuss my OVERALLS. Unreal. Good luck, dude. Good luck.

Your an idiot.... ( 10 months ago by anthonius75)

Your an idiot....

Ever hear the ... ( 10 months ago by kewldude101289)

Ever hear the disclaimer before....use your brain before buying. His show is about education not picks.

Great stuff. ... ( 8 months ago by snouter)

Great stuff. Clearly Cramer's Wall Street connections and market manipulation techniques are far more refined than his ability to read financial statements.

Bravo. Cramer is a ... ( 6 months ago by TheMerryMisanthrope)

Bravo. Cramer is a fraud, plain and simple.
Good work.

THEMERRYMISANTHROPE ... ( 6 months ago by donharrold)

THEMERRYMISANTHROPE - Thanks!

My pleasure, Don. ... ( 6 months ago by TheMerryMisanthrope)

My pleasure, Don. No doubt Jimbo is entertaining, but anyone who has taken advice from this joker (sadly, I have) is buying into nothing more than razzle-dazzle. I just wonder how many people he's actually ruined with his outrageous approach.

you have my ... ( 6 months ago by gboy1441)

you have my complete supprt. i havent watched CNBC in 3 months. this is even more irresponsible than 2000, but keep in mind don harold, there are forces in this market, such as funds and our government, that have as of late 'rigged' it, at least until the election perhaps.
FSLR = 150 p/e. among others.

This guy has as ... ( 5 months ago by jeffreyvs13)

This guy has as much credibility as Jim Cramer, because the screen claimed that all of these companies were out of business now. Actually, Verisign (VRSN) is up 10-fold from it's bottom, and Ariba (ARBA) and Infospace (INSP) are not doing well but they are definitely not out of business. Do some homework retard before attacking others for their lack of research.

JEFFREYVS13 - Now, ... ( 5 months ago by donharrold)

JEFFREYVS13 - Now, I may be a "retard", but, you are either blind, unable read, or, stupid. I did NOT claim that all of those companies were out of business. The text on the screen reads, "Almost all of those companies..." And, even with the few companies up "from their bottoms" you would still either be nearly bankrupt based on Jim's advice on the basket of those stocks.

At some point, the ... ( 3 months ago by xpandergt)

At some point, the investor has to do HIS OR HER OWN HOMEWORK!!!If people are pissed at Jim Crammer, because they lost money, who's really to blame? If you invested stocks in companies because a person says to do it, when exactly do the person shoulders the blame for actually listening to Crammer in the first place? True investors do their own homework and take what other people say with a grain of salt. So instead of pointing the finger at crammer, point it back at yourselves for listening.

XPANDERGT - What a ... ( 3 months ago by donharrold)

XPANDERGT - What a load of bullshit. CNBC promotes Jim Cramer as a man with "Billion Dollar Advice". A man with "2000 stocks in his head" that he knows "exactly what to do with". His audience - by his OWN admission - is this new "Cramerica": People JUST STARTING OUT, or "home gamers", and, "amateurs". This defense of Jim Cramer that is it somehow the VIEWER'S fault for taking his advice only speaks to the reality that his advice sucks. If not, we would not even be in this discussion.

Hey stop mocking ... ( 3 months ago by microview2222)

Hey stop mocking Jim Cramer. He does a great job!
Our major brokerage firm laughs at Jim Cramer all the time. He really is an "entertainer." He does a good stand up routine. No one really takes his advice........do they?

If you watch cramer ... ( 1 month ago by ddubrul)

If you watch cramer for anything but entertainment you deserve to lose your money.

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