Re: Your Opinions About Jim Cramer
 

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if a company has a long(say 70 year) history of beating the s&p by 1% annually, then it's both believable and worth a lot over time.

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Over 70 years you're going to go through AT LEAST two management teams and probably closer to five. At some point you have to believe that the decisions made by whoever founded the company (what to buy, who to hire) are totally irrelevant to its performance today, right?

By the way, I don't know anything about any managed funds. How many have beat the market for 70 years by any percentage?

Re: Your Opinions About Jim Cramer
 

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if a company has a long(say 70 year) history of beating the s&p by 1% annually, then it's both believable and worth a lot over time.

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Over 70 years you're going to go through AT LEAST two management teams and probably closer to five. At some point you have to believe that the decisions made by whoever founded the company (what to buy, who to hire) are totally irrelevant to its performance today, right?

By the way, I don't know anything about any managed funds. How many have been around for 70 years ??

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Re: Your Opinions About Jim Cramer
 

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New investors should use actively managed funds from managers with great track records that beat the market.

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No they shouldn't.

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explain why not? Or should i just take your opinion as that of the lord himself... please tell me youre not another proclaimer of the brilliance of indexing

Re: Your Opinions About Jim Cramer
 

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By the way, I don't know anything about any managed funds. How many have beat the market for 70 years by any percentage?

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What i mean is, there are managers with 10 and 15 year track records who have destroyed the market through good markets and bad and outperformed in each. Thats what you want

Re: Your Opinions About Jim Cramer
 

How he can be so incredibly bullish on ATI (still) while simultaneously bearish on TIE is beyond me.

I hope the ATI board is taking good care of him.