Jim Cramer

[calmasahinducow]

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Henry Blodget (lol) has written a bunch of stuff in Slate recently about Jim Cramer.

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Henry Blodget calling out Cramer for being an idiot is the pot calling the kettle. Can you say Investment Banker lackey?

from Wikepedia

"...Blodget's later articles for the magazine focussed on the return limiting actions of individual investors, including listening to analysts and the financial media, and relying on active management such as mutual and hedge funds. Instead, Blodget recommends low fee index investing to capture the broad return, while focussing on reduced portfolio turnover to minimise taxes. This investment strategy is in contrast to his earlier life as an analyst, and one he readily acknowledges throughout his discourse. His Slate articles about investing carry a seven-paragraph disclosure of potential conflicts of interest."

ROFL

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I guess you didn't understand the lol in parentheses; I'm not a Henry Blodget fan either. You picked an awful snippet from Wikipedia though because that sounds like some great financial advice. Low fee indexing and avoiding turnover is exactly what Benjamin Graham and Warren Buffett advocate(d). Go ROFL at them too.