Your Opinions About Jim Cramer

[jtollison78]

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

[/ QUOTE ]

A little part of me died while reading this.

[/ QUOTE ]


Why?

granted I doubt there are very many funds that meet this description, but 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.

My dad initially bought some index when he both retired from Monsanto and sold the farm. Sounded like the smart move to me. Later a broker came to the door and he agreed to listen. The broker showed a conservative fund with low turnover that tried to beat the market by a small %, especially during downturns. It had a long history of doing this well.

Is your objection simply that a new investor will not be able to evaluate a fund effectively, or that this is actually a bad strategy?

Thanks,
John

[mark_foley]

Cramer is definitely better than his old running mate Larry Kudlow. Goldilocks Goldilocks Goldilocks

[Evan]

[ QUOTE ]
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.

[/ QUOTE ]
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?

[DcifrThs]

[ QUOTE ]
[ QUOTE ]
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.

[/ QUOTE ]
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 ??

[/ QUOTE ]

[LaggyTaggy]

[ QUOTE ]
[ QUOTE ]

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

[/ QUOTE ]

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

[bills217]

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.