Cramer: Underappreciated

Tuesday, December 02, 2008

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While many hate Jim Cramer and think he is an idiot, I tend to disagree. Granted, he offers a lot of bad opinions on stocks and his show seems to be more about entertainment and less about sound investing ideas. Yet, we should give him a great deal of credit for seeing the crisis begin to unfold in our financial sector before most others. This video is from August 3, 2007 when the Dow closed at 13,182. In one of the most passionate and emotional exchanges I've seen on CNBC, Cramer correctly argues that Fed action is desperately needed. I think we should appreciate how correct he was...




Cramer explains why he took the Fed to task...

3 comments:

Mark said...

"7 million homes will be lost" -Cramer

Anonymous said...

he good in my book....now if we could just tone down the sound effects and biting off of animal heads

Name: Brandon Rowley said...

Agreed!

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