I watch it rarely, so I can't comment based on my experience as a regular viewer who invests based on his "Crystal Ball." (Honestly, he
does a segment he calls "Crystal Ball" where he tells viewers how to make money "in the week ahead." Are you kidding me?!!!He also does a ridiculous "Lightening Round" where he answers viewers' queries for his opinion about a stock. The show features his responses with circus-like sound effects that he queues up by wacking violently at an oversized keyboard.
Mr. Cramer is a Harvard educated former Goldman Sachs employee. At one point he ran a hedge fund. He's not unqualified.
Good hedge fund managers make much more money than good talk show hosts; and much, much more than bad ones. One has to ask, why is Jim Cramer doing a talk show on cable?
Finally, let me note that the Jim Cramer's web page on the CNBC site includes a four paragraph warning about actually using his advice. It concludes with the best advice regarding the show:
Before acting on any information contained in the show, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
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