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Originally Posted by soma
I'm always very skeptical when it comes to stock market pundits and their opinions, and Jim Cramer is no exception. I do however understand that he is exceptionally influential and his words really can make prices move. I have not actually seen him on TV ever (don't have cable) but from what I gather, he seems like more of an entertainer than anything else.
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I'm as skeptical as anyone else, but you have to remember that Cramer has the goods to back up the talk. He had an excellent record of making money as a hedge fund manager, so he's not just another talking head. Having said that, I have been a member of his website since its inception. I have learned a tremendous amount from reading him, but its mainly about style, discipline, and the macroeconomic picture. I haven't made any $$ from his stock picking. There are other commentators there who have made me some serious cash.