PFBlog logo

Reasoned Investing

Long term investing advice, focusing on the reasoned steps everyone can take to invest in their future.
  Channel Home | Articles (3) | Funny (1) | Investing Psychology (2) | Jim Cramer's Mad Money (83) | Links (98) | Long Term Stocks (4) | Market Gurus (9) | Mutual Funds (5) | Other (3) | Portfolios (1) | Real Estate (4) | Resources (3) | Stock Screens (1) | Thoughts (6) | Warren Buffett (3) | Contact Me
null

Beware Advice from Cramer??

Contributed by Brian Johnson | September 21, 2005 07:02 AM PST

The China Stock Blog cautions readers this morning to Beware advice from Jim Cramer.

Apparently in yesterday's show Cramer mentioned that the best way to play the Chinese growth in medicine is to buy US medical companies that do business in China, such as General Electric (GE).

The China Stock Blog notes that Cramer is probably not aware of the fact that according to China Medical's (CMED) recent IPO filing GE has a substantial stake in its business.

As Cramer says, "buy and homework". In this case, as well as many others when Cramer is put on the spot with these questions it is appropriate to do more homework than he has done.


mortgage calculator

This post has 3 comments. Read and share your opinions.

Enjoy the latest personal finance news and commentary at PFBlog Network.
Similar Posts

Jim Cramer's Mad Money - October 14, 2005 (October 15, 2005)
Cramer is bullish on the market here. He believes that this is the bottom, meaning that you need to start buying. He likes tech, oil stocks, PG, MOT, YHOO, IR, MSFT, and PEC. He did however warn that his stance on oil stocks has changed ... Read
Cramer the charasmatic captivating commentator (October 13, 2005)
This is hardly newsworthy but I thought it fun nonetheless. Paul Kedrosky admitted today that Cramer is a guilty pleasure for him. More interestingly he also noted that "it's the only non-cartoon, non-Animal Planet show my four-year-old will watch. He literally stops cold in the ... Read
Cramer in Forbes.com Piece - Funny Money (August 19, 2005)
Forbes.com has an interesting piece on Cramer up today. Excerpt below. Regardless of what you think of Cramer, and if you are at this site you most likely look at him kindly, you have to admit that he, like everyone else has his moments. Some ... Read
Cramer Featured in Time.com article - "Stock-Raving Mad" (August 12, 2005)
Time.com has a piece on Cramer that is very similar to every other piece that is written on him today. Of note to me is that Cramer now has the network's highest-rated program: "Mad Money has boosted viewership in its 6 p.m. E.T., weekday slot ... Read

Read all 83 articles in the same category.
Comments
>>> Karteek Commented on September 21, 2005

Well, a little discussed fact is that Cramer used to run an Internet technology fund, and lost 90% of his investor's money in the process. Read Jason Zweig's commentary in Benjamin Graham's "The Intelligent Investor" for damning evidence of Cramer's abysmal track record. And yet today, he's revered as a Guru investor!


>>> gp Commented on September 21, 2005

This is a nice analysis of his predictive abilities...

Deconstructing Jim Cramer:
http://www.cxoadvisory.com/blog/reviews/blog6-29-05/

My favorite line:
"Mr. Cramer is right about 50% (25 out of 51) of the time with his stock market predictions."

As a point of comparison, so is a quarter. Which is described here:

"In summary, Mr. Cramer's stock market calls since May 2000 have low consistency and approximately coin-flip accuracy. He seems more an entertaining (to some) stream of uncalibrated opinion than a stock market maven."


>>> BA Commented on September 22, 2005

Cramer has changed his tune on CMED: Check out the update at the China Stock Blog: http://chinastockblog.com/article/3195



Mail This Post
Email addresses will never be collected or sold.
Email this entry to:

Your email address:

Message (optional):



Read More ... All Other Posts In The Same Category

02/14/06 | Jim Cramer's Stop Trading! - February 14, 2006
02/10/06 | Jim Cramer's Stop Trading - Summaries for February 7-10, 2006
02/03/06 | Jim Cramers Stop Trading! - February 3, 2006 | (1)
02/02/06 | Jim Cramers Stop Trading! - February 2, 2006 | (1)
01/19/06 | Stop Trading! with Jim Cramer - January 19, 2006 | (1)
01/19/06 | Jim Cramer - King of Wall Street???
01/04/06 | Jim Cramer's thoughts on 2006
12/02/05 | Free access to Jim Cramer's commentary through January 4, 2006 | (2)
12/02/05 | Mel Karmazin talking Sirius on Mad Money Main Event | (2)
11/14/05 | Track Cramers Mad Money Performance | (4)
11/09/05 | Cramer exploiting NTMDs high short interest for his own gain? | (1)
10/25/05 | Trickling In
10/24/05 | Jim Cramer's Mad Money - October 24, 2005
10/20/05 | Analysis of Jim Cramer's Mad Money Triple Sell Recommendations
10/20/05 | Thursday Mad Money
10/19/05 | Jim Cramer's Mad Money - October 19, 2005 | (1)
10/18/05 | Jim Cramer's Mad Money - October 18, 2005 | (2)
10/17/05 | Jim Cramer's Mad Money - October 17, 2005
10/15/05 | Jim Cramer's Mad Money - October 14, 2005 | (3)
10/13/05 | Cramer the charasmatic captivating commentator | (2)
08/19/05 | Cramer in Forbes.com Piece - Funny Money
08/12/05 | Cramer Featured in Time.com article - "Stock-Raving Mad" | (1)
07/12/05 | Jim Cramer's Mad Money - July 11, 2005 | (16)
07/12/05 | Cramer appears on Live with Regis and Kelly
07/11/05 | Mad Money | (2)
07/10/05 | Jim Cramer's Mad Money - July 8, 2005 | (9)
07/07/05 | Jim Cramer's Mad Money - July 7, 2005 | (4)
07/06/05 | Jim Cramer's Mad Money - July 6, 2005 | (1)
07/05/05 | Jim Cramer's Mad Money - July 1 & 5
07/05/05 | CXO Advisory Deconstructs Cramer | (2)
06/30/05 | Jim Cramer's Mad Money - June 30, 2005 | (2)
06/29/05 | Jim Cramer's Mad Money - June 29, 2005 | (3)
06/28/05 | Jim Cramer's Mad Money - June 28, 2005 | (8)
06/24/05 | Initial Mad Money Statistics | (9)
06/22/05 | Jim Cramer's Mad Money - June 22, 2005 | (5)
06/21/05 | Jim Cramer's Mad Money - June 21, 2005 | (6)
06/20/05 | NY Post evaluates Mad Money picks | (2)
06/19/05 | Mad Money Update | (42)
06/15/05 | Jim Cramer's Mad Money - June 15, 2005 | (18)
06/14/05 | Jim Cramer's Mad Money - June 14, 2005 | (5)
06/13/05 | Jim Cramer's Mad Money - June 13, 2005 | (10)
06/13/05 | Jim Cramer's Mad Money - Week of June 6 - June 10, 2005
06/11/05 | Jim Cramer's Mad Money - June 10, 2005 | (19)
06/11/05 | Friday's Mad Money
06/09/05 | Jim Cramer's Mad Money - June 9, 2005 | (9)
06/08/05 | Jim Cramer's Mad Money - June 8, 2005 | (7)
06/07/05 | Jim Cramer's Mad Money - June 7, 2005 | (3)
06/06/05 | Jim Cramer's Mad Money - June 6, 2005 | (7)
06/06/05 | Jim Cramer's Mad Money - Week of May 30 - June 3, 2005
06/04/05 | Jim Cramer's Mad Money - June 3, 2005 | (12)
06/02/05 | Jim Cramer's Mad Money - June 2, 2005 | (5)
06/01/05 | Jim Cramer's Mad Money - June 1, 2005 | (12)
05/31/05 | Jim Cramer's Mad Money - May 31, 2005 | (1)
05/30/05 | Jim Cramer's Mad Money - May 30, 2005
05/27/05 | Jim Cramer's Mad Money - May 27, 2005 | (6)
05/18/05 | Jim Cramer's Mad Money - May 17, 2005 | (2)
05/16/05 | Jim Cramer's Mad Money - May 16, 2005 | (2)
05/15/05 | Jim Cramer's Mad Money - May 13, 2005
05/14/05 | Jim Cramer's Mad Money - May 12, 2005
05/12/05 | Jim Cramer's Mad Money - May 11, 2005 | (3)
05/11/05 | Jim Cramer's Mad Money - May 10, 2005 | (1)
05/09/05 | Jim Cramer's Mad Money - May 9, 2005 | (2)
05/07/05 | Jim Cramer's Mad Money - May 6, 2005 | (8)
05/06/05 | Jim Cramer's Mad Money - May 5, 2005 | (1)
05/05/05 | Jim Cramer's Mad Money - May 4, 2005 | (2)
05/03/05 | Jim Cramer's Mad Money - May 3, 2005
05/02/05 | Jim Cramer's Mad Money - May 2, 2005
05/01/05 | Jim Cramer's Mad Money - April 29, 2005
05/01/05 | Jim Cramer's Mad Money - April 28, 2005
04/27/05 | Jim Cramer's Mad Money - April 27, 2005
04/27/05 | Jim Cramer's Mad Money - April 26, 2005 | (1)
04/25/05 | Jim Cramer's Mad Money - April 25, 2005 | (7)
04/25/05 | Jim Cramer's Mad Money - April 20, 2005 | (2)
04/25/05 | Jim Cramers Mad Money April 19, 2005
04/18/05 | Jim Cramers Mad Money April 18, 2005
04/18/05 | Jim Cramers Mad Money April 15, 2005
04/18/05 | Jim Cramers Mad Money April 12, 2005
04/14/05 | Jim Cramers Mad Money April 14, 2005
04/13/05 | Jim Cramer's Mad Money - April 13, 2005
04/11/05 | Jim Cramers Mad Money April 11, 2005
04/11/05 | Regis Loves Cramer. Shouldn't You?
04/11/05 | Jim Cramer's Mad Money - An Introduction | (1)




This page was last rebuilt at January 24, 2008 09:33 AM.

PREMIUM SPONSORS

Payday Loan
Personal Loan
Homeowner Loans UK
Commercial Mortgages and Business Loans
UK Used Car Loans
Mortgage Refinancing
Student Loan Consolidation.com
Secured Homeowner Loans
Bad Credit Loans - Free Quote
Gold Coins

  your ad here ...

SITE REVIEWS

Secured Loan UK
UK Home Loans


Google
Web PFBlog

WHAT I READ

Wall Street Journal

PFBlog

The Kirk Report

Nevblog.com

MAKE A DONATION

POWERED BY

Join the world's largest Web Host! Movable Type 2.64