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Originally Posted by mynameisjim
Cramer is a good guy I think. Maybe he realizes that he gambled too hard with his viewers money.
For him, he's a money guy and understands there are risks. I think his viewers forgot about that.
Truth is, he thinks like a true market guy which means if he wants to make 100 million in the stock market, he is probably going to actually make 300 million but lose 200 million during that same period. Which is how the big players do it. Mom and pop watching at home don't realize that's how the game is played. Huge losses are very normal.
Cramer is a trader, not an investor. There is a big difference.
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I don't even think Cramer was the main target though. He was mocking the whole network. That they pretend to journalists but end up as mouthpieces for these crooks. That they act like they are a network for the average investor but are really just puppeting the big guy's agenda.
I don't think Cramer is a bad guy. He's just an analyst who gives his opinions. He's wrong a lot and I'm sure he's right a lot too. Anyone who invests in a stock strictly because a loud mouthed entertainer told them to is stupid.