I've looked around this sub and found that not many of you are fans of Cramer's show Mad Money. I'm new to the stock market and I'm still trying to understand it all. It's like learning a foreign language with all the lingo involved.
My father-in-law is a huge fan of Cramer, practically worships the guy. He keeps telling me I need to watch/listen to Cramer for good stock picks. I just think that would be a waste of my time for two reasons.
1) As I said, it's all Greek to me right now. Telling someone to watch Cramer to learn stocks is like telling someone to learn Spanish only by watching Mexican Novellas. Gotta start with the basics first.
2) Many of you seem to think the guy is a hack and I'm inclined to believe that.
Now, I also read a few chapters of his Mad Money book before stopping. He does seem to have a lot of success. He is a millionaire after all, right? He has a TV show because he's so good at it, surely that's why, right?
Can someone explain to me why exactly it is or isn't a good idea to listen to Cramer? Basically he talks about current stock trends and says what he thinks are good buys right now and what are bad buys. So once I'm more experienced, maybe I could learn stuff from him, or can I?
Also what about listening to other big name investors like Warren Buffet? Should I listen to/ watch them? Or should I simply stick to doing all my own research as I slowly learn about the stock market?
Submitted December 10, 2017 at 10:40PM by CirUmeUela http://ift.tt/2By4Z6j
