Sometimes the spontaneity of the market makes me doubt my investment competence. This now ridiculously off the mark clip from Jim Cramer in July 2007 reminds us that we are all only human and we shouldn’t put too much faith into the words of “investment professionals.”

My favorite line has to be “”if every loan in 2006 that was sub-prime blew up – 500 billion, you would still not notice!”

Posted by masciutto

3 Comments

  1. Sanjay Srikantiah February 14, 2009 at 9:43 am

    I always thought this guy was a windbag, ranting and raving about one stock or another. Yes, he totally missed the boat as many investment professionals. The collapse of that Bear Stearns hedge fund was a symptom of what became an infectious disease.

    Reply

  2. Great post I really enjoyed it and will be coming back shortly and linking back to your site from mine.

    Reply

  3. I like the info and will be linking back to you from my site. Also great looking site I wish I had one like this.

    Reply

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