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/biz/ - Business & Finance


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147285 No.147285 [Reply] [Original]

Genius? Fraud?

>> No.147296 [DELETED] 

dfs

>> No.147300

>>147285
>Shill.

Sure, he pulled off making money, but don't ever think of him in the same light as you would Peter Lynch or Buffett.

Also, don't buy his books, they're shit.

>> No.147306

Barron's reported that you can get a 25% return betting against his buy picks.

>> No.147315

>>147306
he buys everything though

>> No.147332

>>147315
So short the S&P 500, it's money in the bank.

>> No.147338

One of the best moments in tv is when jon stewart destroys him.

>> No.147360

>>147285
if you have 0, i mean, literally 0 knowledge on how the stock market works, i can see how watching him for about a month or less may be beneficial.

anything after that, youre doing a disservice to yourself unless youre only there to watch some of the interviews with ceo's and see what they have to say so you can guage it yourself

>> No.147375

Entertainer.

>> No.147516

>>147332
How do you invest in the S&P 500?

I see all these charts showing the S&P made crazy gains and my index funds (with supposedly "Aggressive" stocks) only made 15% last year

>> No.147557

>>147285
Fraud. He admitted to market manipulation, his picks historically have been quite poor, he is banned by the sec from even owning stocks. Would you really trust someone like this for investing advice?

>> No.147560

>>147516
ETF's. The S&P500s ticker is spy.

>> No.147608

>>147557
I thought it's because of his show.

>> No.147652

>>147608
I may actually be wrong. I can't find anything to support it, but I'm sure I read it somewhere. I know he got in shit before for accounting fraud.

>> No.147673

What the fuck was that thing with Zulily the other day?

>> No.147707

>>147285
Definitely not a genius, wouldn't call him a fraud though. He's a personality who's no better or worse than any other stock personality. He can be entertaining to watch from time to time on his show.

>>147557
No he didn't, even though I don't like him stop spreading stupid rumors. You read it on a site made by someone who got screwed by following him to a T because they were retarded.

>> No.147753

>>147707
Yeah I posted after realizing I was wrong.>>147652
I agree with the spreading of fake rumours shit though. He attacked a stock I own and at one point I was down 40%. I increased my position and am now up over 30%. All this happened within a month because of him. It was then I realized he was shit.

>> No.147770

I watch him everyday cause CNBC is on at work.

All he's really good for is entertainment and the occasional tidbit of wisdom.

Like most men, neither a fraud nor a genius.

>> No.147790

>>147770
I like when he stops talking about stocks and just gives advice.

>> No.147797

>>147790
I think hes just an idiot.

>> No.147819

Someone make an account on the /biz/ marketwatch game that only follows his suggestions. See how well it does.

>> No.147873

>>147819
Someone do this with any stock picker and see how well it does.

>> No.147931

http://www.thestreet.com/story/891820/1/the-winners-of-the-new-world.html

A speech have gave a month before the tech bubble burst. Every one of his picks blew up.

>> No.148041

>>147931
If you invested $10,000 in those 10 companies, you'd be sitting on a cool $371 right now.

Now who looks stupid, dummy?

>> No.148049

>>147338
fuck john stewart what a fucking faggot. I used to watch the daily show every night until he showed his true colors on that interview. I love how cramer just took it and later just laughs about it. "Man that guy -really- doesn't like me!"