Who will win the Jon Stewart / Jim Cramer showdown Thursday on The Daily Show?
http://www.mahalo.com/answers/economics/revenge-or-truth-what-do-you-think-of-jon-stewarts-take-on-cnbc-and-rick-santelli
It had to do with this bit on The Daily Show last week:
http://www.hulu.com/watch/60961/the-daily-show-with-jon-stewart-cnbc-gives-financial-advice
Well, obviously, Jon Stewart frequents Mahalo Answers because he actually addressed the issue on Monday's show:
http://www.hulu.com/watch/61495/the-daily-show-with-jon-stewart-in-cramer-we-trust
Now it appears that Jim Cramer is going to face Jon Stewart on this Thursday's show!! I'm so excited I can barely type!! Who do you think will win? (P.S. You'll really have to support your answer if you pick Cramer because my money is on Jon).
http://blog.indecisionforever.com/2009/03/10/breaking-jim-cramer-on-the-daily-show-thursday/
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M$8 Answers
and Jon Stewart is right for calling him out, it's about time, how long has this guy been on TV giving people financial advice? Too long.
Here is a Jim Cramer segment that makes me cringe
http://www.youtube.com/watch?v=Rl6hIrleMIw
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M$
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M$11/30/08 (it would be reckless to stay so negative ) - trillions of dollars are moving out of the market.
3/21/08 (I call it a bottom) - Market peaked in 2006 and drop to below 7000 by 2009. The bottom is approaching 5000. Bear Stearns risks were astronomically high: sub prime, CDS, and CDO exposures. Is Cramer a momentum trader or a technical trader?
Is Cramer sitting on top of his money?
My vote is for Jon Stewart
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M$
http://www.slate.com/id/2158497/sidebar/2158568/
Cramer advice will not beat the S&P 500 index long term. Cramer advise provides short term profits and according to this article Cramers picks in 2006 only returned 2 percent. Stock picking is a terrible way to lose money.
Here is a Promo Poster/Image I made for Thursday's showdown! Hopefully Cramer or Stewart will see this and use it on Wednesday to promote the show!
http://gloombergnews.com/?p=470
GN
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M$
IF Cramer goes in with the intent of correcting Stewart's attitude I would have to give Cramer the edge as he is also very intelligent, experienced, passionate, and dedicated. It's the old saying "old age and treachery will over come youth and exuberance every time."
I think the more likely outcome will be a situation where they poke at each other chuckle a few times and Cramer will make some points and Stewart will poke at his Bear Stearns comments and in the end they will laugh it off and part on more or less even ground. So, a tie of sorts... that would be my vote.
I went insane...
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M$
Stewart's job is that of an external critic and a humorist. Cramer's job is to make regular predictions about future factual events. Only one of these jobs is going to produce a verifiable track record with (no matter how good you are) many mistakes. Stewart's job has given him the expertise in dissecting records like that for his audience's amusement. Even if Cramer was really good and Stewart wasn't my favorite, it would still be Advantage Stewart.
Cramer can only win a consolation prize for showing a bit of self-humor and being a good sport. If he does that well, both men will win with their own audiences.
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M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
But according to Cramer's response (mentioned in the Jon Stewart video), he said "{it is} urban legend that I recommended Bear Stearns the week before it collapsed, even though I was saying that I thought it could be worthless as soon as the following week. I did tell an emailer that his deposit in his account at Bear Stearns was safe..." So, like Stewart said, no he didn't recommend it the week before, but he did support it.
And anyway, what could Cramer possibly want to face off about? Bear Stearns? Arguing about the past? Or how it's really hard to pick stocks accurately? Or does he just want to yell at Stewart? I just can't imagine a way that Cramer could show up, argue with Stewart, and not end up looking like a fool for wanting to face-off in the first place.
