We interrupt our regularly scheduled Madoff Movie of the Week coverage to let you know (like you didn’t already) that Jim Cramer is currently on the Martha Stewart Show, where he’s being taught how to make a banana cream pie. Clip of JC pounding dough (as Marth tells him “pretend it’s Jon Stewart”) TK.
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The best part: “You must slice the bananas evenly…each should be the same size…like this…oh you went to Harvard, didn’t you? You can figure it out” – Martha
Since we’re on the Cramer bashing binge, I thought this might be a good time to review this fine piece of fail:
http://www.thestreet.com/funds/smarter/891820.html
LOL! Cramer!
Wow, how could I never have seen that Cramer piece before? Talk about cheerleading. How did anyone employ him after writing something like that?
you know whats funny is that he picked ARBA about one week before its ten year high since which its lost 99% of its value. Nice work Cramer.
http://www.thestreet.com/quote/ARBA/details/advanced-charts.html
“We don’t use price-to-earnings multiples anymore at Cramer Berkowitz. If we talk about price-to-book, we have already gone astray. If we use any of what Graham and Dodd teach us, we wouldn’t have a dime under management. ”
How’s that working out for you, Jimmy?