pezz,
No, I meant I like Jimmy Rodgers as well as James Cramer. Each is different in style and presentation, but I genuinely like both men.
Mr. Cramer focuses mostly on domestic stock issues. I don't run out to buy or sell according to his likes or dislikes because he doesn't know me or my personal investing goals. He doesn't know my timelines. When he's speaking on CNBC, he's addressing a variety of styles in his audience. Most of his picks are for the in-when-it's-good and out-when-it-isn't crowd. That's his style, and that's some of what's made him famous. My style is buy-and-hold. I can afford to ride out market fluctuations. I avoid brokerage commissions, taxes and costly timing errors. I readily admit that I'm a horrible market timer. In fact, if anyone is a counter-indicator, it's me. What I like about Mr. Cramer is his general overall views on the market's directions, his spin on the domestic economies and his very specific perspective and in-depth focus on market sectors and industries, not individual stock selections. I have found the man to rarely be wrong regarding market direction and so on. This advice is valuable to all investors.
Jimmy Rodgers focuses on foreign investments and financial issues. Some of his subjects are very dry and quite boring. I also don't run out and make currency trades just because Jimmy said so. But his views on foreign companies and their governments, and his perspective on the financial markets just cannot be beat. While the man tries to maintain a humble-ole-me television persona, his views are precise and accurate in my opinion. I'd suggest you read his book "Investment Biker" to get a better idea of just who is Jimmy Rodgers and how you too can see the world through his eyes. Don't blow him off because of his domestic viewpoints and missed predictions. His value to us as investors lies in his understanding of what's happening beyond our borders. For my money, the only other guy that's an equal in judging foreign issues is Mark Mobius (spelling??).
KJC |
