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Pastimes : James Cramer Skeptic Thread

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To: RainMan29 who wrote (1222)5/3/1999 1:19:00 AM
From: synchro   of 1254
 
Is his outperformance due to superior stock selection/timing, or is it just due to leverage?

Remember, even a stupid, idiotic, dumb, loud monkey can outperform the S&P if it just buys an S&P index fund on margin for the last 15 years...Of course, it is questionable whether any stupid, idiotic, dumb, quiet investment bank would lend to a monkey. (hmmm...perhaps those yahoos that lent money to Long Term Capital)

Mr. Cramer is just that -- a newbie never really tested by a bear market. But then I guess I'm a newbie too, and so is 95% of the punters out there.
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