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Non-Tech : James Cramer -- Ignore unavailable to you. Want to Upgrade?

To: Stocker who wrote (477)	5/3/1999 11:43:00 AM
From: Adam Weiner	Read Replies (1) \| Respond to of 766

>> Please name one other underperforming manager that came clean. If you'll recall, Cramer did not disclose his fund's returns. They only became public knowledge after one of Cramer's disgruntled hedge fund clients sent in a copy of the fund's results to a NY times reporter. Cramer himself said he would have preferred that his returns had not been made public. Talking about a bad trade here and there is one thing - everybody makes bad trades, myself included. But as I've said in the past, he did aweful, no where near as aweful has he led us to believe by his articles throughout '98 - remember all those "great trades" he made?? He never gave a hint that he did so poorly until his hand was forced by the Times article. BTW, there are other fund managers who do disclose their mistakes. Check out the the Fidelity fund-managers' discussion mailings. >> Soros got wacked to You're comapring Cramer to Soros? Soros and his cronies are brilliant hedge managers who have more respect (and fear) on the street than anyone. You just showed how parochial you are. Soros is a god on the street, while Cramer is a punchline. >> You said you do the opposite of Cramer. So did you >> really??? Ohhh the pain must be great!! No greater pain than a 2% return from a risky hedge fund. Let's put it this way - I didn't buy Hayes, Fairchild, or those crummy regional banks. Nor did I short the market and stay in cash at its bottom like Cramer did in the fall of '98. 'Nuff said?