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


To: Jon Stept who wrote (593)6/1/1999 6:04:00 PM
From: Adam Weiner  Read Replies (1) | Respond to of 766
 
I agree, it takes a lot of courage to openly admit one's mistakes. Then again, Cramer got $200 Million in TSC stock for those mea culpas. Where do I sign up for that deal? :-)



To: Jon Stept who wrote (593)6/1/1999 6:38:00 PM
From: mr.mark  Read Replies (2) | Respond to of 766
 
hi jon,

re: "Cramer is strong enough to admit and learn from it... something I admire about him, or anybody... being able to admit their mistakes."

i agree wholeheartedly about admiring people who admit mistakes.

but before we organize a parade in cramer's honor, let's remember that he isn't admitting a mistake when he has publicly taken a position that is subsequently proved wrong. i mean, where do you figure it takes such a big man to cop to something like that? what's his alternative? denial?

imo, there is nothing impressive about someone saying, "okay, i was wrong" when he's on record as having made a bad decision.

think if your auto mechanic failed to tighten the lugs nuts properly on one of your wheels, and it fell off while you were driving. do you then admire him for saying, "i admit i didn't tighten them"?

i'm not trying to be smart, jon. i'm just trying to see why you are impressed by a guy who says he was wrong when we already know it?

:)

mark