re: Jim Cramer: Sell Index Funds and Stay Long These 4 Stocks

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Jim Cramer: Sell Index Funds and Stay Long These 4 Stocks

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I'm not a fan.

Ms NC likes Cramer. I think he's hot garbage. This "4 Stock" bullshite advice is a perfect example. Cramer runs a daily segment called "Am I diversified?" Guess what Jimbo . . . a Facebook (FB) , Alphabet (GOOGL) , Amazon (AMZN) and Microsoft (MSFT) portfolio ain't diversified.

Cramer simply is not trustworthy.
Half of his show has turned into CEO interviews which are actually infomercials. I don't know how much the CEO's pay to be "interviewed", but the interactions stick of greased palms. Hell to this day, Cramer would still be willing to bring Aubrey McClendon on to sell the audience on what a great company Chesapeake Energy is, if only Aubrey hadn't offed himself in a car.

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Buffett defaulted to how much better an index fund is to one that charges fees. I get that. But he didn't address what I thought the core of the question was: do index funds own too many of the wrong stocks for a recession/pandemic?

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Do index funds own too many of the wrong stocks for a recession/pandemic? Like, for example, do they own the four major airlines as Buffett did?

Here's an idea Jimbo . . . if you think the S&P is headed south Jimbo, buy an inverse fund