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Jim Cramer On The Only Conference Call Worth Listening To
Excerpted from Jim Cramer's book "Get Rich Carefully", 2013:
"The only conference call you will ever need," according to Jim Cramer, is Caterpillar, it "is my gospel, my go-to call on which many of my decisions are based... I trust Caterpillar's long-term vision... it is a superb evaluator of what's happening in each of the countries it sells in and gives you the most thorough description of each economy." As Cramer concludes, "Caterpillar's the primer, the sopurce for your global outlook..."
So...
Now what?
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I usually do the opposite of what this tools says....works for me..
We know why he is on CNBS, I am just curious why he is not in prison?
moron+telephone=danger.
I just want to lick the sweat off his shiny bald dome and jiggle his belly fat all nite long.
Jimmy Crack Corn & I DON'T CARE!!!
The only crack corn Jimmy eats is in his morning shit
He meant Caterpillers in the Farmer's Almanac.
Blanchflower says mid 2016, earliest for Fed move... 2020 for Brits. Deflation...
not all pundits are created equal....
"Deflation.". Yeah, right. Where?
An awful lot of large caps have become small caps...in particular in the mining space. ABX up big on the move higher in gold/collalpse of the Canadian dollar.
If the entire Middle East is about to explode (again) why wouldn't I be buying shale drillers...or at least some of their debt?
Now the Fed is saying " patience"? That sounds to me like a bunch of whining industrialists are at it again.
The Fed will never raise rates.
EVER.
You'll be paying twenty bucks for a 2x4 before they'll ever even consider it.
Anybody who says "go to" is a fucking shill ass hat jerk off hipster.
But .. The old Philly boy hot dawg huckster shit ball happens to be right bout CAT being the harbinger of death this time!
But fuck you Cramer anyway!
I may not always drive my Catepillar but when I do I drink scotch...
I once worked with a girl that had to work a case of trouble after one of many reorganizations that threw AR techs in the reorg. He was pissed & got fugly with her.
She said "Get used to it Jimmy Crack Corn Mutherfuker". I don't know when I laughed harder in that corporate sweatshop.
"We know why he is on CNBS, I am just curious why he is not in prison?"
Same reason Corzine isn't.
The banksters need to repay us.
I like Kramer (Seinfeld)
I don't like Cramer (CNBC)
Where's the dead Cat bounce?
I'd settle for a dead Cramer bounce; dead cats can be useful.
Dead Caterpillar bounce?
well he's got me sold...!
add ur own sarc symbol.
if i knew how to draw on my pc with the dashes and other buttons on keyboard, I would make a symbol of a dick being rammed into an asshole. Thats what this ashkenzi jew is going to do to his loyal followers.
Well, CAT just screwed the pooch, earnings wise... So what THAT tells us about the world economy (America included) ?
"CAT......pooch"....nice
Craterpillar.
It is a good one...if your economy is not doing well...you are not building new things....I think UPS and FED EX are good ones too...if you are not shopping..your economy is nt doing well either
BDI
Update: back down to within 70 of all time lows
I remember cramer saying that because catapillar was over 100 that the world economy was great now its at 79 what is the world economy fuck cramer liar just like his bosses in Washington this economy sucks. I am a salesman 29 years 15 as top salesman in the insurance industry. I am looking for a new sales job and let me assure the ZH ers the economy sucks. Glad I have no debt and stacked when I could so let this country fall to its knees so we can rebuild it
and that's why they frantically called him, post announcement this morning, and he spent the next hour on air pumpin' da market......
Cramer - the only "financial guru" on zero hedge that is hated on more than Marc to Marky Market.
as bad as CAT forecast they will do in 2015 ... that is despite an INCREASE in global GDP for year [CAT forecast]
uh, wait till global GDP turns out to be a "miss" ... and revisit revenue
The question is not if it is bad, the question is - is it bad enough to justify QE.
JC made his millions swindling on Wall Street years ago. Now, he's a bobble-head spoksman for the NWO who own 99% of the Main Stream Media. Take him for entertainment value only. You want financial advice, buy a big dog and buy Gold/Silver. The dollar is almost dead.
<== I'd rather listen to Marshawn Lynch
<== I'd rather listen to Jim Cramer
PHOENIX -- Seattle Seahawks coach Pete Carroll celebrates his players' "uniqueness," and running back Marshawn Lynch certainly stood apart from his teammates Tuesday, even as he faced a $500,000 fine from the NFL.
Marshawn Lynch was threatened with a $500,000 fine by the NFL if he failed to make himself available on Super Bowl media day, according to a source.During the annual Super Bowl media day, Lynch answered every question with some variation of "I'm here so I won't get fined." He occasionally changed the delivery but stuck to his script.
Lynch stayed at his designated podium for 4 minutes, 51 seconds -- over an hour less than all his teammates and coaches -- and was asked 29 questions. At the 4:51 mark, he said "time," stood up and walked away from the microphone.
Thats pretty awesome imo... fuck the media
"The dollar is almost dead." - there is no replacement at this time.
King dollar lives despite standing in a Olympic sized pool of shit - some are underwater (shit), smelling it beats eating it.
Caterpillar showing the economies true colors.
how long till winston smith edits the book??
The Obama recovery just shit its britches.
And now they will spin said shit.
I'm sure it's all due to some rogue outlier or other.
Let me see if I've got this right.
ZH says "Cramer's an idiot"
ZH says "Cramer's a buy-side flunky"
ZH says "Cramer says look to C and C looks weak, so we should really listen closely to Cramer!"
I believe the intent was to demonstrate his willful duplicity. Cramer is an ass hat, regardless..
I'll go with that interpretation and certainly the conclusion.
It's called sarcasm.
That really needed explanation?
CAT spent $4BIL !!! the past 12 months in buy back of their stock...what a waste of money........
That's why the CEO's main worry was raising rates....if they ever do that, him and the others supporting their companies with free money stawks buybacks are truly fucked!
It was an effort to artificially pump 'profit'
Shareholder value uber alles. I suspect that the uber capitalists here on ZH would agree with Milton Friedman's edict that the goal of all corporations is to maximize shareholder value. So, why hold on to cash when times are good - spend it or give it back to the owners MF would say. So, if I were a fracker spending billions to produce more oil but have a positive cash flow in 2013, what should I do? Pay for exploration with borrowed money and return all profit to shareholders, or, might I wish to sit on a large share of profits so I might pick off my dumbass competitors that did the former when times get tough? Ditto for CAT.
We Bulldozed some folks.
John Deer and Caterpillar. Is the filthy insider aware of a new government contract for CAT?
'New govt contract'= 'here's some more free money to buyback even more shares, get busy!'
Announce some layoffs.
Don't leave out Oshkosh.
There is a transloading yard just down from my office that CAT uses to prime their exports on flat racks for ocean transport mostly to the NE Asia.
What was a beehive of activity is pretty much been dead for the last few months. Granted we have labor and congestion issues at the ports in PNW.
But PRC slowdown is undoubtedly hitting them big time. You can read all the Q reports I suppose but what you see with your own eyes it typically unvarnished truth.
Take O&E out of the picture and the USSA eCONomy is comatose.
Same in Galveston...
And the BDI is reflective of this as well...
Cramers 24%/yr performance over a decade was good. His IPO allocations were paid for with limited partners commissions. It's still a circle jerk on the Street. Turney Duff said it best.
Let me give you Mr. Jim Cramer Hedge Fund background in 2000.
He was one of the first to get a margin call on his Hedge Fund. Thus he was saved from massive losses. He was so levered up when it went the other way he was first to get called.
Cramers 'success years' was when even a monkey could pick all winners just by throwing darts at a stock page.
CAT stock looks like it went from one rigged price to a different, albeit lower, rigged price.
Did Jim call the weather forcast as well .......
I clicked on this post hoping for frantic button pushing and zany sound effects. What a letdown.
Oberhelman & CAT are DOA as is the USA, Wall Street, and the Worldwide economy. Not a soul in the Western World understands the algorithm and you all have seven years worth of empirical data to work from.
Cramer says a lot of interesting and correct things. He says you should really listen to conference calls. Listen to Best Buy and pay attention to what they're saying. What products are people buying, what products are people not buying.
I'm guessing most conference calls involve a lot of crying right now.
OK I totally get it now! Here's the real reason behind the Jim Cramer hate:
"Cramer was born to Jewish parents in Wyndmoor, Pennsylvania, a suburb of Philadelphia..."
Yes, it ALWAYS boils down to race right? You can't just think someone is an idiot (Cramer, or say Obama). I must just be a racist no matter what. I fucking give up...
Cramer is a self-made ' whatever Eli Wallach called Clint Eastwood's mother ' in The Good , The Bad and The Ugly.
Man, the discussion went off track onto slamming Kramer, not that he is not slammable...
But, the idea is good. Why I put Oshkosh up above.
Even so, all indicators we have seen on ZH over the last months demonstrate a Big Slowdown.
We have Baltic Dry Index, (low) oil crashing- that is the Big Key to me. How is anyone gonna buy equipment if they default on their bonds? Hell, they won't even stay in business. The Saudis and cohorts can buy these shale jobbers up on the cheap later when oil goes back up.
It really seems like the wheels which we know have been loose are now actually starting to fall off, but always remember TPTB have lots of Tricks.
You know my friend Bob Sacamano. He said he's buying shares of Cat.
I'll never forget the time I had Cramer on the TV and my wife walked in the room. She stopped, looked, watched for a moment and turned to me and said "Is this guy a clown or something?" "Looks like a coke addled middle aged loser" . She picked up the essence of Cramer in less than a minute
That's good! Ive never heard a word he said. whenever I might have come across him, the optic was so disturbing, had to quickly move on. By optic, I mean the idea that he was on one set of bungee cords, and his camerman on a different set. Whew!
Where's a good nailgun when you need one?
Not an ounce of truth in the MF! The epitome of the so called chosen.
To become a butterfly, a caterpillar first digests itself. (Stock buybacks)
But certain groups of cells (Debt Holders) survive,
turning the soup into eyes, wings, antennae and other adult structures.
Eastern Mysticism, very astute observation, ali-ali-al-qomfri!
"Errr.......apple is the most important CC these days"
I don't have time to read it right now, but I'll take a guess. It's BUY BUY BUY!
"Washington Mutual is a bad short!!!"
I never, ever get tired of quoting dick head cramer.
Cramer: Piss off and shut the fuck up, you tool!
Here's classic Cramer on Bear Stearns just before it went broke:
Don't Be Silly on Bear Stearns!https://www.youtube.com/watch?v=V9EbPxTm5_s
Haven't heard from Denis Gartman in a while. I need some more of his anti-tips (I buy whatever he says to selll --- and short everything he says to buy).
Cramer and Gartner should team up. Their joint record of getting everything wrong is incredible.
Cat was involved as a creditor in the QE Bailouts. You know that once your bought....Your Owned.