John Oliver on Jim Cramer
https://youtu.be/VAfGa5fsOm4
Whether you’re a client, friend, fellow advisor, or future client, if you’ve followed our thinking for more than a few months, you already know that we have a timeless investment philosophy: own global capitalism in a highly diversified (thousands of stocks), low-cost, tax-efficient manner rather than trying to select individual stocks or managers. Hill and our clients are investors. Jim Cramer and stock pickers are gamblers. A corollary is: remain invested all the time…good times and bad; don’t try to time the market. This brief and hilarious John Oliver video highlights the poster child of stock picking, CNBC’s Jim Cramer, and some of his “amazing” stock picks along with their results.
Let’s talk if you’re an investor and not yet a client!