Larry Bertok : The Todays Show and Jim Cramer

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The Todays Show and Jim Cramer

By: Larry Bertok
Saturday, September 29, 2007 4:35 PM

I was wondering if anyone saw The Today’s Show when Jim Cramer told all the listeners “don’t you dare buy a home this year”. I was so struck by this I just had to look into Jim Cramer and just how accurate he has been in the past and who he is doing now. I have found that he has more misses then hits when it came to the stock market and now I have came to the conclusion that he is nothing more the just an entertainer trying to please his investors for his tv. show. I plan on talking about him and his statement tomorrow on Sunday from noon-1:00 on 1370 wspd. I think it would be a good idea to share our views as to how our real estate market is and how buying a home is not like buying a stock. If you are interested in listening to my radio show, you can go to wspd.com and click the listen live tap. I have a live show and I will be taking calls so if you have a comment please call in. You can call 1 866 321 1370.

Comments

Member Since '03	Gary Szolosi said: Larry I will be calling in and I agree that Cramer is more show that substance. With his bells and whistles and sound effects he is entertaining but not that credible. I am surprised at how many people take him serious. Since most of his stocks when he recommends as a buy are at the top, his home predictions fits his profile. September 29, 2007 5:22 PM
Member Since '07	Candice A Donofrio said: [Larry sez: I have came to the conclusion that he is nothing more the just an entertainer trying to please his investors for his tv. show.] Always consider the source. September 30, 2007 6:28 AM
Member Since '06	Larry Bertok said: I feel it is important to let the home buyers and sellers know that in our industry, they are in a perfect position to sell right and buy right. I spoke with a city council member on Friday and we talked about how the news only wants to talk about the doom and gloom in our market. I feel that this is because, in there eyes bad news brings listeners and good news is boring. I hope a few of our reliberation poster will listen to my radio today and call in with there market conditions and let the public know we are not in the Armageddon with the housing market. My radio show is in OH. And I have been seeing great deals for both buyers and sellers. We need to be fighting back and inform our local community the truth about Real Estate. September 30, 2007 6:56 AM
Member Since '07	Candice A Donofrio said: That's right Larry . . . "If it bleeds, it leads!" LOL I don't think we need to fight as much as just keep going with the flow and proving otherwise via setting an example. Soon enough, the furor over real estate will subside as did blue collar stock market millionaires and the dot com frenzy before it, and the new 'thing du jour' will take over. Leaving people with only one dominant sentiment: real estate will always be traded. It's not optional to have a place to live and work. September 30, 2007 7:23 AM
Member Since '06	Larry Bertok said: I will be going on air in an hour from now if anyone wants to tune in. Go to wspd.com and click on the listen live icon. Thank you September 30, 2007 8:56 AM
Member Since '07	Shelly Constantz said: Larry, I learned long ago, that when I hear NEVER, ALWAYS, and SHOULD in a sentence concerning me and my money... to run (not walk) as fast I possibly could away!!! The man is a nut. I also participate on a forum with many saavy civilians (meaning not in RE), and they were talking about this. The consensus is the man is blowhard and not to listen to a word he says. In fact, with his track record, you might want to do the opposite!! Glad they know too. Shelly September 30, 2007 10:29 AM
Member Since '03	Ginny Lee's Team said: Hi Shelly & Larry...I heard the same bad news about Jom Cramer so I don't think he has the best reputation in town ..he is just a show man trying to get attention and get paid to do T.V...The more obnoxious he is the more he gets paid. I just wish the new President of NAR could have stood up to him better! Now is the time to buy in Naples...it hasn't been this good for 2 years! Ginny Lee September 30, 2007 12:19 PM
Member Since '07	Bill Thompson, REALTOR® said: Jim Cramer is to the financial world what shock jocks are to the radio world, loud, in your face, anything for ratings...the more outrageous the better. No one cares about truth, it is all about ratings. October 1, 2007 10:30 AM
Support Staff	Carey Tufts said: Jim Cramer's advice vs. Warren Buffet's advice: One screams and flails and rants and raves and grossly exaggerates to get people to listen to him. The other doesn't have to. October 1, 2007 10:46 AM
Member Since '07	Jo Gibson said: I also saw that episode. I received a call from a client in Virginia (I'm in SC) and she asked how slow was the market here. I told her the truth. We don't read the New York papers here so their Real Estate projections don't seem to influence our markets. People still get promoted or married or have more children. The rates are still good and the market is as strong as the people driving it. October 2, 2007 11:18 AM