Letters: Sep. 5, 2005
(4 of 4)
Your article about hyperactive stock-market analyst Jim Cramer and his TV show is a sad commentary on the lack of investor savvy in this country [Aug. 15]. People who follow his advice could lose their shirts. Investors would be wise to avoid that kind of infotainment show. If you want entertainment, take in a movie. Instead of trying to outguess other stock pickers, with or without the help of self-styled gurus like Cramer, investors should learn the basics by going online or reading books on financial strategies. Subjecting oneself to the investment hype used to boost network ratings is not part of being a successful investor. When it comes to the likes of Cramer, it's caveat emptor.
GEORGE VRHEL
Sterling, Ill.
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