In NY listening to his show. he said, "I have been saying all year this market will be about gadgets. Well folks, the gadget revolution is upon us."
Well, while you're all figuring out what gadget company to buy. I'm buying the one company that they all will coming to for the cases and designer labelling and casing for all the gadgets.
That would be FORD.
If he says buy, it's not necessarily a buy.
If he says sell, it's not necessarily a sell.
He thinks that just because his calls have recently been better than the market by a few percentage points that he's "blowing away the market."
That's idiotic. Beating the market by a few percentage points over time means nothing.
The market is up maybe 50% in 3 years, but I'm up 2,300%.
I'm averaging almost 200% annually since Jan 2003.
Cramer is not. Virtually no one is doing that.