CNBC: Cramer Flips Out On Dan Solin

April 17th, 2009 by alyx · 5 Comments · cnbc, jim cramer

Note to Dan Solin: don’t throw stones at Jim Cramer if he’s within earshot. (Well, not unless you want to inspire some insane ranting.) h/t to The Business Insider for this one:

CNBC had Dan Solin, the author of The Smartest 401k Book You’ll Ever Read on as a guest today. After the host asked him what people could do better to save for retirement, Solin answered:

“One of the things that you could do is to give us more ‘In Bogle we Trust’ and much less ‘In Cramer we Trust’.”

Moments later, Cramer barged on to the set to respond.

“The S&P is flat literally for ten years. That’s Jon Bogle’s world. If you were to sell at 11,000 like I told you in September, 10,000 like I told you in December, and then get back in at 6,500, who wins? Is that so bad? Is that worth not trusting in? I’ve had it with the people who tell me about the index fund. For ten years they’ve done nothing! For ten years! When do they get called on the carpet? When are they ever wrong? Do we have to wait another ten years? Enough of this! I’ve said my piece. Happy 20th!”

The vid:

BG asks me – why didn’t Cramer come out swinging like this on Jon Stewart’s show? Good question.

Unrelated, but here’s some special “Because It’s Friday” additional linkage – check out this picture Dealbreaker dug up of Lynn Tilton. I bet the eighties were fun.

5 Comments so far ↓

  • NutellaonToast

    For 10 years we were making money (that didn’t exist)! Obviously, our system was perfect! Enough of this! I refuse to let people tell me that the unsustainable bullshit I was peddling was in fact, unsustainable bullshit. I’ve said my piece!

  • Jason

    Does the guy who’s supposed to give Cramer his pills have the day off today?

  • alyx

    I am going to try to tune in tonight, see if maybe they’ve given him a tranq dart to the rear since then.

  • wild

    This is so exciting, ‘I TOLD YOU SO’ barking walrus’, attempting to boost his rating of posted catagories at LOLfed on par with Timmay. >>>reaching for popcorn.

    wild;)

  • DERIK HOWARD

    Dan Solin!
    He’s soooo slow.
    Probably retarded.

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