In today's comic strip, we take aim at media personality Jim Cramer, host of Mad Money.
One of the most important lessons I've learned over the years is that I am, without question, a long-term buy-and-hold investor. I buy stocks that I enjoy following and understand. These include names such as Netflix, Chipotle, and Under Armour. I not only get the essence of these businesses, but trust management and believe they will still be around, and larger, in the coming five to 10 years. The beauty part of LTBH is that I'm a lazy, lazy, lazy man. I don't want to have to check in daily, weekly, or even monthly with my stocks. That's like dating a too-needy woman. I like to keep things simple, buy great companies I understand, and hold them until I can't take it any longer or die. Like my marriage.
While I have tremendous respect for Jim Cramer's intelligence, charisma, and ability to entertain, I can't fathom how anyone can seriously manage their family fortune by following his "mad" style. For example, I bought Netflix roughly five years ago. Over the years, I would periodically tune in to Mad Money to see if Cramer mentioned the stock. He has, many times. And virtually every time he had a different opinion. Buy it. Sell it. Hold it. On and on. To this day, I don't know if he's a momentum investor, day trader, LTBH guy, or what. I just know that he's always fun to watch, and the total madness of the show got me thinking about what it must be like behind the scenes. This comic is what comes to mind.
For more on the Mad Money host, check out Rick Munarriz's 3 Words for Jim Cramer.
Fool contributor Daniel Joshua Rubin owns share of Chipotle. Chipotle and Under Armour are Motley Fool Rule Breakers selections. Netflix is a Motley Fool Stock Advisor selection. The Fool has a disclosure policy.