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IPFS News Link • The Daily Show with Jon Stewart & Stephen Colbert

Jon Stewart and Jim Cramer: The Extended Daily Show Interview

• Comedy Central
Jim Cramer and Jon Stewart went toe-to-toe last night. But you didn't see everything. Much of the interview had to be cut for time. But this is the internet, where all we have is time. So here is the exclusive, uncensored, complete 3-part intervi

3 Comments in Response to

Comment by Brock Lorber
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Reminiscences of a Stock Operator - Edwin Lefevre

Comment by Brock Lorber
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"In my interviews with over thirty of the best traders of our time, there were some questions that I raised in each conversation. One of these was: Are there any books that you found particularly valuable and would recommend to aspiring traders? By far, the most frequent response was Reminiscences of a Stock Operator - a book that was over seventy years old!" - from the Forward by Jack Schwager

Yes, Reminiscences is a novel, but one that Stewart has obviously never read. Cramer basically re-wrote the novel via intra-day dispatches on in the late 90s - he convinced me, at least, that a long-term strategy was worthless and proved the existence, in real time, of the stock and commodity market mechanisms described in the novel.

There are, indeed, two markets, Jon, and a lot of people bought in to the hype; however, the sober information was and is readily available to anyone who cares to educate themselves before they plunge their life savings into a mutual fund or bet their home on a neg-am mortgage.

Comment by Ernest Hancock
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Stallion Stewart does it again!