<p>I see where Jim Cramer’s “MadMoney” (CNBC TV) series is going to be at the Kelley School of Business at IU this coming Wednesday, April 4th. I was just wondering if anybody on here currently a student at Kelley was planning to attend.</p>
<p>Last year the show aired from (in order) Harvard, Univ of Michigan, Columbia, Boston College, and Georgetown. (Wharton–Univ of Penn was on the schedule but cancelled on account of “logistical” problems).</p>
<p>This year the show has aired from Univ of Virginia, and Univ of Texas, and the next stops are Indiana Univ and Georgia Tech.</p>
<p>Not me personally. Besides, I have to question whether the people on the show represent a school’s student body in any way, shape, or form. </p>
<p>I just know that the people at Kelley lobbied to get the show to come to Bloomington to film the episode, so I was curious whether the students were:
(1) excited to be lumped in with other top-ranked business schools/elite colleges, (2) bored and uninterested in the show being taped there, (3) amused at the antics that go on at this show, or (4) questioning why this show was invited in the first place.</p>
<p>My son falls into category (2)–and his mom flies in that day for a visit anyway–so he won’t be there. But I think the show is amusing–and for the most part, Cramer has more “hits” than “misses” and gives much better investing advice than the average TV commentator. I know his advice last August on taking a look at the “Coach” handbag business (COH) after their small pullback has been personally rewarding for me. (In at $32 in August , out at $43 in December --it is currently trading at $50 now at the end of March, so obviously I got out a bit too early, but I didn’t mind making a 35% gain in 4 months. Have to pay for college somehow, you know.)</p>
<p>P.S. I rarely invest in what he suggests, but his suggestions do provide a starting point for doing my own investing “homework”.</p>
<p>I was only able to watch 20 minutes of the show. You can’t really get a read on the school from the show, but there was a lot of enthusiasm and good looking students.</p>
<p>I like that comment too. That comment embarrassed Jim Cramer. It stopped Jim Cramer in his tracks. If people listen to Cuban, Cramer has no show and his shtick plays to nobody.</p>
<p>I do believe that Cuban’s remark was meant to convey that at a young age you should be investing in your own education and training before investing in financial instruments like stocks. (Great advice, I might add). And I think he was also pointing out that investing in a stock without really understanding it’s business model is foolish–although, this is, unfortunately, how many people invest–including probably many of Cramer’s viewers.</p>