More Watercooler talk – Jim Cramer

The Motley Fool takes a few interesting swipes at Tuesday night’s guest, Jim Cramer:

Jim Cramer Is a Rule Breaker
Come clean, Jimbo. You know you like us.
By Rick Aristotle Munarriz
Updated: 5:35 a.m. CT Jan 12, 2007

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Truthiness in advertising
When Cramer appeared on The Colbert Report earlier this week, Stephen Colbert ultimately pressed the goateed one to single out the one stock that will make everyone rich.

Cramer’s pick? Rule Breakers recommendation NYSE Group (NYSE: NYX).

I can’t fault the logic. He likes the stock here — above the $100 mark — and the legendary exchange is on a roll. The funny thing about that, though, is that Rule Breakers subscribers got in nearly two years ago, at $20.42 a pop.

The five-bagger was possible because David Gardner recommended Archipelago Holdings to followers of his growth-stock service in the February 2005 issue at that price. NYSE eventually merged with Archipelago in a shrewd move, allowing it to go public while also cashing in on the fast-growing ArcaEx electronic trading platform.

You probably know where the old Rick would have gone with this. I would have suggested following up Cramer’s new book — ‘Watch TV, Get Rich’ — with our own ‘Read Us, Get Richer’. (We do have the same publisher.)

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Will we agree to disagree on patience? Of course. His high-flying show finds Cramer darting in and out of promising companies like a game of Frogger on speed. It can be a commission-churning nightmare.

However, when he finds himself on the national Comedy Central stage and decides to bypass tens of thousands of publicly traded tickers to settle on one of our newsletter’s greatest success stories, we can’t be all that far apart.

We accept him. We accept him. One of us. One of us.

We’re all freaks, my friend.

And that’s tonight’s word.

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