Many people love to Watch Jim Cramer but I have warned in previous postings just watch the talking heads on TV as entertainment and nothing else. The following videos are pretty funny.

Here is Jim on the Jon Stewart show to defend himself.

There’s a lot of investors out there who listen and blindly buy stocks from the talking heads on TV. This is the fastest way to lose your money. If you’re watching the CNBC show Fast Money or Mad Money for your stock picks you might might as well send me a check in the mail and save your time.

Many people look to Jim Cramer as their hero but his show is entertaining at best. Records show that he has underperformed the market in the last few years. Sure he did well when he ran his private hedge fund but what most investors don’t realize is that past performance does not guarantee future results.

Just like playing Black Jack, just because you lost 5 times does not guarantee the next hand is a winner.

Here is a funny video from Fox Business News: