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Granville, Cramer and the Second Coming

 

Editor's Note: This column by Doug Kass is a special bonus for TheStreet.com readers. It appeared on Street Insight on Jan 12. To sign up for Street Insight, please click here.


Market Gurus Have Their Moments

More than anything else over the last 20 years, I have learned that financial popularity has its seasons, so it is important to explore the Joe Granville/Jim Cramer parallel. Like Granville, Jim "El Capitan" Cramer has become a market guru, and investors, traders and viewers have had an animated response to his Granville-like wild gestures and animated personality. He has recently graced the cover of BusinessWeek, and, like Joe, he is so influential that the mere mention of a stock on his CNBC "Mad Money" program causes an instantaneous response (with some stocks rising as much as 10% in overnight trading).

"Sell Everything" Reaches (Nearly) Everyone

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