Someone brought to my attention that none other than Jim Cramer – who, inexplicably, is considered some kind of stock market god – strongly suggested everyone buy Sears back in 2007, calling it “the next Berkshire Hathaway”.
It looks like he made this urgent “buy” suggestion at pretty much the millisecond the stock peaked. It is down over 99% now. I wonder if they ever mention this on CNBC?
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