Cramer: Entertaining, but frustrating

Rick Munarriz of The Motley Fool writes about CNBC “Mad Money” host Jim Cramer and how he finds him both entertaining but frustrating to watch.

Munarriz writes, “Cramer is a polarizing figure. Some people love him. Some people hate him. Either way, everybody has an opinion on financial journalism’s reigning rock star.

“I’ll confess to being entertained — and on occasion enlightened — by the Mad Money star. However, there is nothing I hate more than when Cramer opens up the phones to kick off the Mad Money Lightning Round.

“In rat-a-tat-tat fashion, callers will swap booyahs and holler a ticker symbol Cramer’s way. They’ll get a snappy line or two in response, occasionally with a silly sound effect as an exclamation point.

“It may be entertaining to watch, but it’s the equivalent of nails against a chalkboard to me as an investor. After all, we’re all looking for stock ideas. It’s just not right to boil down due diligence to the ring of a cash register or a charging bull.”

Read more here.