On The Bright Side, Now You Can Get Into Heaven

WWJCD? Ask yourself that question and then do the opposite.

JC here stands for Jim Cramer (who has been unfavorably compared to a monkey but the site seems messed up so I won't bother linking it) who gave this brilliant advice a week ago, 3/11/08.

Just in case you haven't heard, Bear Stearns agreed to be bought at $2/share this past weekend. If you listened to JC, you lost $65/share in less than a week.

Of course, JC would tell you that if you listened to him, you would have a nice, diversified portfolio to hedge against any big loser (or winner but he won't say that). The question is: If you are listening to someone's stock picking advice, why on Earth would you want or need diversity?! If he (or she) is not telling you sure winners, why the f*** are you listening to them?

You'd be better off playing with your own monkey.