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In Defense Of ETFs: A Response To Mad Money’s Jim Cramer
FYI: Jim Cramer does not like exchange traded funds. On CNBC Mad Money, Cramer railed against ETFs, claiming that “they often create enormous distortions that can obliterate even the best of stocks” and questioned the vehicles’ diversification benefits. Investors should buy single stocks — the best in a growing sector — and avoid baskets that may contain “mediocre” names and weigh on potential returns, he says. Regards, Ted http://blogs.barrons.com/focusonfunds/2017/03/23/in-defense-of-etfs-a-response-to-mad-moneys-jim-cramer/tab/print/
