You absolutely need to explain your stock picks to another humanbeing, says Jim Cramer

you know you don't need me to tell you that the Internet's been kind of a double-edged sword that's true in every area of life including investing I'm sure the web makes everything more convenient right you have all sorts of information available at the push a button in your fingertips something that was unimaginable when I got started in this business it was much harder to do the

homework in the old days it took real effort he says everything is searchable hey and then there's Chachi PT so the internet's great for investing but it also creates tons of new problems and when we have new problems we need new rules to help contain them for example you absolutely have to be able to explain your stock picks to another human being if you can't explain

it you don't understand the story well enough to justify buying this talking question right here's the thing in the old days this rarely came up but the rise of the internet took away one of the most important breaks in the process one of the most important Warning Systems which is talking to another human being about what you want to buy it used to be that you

had to talk to a broker to buy anything now with the stroke of a key you can buy the stock of skyware solutions or an albemar without ever having to tell another person why you're doing it that it's cell phone that it's uh lithium I mean I'm so in even that you don't have to even pay a commission to me I'd much rather have the commission

and some a real person but it might not happen why is this an issue why they need to explain this stuff to someone to anyone else doesn't have to be a professional by the way it could be it could be preferably an adult but you can fall back on explaining your kids would be great finding adult as well you'll listen to you Babble about the market

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