1445 FBF: Direct Investing vs Group Investing with Jim Cramer of Mad Money & TheStreet.com

Today’s FlashBack Friday Episode was originally published on May 10, 2016. 

Jason explores the benefits of being a direct investor and the problems of group investing or pooling money and going into other people’s deals, businesses, partnerships, LLC’s, REIT’s, or TICS. Hear a chat with Jim Cramer of Mad Money and The Street.com.

Key Takeaways:

[2:00] The hardest ship to sail is a partnership. Investing is a partnership. Thou shalt maintain control. Don’t invest in anyone else’s deal.

[8:00] How many of you have ever worked for a publicly-traded company? Those who do have often said that what goes on inside the company has almost no relation to what’s happening with that company’s stock. 

[11:00] Companies have three groups to please: customers, shareholders, and employees. What companies are able to please all three simultaneously?

[18:00] “Pools are for Fools” - we should NOT be investing our money in anyone else’s deal. We buy our own property, and then keep our profits for ourselves.

[22:00] Bob Citron and how he invested with Merrill Lynch that led to Orange County filing bankruptcy. 

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