Worlds apart, Cramer and Orman speak to totally different classes of investors. Jim Cramer is the fast-talking showman talking primarily about stocks and Suze Orman is a slow-talking educator preferring funds. While Cramer likes to jump around playing with bells and whistles, Orman is making sure she speaks clearly and enunciates to her audience so they can understand and follow along.
The biggest difference between the two gurus is that Orman is interested in what you do with 90% of your assets and Cramer is only interested in the 10% Mad Money. Orman talks about getting people started on actually thinking about their personal finances and financial well-being. Cramer is interested in the sport of investing. He gets a rush from the whole subject. Orman is in no rush and much more sedate. Clearly Orman offers far more sound advice in the form of broad investing principles you can live by year in and year out with a minimal amount of work. That said, watching her is like going to your history and geography class. Valuable information, but not the highest form of entertainment. Cramer is a stock trader, and that fact by itself has proven to be harmful to most investors, even professionals. But his investment broadcasts are more like visiting the sports book in Las Vegas with 100 games in play at the same time.
Cramer and Orman are both entrepreneurs who have written books, lectured, done radio and television, and made money from a variety of different revenue streams. Jim Cramer, self-professed hedge fund manager extraordinaire, retired from that enterprise to focus on his internet start-up TheStreet.com, which is a mix of online business journal and constant Cramer promotional.
I have not heard either guru discuss the benefits or goal of generating multiple revenue streams. Orman sticks to investing basics for the beginner while Cramer loves to talk stocks. If you are just starting out, watch Suze O. If you want to be entertained, and I caution, be very careful about following his investment style, watch James C. There is plenty to learn from Cramer about what to do and what not to do; the only problem is you need some kind of filter when you watch and the only ones I can think of involve heavy doses lot of patience, experience, and maturity.
The advice offered by Suze Orman can help you build a solid financial foundation for your future. She talks about simple things like reducing credit card debt, having a savings plan, index investing, building up equity, and other basics. Consider it steps 1 through 9. Cramer rants to a more sophisticated audience, suggesting some icing on your portfolio cake and the outside chance of greater rewards in step 10, but is not essential. He talks about owning as few as five stocks in a diversified portfolio, what stocks are hot today and what are not, and why he thinks so. Cramer always says you should do your homework. I agree, and if you do you will conclude Orman is a safer bet.
Read Chasing Value or Serious Money to find potential opportunities, and to verify my track record, as well.
Sheldon Liber is the CEO of a small private investment company and the principal for design and research at an architecture & planning firm. He is on the advisory board of Internet start-up CircleBuilder.com.
Vote in our poll for Suze Orman or Jim Cramer, and let us know in the comments why your choice has the financial edge in this match-up. Also be sure to check out our other Money Face-Offs.










Reader Comments (Page 1 of 1)
9-16-2007 @ 6:49PM
Emmanuel Lea said...
Cramer not dealing with money in general,the way Suze Orman is, He deal with Mad Money that part of your Asset you don't want to lose but can afford to lose.
9-16-2007 @ 7:00PM
fern said...
suze makes sense.kramer is for amusement only.....................
9-16-2007 @ 9:25PM
LARRY SLOAN said...
I LEARNED YEARS AGO WHEN SOMEONE SAYS "TRUST ME" OR YELLS AT ME THAT I SHOULD WALK AWAY.
CRAMERS RANTING MAKES SOME OF THE OLD TALKING HEAD SHOWS (MCCLOUGHLLIN GROUP) SEEM SEDATE. I COULD NOT AND WOULD NOT WATCH THEM, WHY SHOULD I SUBJECT MYSELF TO CRAMER?
9-16-2007 @ 10:24PM
61857 said...
- Suze Orman is a FAKE. She alleges she was a waitress better look at her IRS records, never at any time did she work as a quote "WAITRESS" she's FAKE, phony once you investigate her background you'll discover she blabs outloud but has very little else going on.
9-16-2007 @ 10:33PM
Sheldon L said...
Regardless of whether one was a waitress or not has no relationship to the quality of advice. On this count Orman is very good and very helpful. Cramer claims to have been homeless and lived out of his car. That shows some fortitiude but is not relevant to his current day job.
9-17-2007 @ 10:55AM
Alice said...
Suze got to where she's at by stealing from her previous girlfriends. No matter how obnoxious Jim Kramer's style is, at least it doesn't disgust me to look at him, and hopefully he's not a hypocrite like Suze is.
12-03-2007 @ 8:04PM
Wayne said...
Your charge of Suze Orman "stealing" from previous girlfriends needs evidence. What is it?
9-17-2007 @ 11:34AM
Sheldon L said...
To those that hate Orman. If your Pastor, Priest Rabbi or Iman was perfect but knew nothing about investing woud you take their advice over a person whose morals you question that was an expert offering sound advice?
9-17-2007 @ 11:34AM
FELIX SOTO said...
kramer comes off like a trooper, but the lady appears to be holding back gas.
9-17-2007 @ 11:38AM
Sheldon L said...
I agree Felix; I thought the same thing when I saw the pics that were added...not my call.
;-)
9-17-2007 @ 2:27PM
The Alarmist said...
Hmmm...too bad the poll doesn't off a "neither" choice. Both of them aren't bad people (morally), but Suze offer stable, yet pedestrian new age vague advise that leaves a lot to be desired, and Crammer offers unstable, yet interestingly risky advise that offers an enjoyable social way to lose money.
I don't dislike either person and wish them well, but I wouldn't put too much cash behind their ideas even with further personal due diligence.
/Shepard
9-18-2007 @ 8:52AM
Michael Weiss said...
This is a classic battle between two marketing experts. Both Jim Cramer and Suze Orman do a great job of promoting themselves on television. I cannot comment on the quality of Cramer’s stock picks, but I can say that he been a successful hedge fund manager and has a very good educational background.
Michael Weiss
The Editor
The Mutual Fund Investor
http://www.mutualfundinvestor.net
10-18-2007 @ 6:12PM
Brandon said...
Orman is a liar and a moron. Do background checks and you will find out that she lies about her time on Wall Street, where she derives her income, and how many "clients" she has. Cramer talks about making money in the stock market... period! He focuses on what he is good at. Orman gives cookie cutter advice on a variety of financial matters in a "perfect world". "Pay off your credit cards, pay off your mortgage, only buy term insurace..." The reality is that most people have bigger mortgages then when they first bought the house, and that most people need life insurance for a much longer period of time then a term policy can stay inforce.
11-24-2007 @ 1:32PM
Angela said...
I like both of them. Susie has a financial plan for life and good for people just starting out and with Jim you should be playing some "mad money" not your nest egg. Jim is for a more financially mature audience.
11-24-2007 @ 5:48PM
Brockage said...
At the extremes all Suzy has to say is pay off your credit cards and all Cramer has to say is do your homework, but closer up each has a drill -- one, for the trader, not the long investor, and the other, for folks who just haven't given much thought to the accumulation of savings and ultimately investing. There's plenty of room for both in my world.