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.  Websites: Jason Hartman University Membership 1-800-HARTMAN www.JasonHartman.com Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) Jason Hartman’s Blogcast