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The Humbling Of Jim Cramer

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by Jeff Bercovici
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Oct 20 2008 1:45pm EDT

The Humbling of Jim Cramer

If you think being wrong about some of the biggest developments on Wall Street in this turbulent season, and getting lampooned for it by his rivals at Fox Business Network, has swiped some of the hot air from Jim Cramer's sail -- well, you'd be right.

David Carr profiles the manic Mad Money host in his New York Times column today, and finds a new, humbler Cramer -- one who seems to have learned a lesson from mistakes like touting Wachovia and defending Bear Stearns.

"It's just a bear trying to do a show in this environment," puns Cramer (unintentionally?). "We are still going to try and find things, but it's harder to have a good batting average. It is harder to get it right than any time I have seen in my career."

(Of course, there are those who would say Cramer's slump at the plate predates the current Wall Street chaos by a long time.)

"I'm a home team guy and my home team is the bulls in my audience," he adds. "Right now, my team is losing."

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