Jim Cramer Questions, "How the Heck am I Supposed to Know?"
Jim Cramer writes an interesting piece regarding the blowups of Howard Lester, Sumner Redstone, Aubrey McClendon, and Sheldon Adelson; supposedly smart individuals who should have known better.
Mr. Cramer makes the point that if these insiders can get crushed with margin calls, what chance can the average investor have.
SMA Comment: When you speculate with borrowed money anything can happen. I know from experience.
Source:
http://www.thestreet.com/story/10446688/1/cramer-four-reasons-to-be-skittish.html
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