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Jim Cramer: Why I'm a Stock Picker

I was, am and always will be a stock picker. It's what I do.

When I read about Bill Miller's departure from Legg Mason, the first thing I could think about wasn't, wow, there's our premier stock picker separating from Legg Mason. Nope. I thought instead about how dangerous his concentrated approach is when one of the concentrations -- in this case, the airlines -- goes bad. Because as Karen Cramer always taught me, you are only as good as your last...


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