After years of breaking down market movements for investors, often at risk of being wrong, CNBC's Jim Cramer is taking a stand against market commentators who feel safe, but they never really help the average stock picker.
Cramer argued that it is too easy for commentators to "get confused", to detail both sides of a problem but not offer a solution, or to place themselves permanently in the bullish or bearish field, which he said is "equally useless". Similarly, it is easy for someone to tell investors to stay away from stock selection, he added.
"The problem is that none of that is really advice that is useful to regular investors," Cramer said. "You should try to explain the risks and the rewards, you should try to help people avoid a major inconvenience, even if the market can recover within a period of five years, as was the case from 2007 to 2012."
At this time, Cramer believes that the actions have "a lot of risk and not much reward," something he knows that people do not necessarily want to hear. But, in his opinion, honesty is more useful to individual investors than eternal optimism.
"If you want insipid opinions or a permanent optimism, believe me, you have many different options to choose from," he said. "But as far as I'm concerned, that kind of analysis is not very useful, I'd rather try to do it well and help people, that's why I come here every night, even tonight, and I'm telling the truth. I see, even when it makes me nervous on social networks, and even when I'm wrong, either because of lack of understanding or simply because of bad luck. "