Wednesday, February 18, 2009

Jim Cramer Warns Investors: Don't Follow Warren Buffett This Time

Attn all investors: It's different this time, don't follow Buffett. At least that's what Jim Cramer says.

CNBC Mad Money host Jim Cramer doesn't like what he sees in Warren Buffett's latest stock moves for Berkshire Hathaway, and doesn't think ordinary investors should follow the Omaha billionaire's lead this time around.

Buffett's holding company released its fourth quarter portfolio snapshot earlier tonight. It revealed a big reduction in Berkshire's holdings of Johnson & Johnson [JNJ 55.98 -1.12 (-1.96%) ].

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