Cash under the mattress

I could not resist posting a note about the safety of cash under a mattress in this fear/panic situation in the stock markets. Clearly many, many people have been planning for this situation as you can see from Sealy's earnings

Sealy Corp. (ZZ US): The world's largest bedding manufacturer reported third-quarter sales of $405 million, topping the average analyst estimate by 3.9 percent, according to a Bloomberg survey. The stock fell 18 percent to $4.05 in regular trading. Source

Have you bought your mattress yet? Buy it on credit and keep cash under it. Just kidding. I am not giving you any type of stock advice without charging money, so no stock advice today kids.

Stock Picking and Sectors Cramer

I read this article posted on street.com where Jim Cramer explains how to make the most of his Madmoney TV show. He explains about the fundamental reasons why he likes certain stocks which will produce long term gains or how he does not like certain sectors leading him to show a thumbs down for a particular stock from that sector.
He also talks about how private equity firms like companies with strong cash flow, low debt etc., which make said companies good takeover targets. Overall Cramer mentions that he cannot make you rich, but if you follow his guidance and do your homework, you can make yourself rich. To read the complete article visit his site.