Professor Cramer is big on doing homework – you know that. But he's also OK with following the big money here and there. The fact is, everybody likes to follow the money. Investors will go out of their way to imitate Bill Gates or move lock step with Warren Buffett – and Cramer is just fine with that. We all want people we can copy, so it might as well be the richest guys in the world. But people tend to ignore someone who Cramer thinks is the single greatest model of investing there is – a guy who made his name by buying stocks and who has now displaced Buffett as number two on the Forbes list. If you're going to piggyback off a winner, Cramer says, Carlos Slim is your man.
Slim is a Mexican businessman who has his hand mostly in the Latin American telecommunications industry. According to Forbes, he's worth more than $53 billion. And while Warren Buffett made his money by being a great businessman, Slim got rich by being a great stock picker.