Cramer's letter (June 23rd)

actaully his overall performance does mean something. He can say whatever he wants on his show, who cares.

But he does run an "action alerts" portfolio which is a better predictor of any value added. He also charges for this product and a few other products on his site.
 
don't forget it doesn't include the early stuff (before or after 9/11, i forget which).

and as a point of comparison - his 4 or 5 year performance is a fair bit worse than if you just bought the Qs or the spoos..
 
I ran a regression on 5 years of Cramer calls and articles.

The program took 2 hours to come up with a detailed analysis. This is what it said.

RESULTS: Cramer is a dick
 
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