Proof Cramer is a fraud and a nut job

Quote from Covertibility:

Did Cramer say anything about the banks/brokers in between the 2 time frames? If he changed his mind during the week then the video is irrelevant.

I agree.

The only real measure is how is Cramer's portfolio doing. Or, if he has a "show portfolio" for the TV show, how is that doing.

Everything else is noise.
 
Quote from makloda:

The biggest mystery to me is why would a guy like Cramer who is worth at least $50m, $75m or even $100m wake up at 4:30am, drive one hour to get to his TheStreet.com office, then drive to the TV studio and tape his TV show for some ridiculous salary. Waste 12 hours a day for what?

Why doesn't he retire for good?

Either he likes the attention, is a workaholic, or genuinely thinks he is doing a good job and helping his viewers.
 
Quote from Cutten:
The only real measure is how is Cramer's portfolio doing. Or, if he has a "show portfolio" for the TV show, how is that doing.
He does ("ACTION ALERTS CHARITABLE TRUST") and I believe he is under performing the SP500 over any type of time frame from inception (2004? 2005?) until now.

Anybody (a subscriber) have the exact numbers?
 
Quote from Cutten:

Either he likes the attention, is a workaholic, or genuinely thinks he is doing a good job and helping his viewers.

Mitchell in Deepcapture.com calls him a sociopath, or some term along those lines.

Or, as the old guys would say about guys like him, 'he just ain't right."

http://www.deepcapture.com/index.php?s=cramer+sociopath

"Cramer, who is a sociopath, owns TheStreet.com with Marty Peretz, who is an aristocrat. Peretz is also the former editor of the New Republic magazine. He dabbles in high finance and Harvard professing, which has resulted in his entrusting a large portion of his family fortune to a close-knit group of hedge fund managers, several of whom were his students. For example, Cramer was his student. Then Cramer was destitute. He lived in a car with a loaded gun hidden under the seat. Eventually, though, Peretz gave Cramer some money to start a hedge fund, which Cramer managed with celebrated ruthlessness until he resolved to seek spiritual enlightenment as a TV news host."

Good read, if you want to try and understand him.
 
Quote from eusdaiki:

what amazes me... is that someone still needs proof that this clown is a nut job...



I consider his show comedy...


The fact that he became so popular with college trash and other vermin is proof that we are doomed.
 
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