The ones who make money are Cramer himself, his brothers-in-laws and the crew who know what he is going to recommend before the show.
I read an article a while ago that he did not do well in his recommendations - Cramer and his beneficiaries must cash in already before the herd.
Buy low and sell high is my game. Buy high and sell higher is a fool's game except when market conditions favor momentum - not today's with so many deeply valued stocks.
By law, advisers do not have to include dividends in the benchmarks like S&P 500 but his holdings can, so hence make him look better. Different rules for mutual funds.
Related links.
Herd theory.
No investor heroes.
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