It surprises me that he is still employed, especially with how pervasive the meme is against him. The whole "Uh oh Jim Cramer just endorsed something, that means its going to fail catastrophically momentarily!" which is quite funny....especially when it fucking does
There's a fund that may be a meme that just bets against Jim Kramer. I don't believe that anyone can help you by giving you consensus wallstreet opinion, as that is baked into prices. I think people taking Kramer advice are looking for relatively more immediate profits than they should be. Unless you're going to get into frequent trading, which I don't think profits most people, you're better off investing in solid companies and keeping it there and not just looking to the next quarter.
IMO the one advantage that the individual investor has over a profession is patience. You do not have to justify quarterly reports to yourself. You can bet much longer term than WS thinks, and if you invest in good ones, you will beat the market in the end.
I am regularly appalled at how Jim Kramer is tolerated by economists and the financial sector.
His sole purpose in life is to make working class and middle class gullible people lose their life savings.
It surprises me that he is still employed, especially with how pervasive the meme is against him. The whole "Uh oh Jim Cramer just endorsed something, that means its going to fail catastrophically momentarily!" which is quite funny....especially when it fucking does
There's a fund that may be a meme that just bets against Jim Kramer. I don't believe that anyone can help you by giving you consensus wallstreet opinion, as that is baked into prices. I think people taking Kramer advice are looking for relatively more immediate profits than they should be. Unless you're going to get into frequent trading, which I don't think profits most people, you're better off investing in solid companies and keeping it there and not just looking to the next quarter.
There was an actual inverse ETF on everything Jim picked called SJIM.
IMO the one advantage that the individual investor has over a profession is patience. You do not have to justify quarterly reports to yourself. You can bet much longer term than WS thinks, and if you invest in good ones, you will beat the market in the end.