Mad Money Machine

by Paul Douglas Boyer

Bet Against Cramer, Make Money

Barrons continues their analysis of Jim Cramer’s Mad Money stock recommendations. Bottom line is that their analysis confirms what I learned by experience back in 2006: Cramer’s stock picks are worse than just buying and holding index funds. They actually suggest that buying short-term in-the-money puts on Jim’s recommendations can make you money. They say, "Those bets could earn over 25% in a month, Chen concludes, at the expense of Cramer’s fans." Hmmmm, maybe I’ll try that.

Wed, February 11 2009 » Analysis, Blog, Cramer