Mad Money Machine

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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.

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Wed, February 11 2009 » Analysis, Blog, Cramer