What's Jim Cramer's investment record like?

j00fek

Diamond Member
Dec 19, 2005
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i read that he made like 15 mill in one day back in the 90's after that nothing much i know

that show is crazy tho :p
 

JS80

Lifer
Oct 24, 2005
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Originally posted by: j00fek
i read that he made like 15 mill in one day back in the 90's after that nothing much i know

that show is crazy tho :p

for ever 1 jim cramer that makes 15M in 1 day there is another that loses that much. his style of trade (in the past) is short of gambling.

he's gotten a little better now that he's made his fortune. he does move stock prices with his show though.
 

Drakkon

Diamond Member
Aug 14, 2001
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i read in some book that he is more of a gambler than anything. When he wins he wins big when he looses his losses are huge.
but he wouldnt be where he is today if he didnt have more wins than losses i would assume...
 

Miramonti

Lifer
Aug 26, 2000
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He is the most obnoxious person I've ever listened to.

I've watched his show a few times and don't mind his analysis tho. He seems to believe in buying stocks that are cheap, riding them if they are winning, but not getting greedy and selling if they become overpriced to quickly.
 

mikej007

Golden Member
Jan 23, 2004
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That guy needs a boot to the sack really badly... he shouts almost as much as that ass clown that does the Orange Glo (and numerous other) informercials...
 

MrMaster

Golden Member
Nov 16, 2001
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www.pc-prime.com
I love his show. He definitely does move the market with his show. Seen it several times in the past.

I saw one website where it says he was down overall on the year and another that said his picks were up.

Personally, I bought Chipolte from watching his show and just sold it off after a 45% increase on it. So obviously I like his show.
 

Mr Pickles

Diamond Member
Feb 24, 2006
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Originally posted by: jjsole
He is the most obnoxious person I've ever listened to.

I've watched his show a few times and don't mind his analysis tho. He seems to believe in buying stocks that are cheap, riding them if they are winning, but not getting greedy and selling if they become overpriced to quickly.

There are pros and cons to his show.

Pro: he lets watchers know that there is more to just the hype of buying and trading based on whats hot and what's not. He lets everyone know that there is "homework" involved in investing and stresses diversification with none other than his "am I diversified?" round.

Cons: He contradicts his pros by screaming in watcher's faces when he hears a caller mention a good or bad stock. His show airs quite a bit and for him to say buy or sell so often makes people want to move their money too much.

As for his personal life, i hear he is a big gambler... like most investors that have the slush funds to do something like that.
 

Accipiter22

Banned
Feb 11, 2005
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i've heard about him, he's an interesting character...he used to make biiig money.....but he'd lose a lot too..and even if he netted millions he'd stay up at night obsessing over the millions he had lost...like one year he made 150 million, but lost 100 million on other deals....
 

CPA

Elite Member
Nov 19, 2001
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I saw a documentary on him a while back. He once owned an investment firm and made a boatload of money, but he worked so much and stressed out so much that he almost lost his family and his sanity. He quit and did some other things before coming back into the spotlight, first as the founder of thestreet.com, then a guest commentator on CNBC's Squawk Box (highly recommended for anyone interested in how the real financial world works), then after the SEC starting getting strict on reporting financial news vs recommending stocks they moved him to Ludlow & Kramer show. After about a year of that show, he got his own show Mad Money.
 

tweakmm

Lifer
May 28, 2001
18,436
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Originally posted by: Drakkon
i read in some book that he is more of a gambler than anything. When he wins he wins big when he looses his losses are huge.
but he wouldnt be where he is today if he didnt have more wins than losses i would assume...
Well calculated risk and gambling are separated by a thin line.

I can tell you right now you arn't going to make jack if you don't put something on the line.