Jim Cramer is a crazy guy. On his shows, Jim Cramer mad money, he screams and jumps about like a crazy man.
But the investments he picked last year earned 12% compared to 6% average for the market by some measures, so maybe he is not so crazy after all.
A lot of investors love Jim Cramer mad money shows on CNBC that they like to watch it each week.
When the investors were panicking due to the market spinning straigth down the toilte and the world was spinning out of control, then Jim Cramer was one of the few choices you can listen above the chaos, many people listened to this guy.
When a stock has started going up, Jim Cramer likes to ride it up and buy. His shows plan for the market to keep doing what is doing, so his mad money picks end to be aggressive.
Conversely, if a stock starts to fall, Cramer wants to dump it before it falls further. This is not a bad technique when the market is less volatile and the swings are slower and more predictable.
But when market are going badly, stocks can reverse direction in a hurry and this will make them go badly quickly too.
On his shows, Jim Cramer mad money, it is not uncommon he recommends you to buy the stocks of the excecutives who were being interviewed by him. The executives who were being interviewed are usually those who have high dividend stocks only.
The best advice on what stocks to pick can actually be gained from the show Jim Cramer made money, but not as Cramer intended.. It really doesn’t matter even if you want to take India stock market even you live in the US.
It is obvious that after he asked people to buy it, many people will buy these stocks, so there will be a short term jump in stock price.
So if you are quick on the draw and do just the opposite, ready to buy when he says “sell” and ready to sell on the margin when he says “buy” then you can expect to do quite well.