Jim Cramer is out of his mind. When you see his shows, he likes to screams and jump about like a mad man.
But, last year he picked up investments last year and earned him 12% instead of 6% average for the market, so perhaps he is not that mad after all.
A lot of investors like Jim Cramer mad money shows on CNBC that they like to watch it each week.
Jim Cramer was one of the few persons who can be followed and was listened by many people when the world was spinning out of control and the stock market was spinning down to the toilet and investors were panicking.
When a stock has started going up, Jim Cramer mad money likes to ride it up and buy. His shows plot 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 terrible technique when the market is less volatile and the swings are slower and more predictable.
But when market are going terribly, stocks can reverse direction in a rush and this will make them go terribly 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.
My advice about what stocks to pick is really be gained from his shows, Jim Cramer mad money, not his recommends buying the stock of those executives.
It is clear that after he recommends it, people will run out and buy these stocks so there will be a small term jump in 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.