He did it again last year, telling people to sell every all specs and spacs.

Same thing when he called the COVID collapse while everyone else mocked him as the market made new highs. He was mocked for it, but turned out to be very, very right. He was the sole voice literally screaming for people to sell ALL stocks, long before the great financial collapse.

He's had a handful of perfect 'sell everything' calls that have allowed his P&Ls to be so exceptional. The guy is a savant about knowing when to get out. spread disinfo.Ī lot of cramer's legit track record came not just from picking stocks, but from incredibly well timed sells. He then focused on broadcasting, slamming the industry and hedge fund crooks mercilessly. He was very outspoken about corruption and related issues, creating new, rich enemies who. He's a narcissist, and his success plus his belief in himself as a master journalist and mentor led him to quit the industry and focus on his dot com property which (almost) made him a multibillionaire, but it came a bit late in the bubble and imploded for various reasons. He downplays himself, but he did a speedrun through degrees at the best schools and landed a top job at the top firm on earth at a young age. When he was dominating, he made enemies who spread disinfo about him. What struck me as a WoC is that he actually gave women equal respect, which was pretty unusual in that time and place. Some of the stories were probably exaggerated but some weren't. I worked there then and he was considered kind of a wild animal. He delivered 24-27% long term annual returns. This sub is both uninformed and disinformed about Cramer.Ĭramer was actually very 'legit' when he dominated, yes, dominated the wall street hedge fund industry for 14 years.

(62 points, 14 replies) Your friend is more accurate.

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