Don’t Listen to Jim Cramer

Why you should never take Jim Cramer seriously.

In 2006, however, when the performance of Cramer’s ravings relative to the market went south, he downplayed the idea that he could help viewers whip Wall Street, and, instead, said that he had “just one goal in mind—to help you make money.” According to one observer, he apparently failed to clear even this low hurdle last year, despite nearly every major equity market on earth being up between about 15 percent and 30 percent.