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I'm not the biggest Jim Cramer fan but he ran a successful hedge fund and has been in the industry for 20 years. He is an expert and knows what he's talking abo
by chollida1 4y ago
I'm not the biggest Jim Cramer fan but he ran a successful hedge fund and has been in the industry for 20 years.
He is an expert and knows what he's talking about and is pretty knowledgeable about the US cash equities markets.
Part of the inverse Kramer ETF's success is that if you run a hedge fund you can make bank on 20 positions over a year or two.
If you are on TV every night you need a new "winner" 5 times a week, which just isn't possible.
- throwaway29812 4y agoSo because he tricked people into paying fees while performing more or less what the market does, he's an "expert"?
- chollida1 4y ago> So because he tricked people into paying fees while performing more or less what the market does, he's an "expert"? Who do you think was tricked into investing with him? His fund did well, not sure how you are imagining an investor is being tricked into investing in a successful hedge fund? Can you elaborate on that? His returns according to wikipedia beat the market so again, I'm confused as to where you figure he did what the market did.
- throwaway29812 4y agoMost funds don't beat the market in the long term, what's the sample size you are using? If he was so successful, why did he stop?
- MrMan 4y agohis fund did well, but he is in a different business now, he is a TV personality.
- hn8305823 4y ago> he ran a successful hedge fund https://www.youtube.com/watch?v=r07Gg92YjOI https://www.youtube.com/watch?v=r07Gg92YjOI