Jim Cramer the Coin-Flipper?

"Mr. Cramer's stock market calls since May 2000 have low consistency and approximately coin-flip accuracy", according to a study by CXO Advisory Group. Specifically:

• Mr. Cramer is right about 50% (25 out of 51) of the time with his stock market predictions...
• His predictions sometimes swing dramatically from optimistic to pessimistic, and back again, over short periods.

Two comments:

1. Not good for TheStreet.com (TSCM), which Cramer is the public face of. (Full disclosure: I'm short the stock. More on TSCM here.)
2. Cramer had a great (though rocky) track record as a hedge fund manager. What's gone wrong?

Related:

• Cramer's latest stock picks, including: Mad Money, Lightening Round, Stop Trading and his Radio Show.

Comments

[twinnkie:]

cramer is laughing all the way to the bank He s not letting his knowledge out for nothing. He has info we will never hear.

Feb 20 10:40 PM

[twinnkie:]

I whish he let us know what he really knows about goldmansachs personaly i think its going to b the best and so does he.

Feb 20 10:45 PM