We are still enjoying the mild weather, lush surroundings and 80 degree weather of America’s Island state, Hawai’i, so we haven’t had much time to blog as extensively as we would have liked.
However, today’s headlines have brought some bad news for the stock picking Guru, Jim Cramer. Apparently Barron’s is reporting that Cramer’s buy and sell recommendations have NOT beaten the overall S&P 500 for the past two years. We could have told you this months ago! In fact, the folks over at Cramerwatch.org have found that Cramer does about as well as Leonard the electronic wonder monkey.
I like Cramer. The major problem is the guy has been a victim of his own success. He needs to provide content for his radio and television programming, so he makes too many stock picks. This tends to dilute his ability to usefully predict stock market performance.
Aloha and A hui ho.
– James

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