Olivia
Online
Robert Kirk, CMT
@Robertkreno
My life’s Purpose is Progress. Stock Trader, Minervini follower, life long learner.
Reno, NV
Joined March 2016
2.3K Following
509 Followers
1.7K Posts
@AdamSchefter With his salary cap ($20mil) and lack of production.. I think it opens up that money for other players. I don’t know why they gave him a massive contract last year
$10,000 invested with Jim Cramer in 2001 turned into $28,997 by 2020.
The same $10,000 in a free S&P 500 index fund?
$44,957.
Jim Cramer's CNBC Investing Club is TRASH...
But they're still gassing him up.
Wharton School researchers tracked Cramer's Action Alerts PLUS portfolio for over 17 years.
The verdict: 3.38% annualized returns versus the S&P 500's 5.59%.
More volatility. Lower returns. A Sharpe ratio of 0.11 versus the index's 0.24.
You were taking on MORE risk for LESS reward.
But it gets even worse.
From inception through June 2023, cumulative total return: 230%.
The S&P 500 with dividends reinvested: 453%.
From 2016 to 2022, Action Alerts outperformed the market exactly ONCE.
And you were paying $399 a year for the "privilege".
Here's what really bothers me:
CNBC sells this product to retail investors who trust the brand.
Regular people. People without decades of experience to know better.
They watch the flashing lights, the sound effects, the screaming - and assume there's actual substance behind this.
There isn't.
After adjusting for market risk, Cramer's excess return was "essentially zero."
Not alpha. Noise.
And SVB? First Republic?
February 2023: Cramer told viewers to BUY Silicon Valley Bank.
One month later it collapsed.
He called First Republic "a very good bank."
It failed two months after that.
Catastrophic calls on systemically important institutions. Delivered to retail investors with total confidence.
I've spent 45 years in this business. I worked for Peter Lynch. I know what genuine investment analysis looks like.
What CNBC sells is infotainment dressed as financial advice.
The index fund is free.
It outperforms.
Remember that the next time someone tries to sell you a $399 subscription to underperform the market.
Say NO to Cramer and CNBC.
Who to follow
Trademark Capital® Asset Management
@TrademarkAsset
Humanistic Investment Management for Financial Advisors Since 1992
Frere Tshabalala
@Shifu__fx
📉Forex obsessed 📈
📈Crypto obsessed 📉
Getting after it💪
Uncommon amongst the uncommon 💯
Vincent Benedetto
@VincentBenede12
Father of 3 beautiful girls, married to best friend, electrician, trader. What more can I ask for?
@DearS_o_n Daily meditation
@NoDMsPerfavore The dead eyes of a shark
To whoever wrote this, well said!
When millions of illegals were ushered in through the southern border, you said nothing!
When they abandoned millions of dollars worth of military equipment in Afghanistan, you said nothing!
When they flaunted a two-tier justice system, one for them and one for everyone else, you said nothing!
When they covered up the Hunter Biden laptop, you said nothing!
When they passed a trillion-dollar infrastructure bill that failed miserably, you said nothing!
When they forced Americans to take an untested vaccine, you said nothing!
When inflation crushed the middle class, you said nothing!
When they sent billions to Ukraine, you said nothing!
When chemicals polluted the water in East Palestine, Ohio and they ignored it, you said nothing!
When Americans were r@ped, robbed and murdered by illegals, you said nothing!
When they implanted Kamala as the presidential nominee without getting a single vote, you said nothing!
When billionaire and anti-American George Soros funded dozens of AG elections, you said nothing!
When they turned our classrooms into liberal indoctrination camps, you said nothing!
When they spent our tax dollars on inmates transition surgeries, you said nothing!
When they gave the citizens of Hawaii $700 after losing their entire city, you said nothing!
When they gave free money, food and 5-star hotel lodging to illegals, you said nothing!
When they came for our free speech, you said nothing!
When DEI weakened the military and put our national security at risk, you said nothing!
When they colluded with the media to push false reports, you said nothing!
When it was open season on law enforcement and criminals reigned, you said nothing!
When they weaponized the justice system to take down their political opponents, you said nothing!
When the bureaucrats took over the White House and ran the government, you said nothing!
When they covered up Biden's rapidly declining mental state, you said nothing!
When they gr00med our kids in school and hid it from the parents, you said nothing!
When the drug epidemic exploded and 1000s died annually, you said nothing!
When they accosted kids on their campuses, you said nothing!
When they weaponized the intelligence agencies against Americans, you said nothing!
When they spent $45 million dollars on "Diversity and Inclusion" scholarships in Burma, you said nothing!
When they let men play women's sports, you said nothing!
When they chanted "De@th to America" and burned our flag, you said nothing!
When they shut down our energy production and emboldened Russia, you said nothing!
When the crime rates in American cities increased, you said nothing!
When 300,000 migrant children went missing and no one had a clue, you said nothing!
When Joe Biden pardoned his friends and family, you said nothing!
When they sent billions to Iran and inadvertently funded Hamas, you said nothing!
When men were celebrated for pretending to be women, you said nothing!
When they let a Chinese Spy Ballon sail across America, you said nothing!
When 50 intelligence agents all lied to bury the Hunter Biden laptop as Russian disinformation, you said nothing!
When American citizens were taken hostage and held for a year in Gaza, you said nothing!
When Facebook admitted, they conspired with the Biden administration to censor the truth, you said nothing!
When they cleaned the streets of San Francisco for the communist Chinese President Xi Jinping, you said nothing!
When Fauci and the WHO peddled covid 19 virus lies and covered up the origins, you said nothing!
When they sealed the January 6th commission files or "lost them", you said nothing!
You saw the corruption, the lies, the bad policy, the antiAmerican agenda and said nothing, so please spare us your crocodile tears and all your fake hysteria now. For 4 years you watched this country get run into the ground on all fronts and you said nothing!
ITS OUR TURN
@great_martis You’re a clown
@JoeyMannarinoUS
@its_The_Dr Licorice
Why are we allowing this?
This man just PERFECTLY explained Trumps economic plan..
👀
The great Victor Davis Hanson brilliantly explains President Trump's tariff policy. 👏
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