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Wrong AGAIN! Flashback as Jim Cramer calls FTX’s Sam Bankman-Fried the JP Morgan of this generation (Video)
WCBM 680 ^ | November 14, 2022

Posted on 11/19/2022 8:36:05 PM PST by The_Media_never_lie

Poor Jim Cramer is on record calling FTX's Sam Bankman-Fried the JP Morgan of this generation. Is there anything Jim gets right?


TOPICS: Business/Economy; History; Weird Stuff
KEYWORDS: bitcoin; business; cnbc; cramer; cryptocurrency; ftx; sambankmanfried; sbf
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Jim Cramer is a progressive with a history of being wrong. His stock picks are usually bad.
1 posted on 11/19/2022 8:36:05 PM PST by The_Media_never_lie
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To: The_Media_never_lie

JP Morgan, Sam Bankman-Fried. HAHA! 🙂


2 posted on 11/19/2022 8:37:30 PM PST by The_Media_never_lie (Remember August 8!)
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To: The_Media_never_lie
Seriously, I'm investing in the inverse Cramer fund this month.

3 posted on 11/19/2022 8:37:35 PM PST by Right_Wing_Madman
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To: The_Media_never_lie

Cramer has been so wrong so many times that he nearly broke down and cried recently while apologizing for leading people astray.


4 posted on 11/19/2022 8:42:27 PM PST by Hostage (Article V)
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5 posted on 11/19/2022 8:43:57 PM PST by proust (All posts made under this handle are, for the intents and purposes of the author, considered satire.)
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I knew he was wrong when he said to sell Stark Industries . . .


6 posted on 11/19/2022 8:50:18 PM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: The_Media_never_lie

Jim Cramer is an idiot.

Whatever that clown pushes do the opposite, and it will pay off in the longterm.

Here is Cramer right before the Bear Stearns collapse. This was 5 days before.

https://youtu.be/gUkbdjetlY8


7 posted on 11/19/2022 8:50:57 PM PST by Enlightened1
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To: proust

I don’t know about Inc, but Fortune is another Lib publication always pushing Leftist companies.


8 posted on 11/19/2022 8:51:48 PM PST by Enlightened1
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To: Olog-hai

Haha!

Be greedy when others are fearful. And you try to be fearful when others are greedy


9 posted on 11/19/2022 8:53:41 PM PST by Enlightened1
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To: The_Media_never_lie

“Jim Cramer is a progressive “

He is not a progressive.

He praised Trump do policies good for the market.

He chastised progressives for policies bad for the market.


10 posted on 11/19/2022 9:03:19 PM PST by TexasGator (!!!)
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To: The_Media_never_lie

[Poor Jim Cramer is on record calling FTX’s Sam Bankman-Fried the JP Morgan of this generation]

LOL


11 posted on 11/19/2022 9:03:25 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: TexasGator
Oh? Such as claiming that the Mexican peso being low equals advice against building the border wall?
12 posted on 11/19/2022 9:06:57 PM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: The_Media_never_lie

Cramer is a smart guy. Unintelligent people don’t get to run hedge funds at Goldman Sachs. The problem is that finance and stocks are kind of boring to the average person. A good stock picker might have one or two really good ideas every year. Cramer’s problem is that he has to say something profound every night. Since there isn’t something profound going on every day, he just spews crap to sell air time and to keep the viewers tuned in.


13 posted on 11/19/2022 9:09:51 PM PST by Poison Pill
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To: Enlightened1

“Whatever that clown pushes do the opposite, and it will pay off in the longterm.”

He recommended ETN in 2015. Over a span of one year circa 2015 I amassed 1500 share.

Glad I didn’t follow your advice.


14 posted on 11/19/2022 9:10:30 PM PST by TexasGator (!!!)
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To: The_Media_never_lie

A study of Cramer’s picks once showed that he is correct slightly less than half the time. So you’d do better by just flipping a coin. But flipping a coin is not nearly as entertaining as watching Cramer yell and wave his arms.

So there’s that.


15 posted on 11/19/2022 9:11:21 PM PST by Leaning Right (The steal is real.)
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To: The_Media_never_lie

BUMP


16 posted on 11/19/2022 9:15:54 PM PST by Freedom56v2
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To: Right_Wing_Madman

Analysis of his first 30 recommendations of 2022 as of Sept. 2022.

Cramer: -1.9% YTD

S&P 500: Down 14.4% YTD
Nasdaq: Down 24.2% YTD
Dow Jones Industrial Average: Down 10% YTD


17 posted on 11/19/2022 9:18:34 PM PST by TexasGator (!!!)
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To: Leaning Right

“A study of Cramer’s picks once showed that he is correct slightly less than half the time. So you’d do better by just flipping a coin.”

What were the gains and losses?


18 posted on 11/19/2022 9:21:37 PM PST by TexasGator (!!!)
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To: Olog-hai

Thanks for providing that link that supports my post.


19 posted on 11/19/2022 9:34:12 PM PST by TexasGator (!!!)
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To: TexasGator

Only in your mind it does, particularly if you ignore the details—which you have.

Cramer is unfailingly supportive of having the stock of left-wing corporations do well in a market in which they do not belong. He has no moral compass, nor any patriotism.


20 posted on 11/19/2022 9:37:40 PM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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