PDF By Dan Solin
It’s no secret that Jim Cramer and I have our differences. Our confrontation last year on CNBC’s Power Lunch generated a lot of buzz. My basic gripe with him is that he makes it appear that he has some special insight into the markets which is of value of investors. However, I’m unable to find any evidence that’s the case, and lots of data indicating it isn’t.
So naturally, I was intrigued by this call to action on his web page, thestreet.com: “My charitable trust portfolio was up an amazing 31% in 2009, even when the market was on a wild roller coaster ride. In fact, for years, I’ve made money in good markets and bad.”
