All through 2022, one of the most hackneyed suggestions from all corners of the web was how someone should make an “Inverse Cramer Fund“. It was perceived as a guaranteed money winner.
Well, someone finally DID make such a fund, and you know precisely what happened: it was launched at pretty much the worst possible moment, and it’s been just withering away ever since.
The organization that came out with this also rolled out a “do the same as Cramer” fund (symbol LJIM, as opposed to SJIM). Looking at these two, they didn’t do much of anything until about six weeks ago, at which time the “long Jim” started doing great and the “short Jim’ got killed.
Of course, my opinion of this guy hasn’t budged one iota.
