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  • Jim Cramer

    Jim Cramer's Erratic Year

    By Hamilton Nolan, 3:18 PM on Tue Oct 14 2008, 7,568 views (Edit, to draft, Top, Slurp)

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    Jim Cramer has changed his mind! Just last week, you may recall, the shouty CNBC stock picker appeared close to tears as he begged Americans to pull all the cash they'd need for the next five years out of the crippled stock market. Well, whatever, that was last week. Now he says that we've already reached "the beginning of the end of the crisis." That sure was fast! This, of course, is in line with his (physical and intellectual) penchant for wild gesticulation. Let's take a brief look back at Mr. Cramer's unpredictable recent past, shall we?

    • August, 2007: God damn Bernanke! Alan Greenspan! They have no idea how bad things are. No idea! (Wild rage).
    • September, 2007: "The only thing I have is my authenticity."
    • January, 2008: Cramer predicts Mike Bloomberg might buy the New York Times. Not yet!
    • January, 2008: Cramer bet that financial stocks would outperform other sectors in 07. Lost bet.
    • February, 2008: Barron's points out that Cramer's stock picks suck, factually speaking. Barron's reporters are banned from CNBC.
    • March, 2008: Cramer nearly cries on TV because he was surprised Eliot Spitzer likes sex so much.
    • March, 2008: Cramer tries to save Bear Stearns. Turns out he's not that influential.
    • September, 2008: Jim Cramer was totally right in his initial crazy rant against Bernanke! Unfortunately he screamed so many things subsequently that everyone had forgotten about it by the time the markets crashed.
    • October, 2008: But um, Cramer also recommended Wachovia stock as a "safe haven" for investors. That was very, very wrong.
    • October, 2008: He got so upset he said fuck it, just put all your money under the mattress!
    • October, 2008: Okay, back to normal!

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    Read More: Jim Cramer, Listicle, Wall Street, The panic of '08, Shouting heads, Cnbc, Media, Stocks, Money, Crazies
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New York, 8:30 PM
Fri Jul 10
53 posts in the last 24 hours

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