Where's Alpha: Inverse Jim Cramer ETF Performance Against S&P500

So... you've heard of this Jim Cramer guy? When I hear its been not so nice things. Basically he's a TV personality, author, and former hedge fund manager. He is popular!

He is a graduate of both Harvard College and Harvard Law School. He founded the financial news and information website TheStreet.com and wrote multiple best-selling investing books. Some people actually look forward to his advice!!!

His supposed in-depth analysis of market trends and company performance has earned him a reputation as a trusted source of financial advice and guidance. He is actually the biggest financial advice guy on MSM I know.

Does He Make Any Money?

CNBC’s Jim Cramer is often touted as the quintessential alpha-generating machine, provided that investors take a diametrically opposite trade to Cramer’s investment recommendations. In fact, this phenomenon has given rise to several iterations of an “Inverse Cramer ETF,” where investors are promised market-beating performance via a passive investment vehicle. The rationale behind this approach is quite simple: Cramer constitutes the consensus view of the markets, and the consensus rarely generates any alpha – returns that are in excess of the market.

Basically... market was asking! Now market is gets exactly what it wanted - Inverse Cramer ETF! Why do I like this?

Because It's A Real Test!

That's the reputation. People make jokes. People make memes. But do they actually make money? Not everyone finds out!

Best we've had so far is kind of a trading bot to do the opposite thing. If you've got coding skills you can try out on your own. But I'd rather stick with crypto!

Proper Intro To Inverse Cramer ETF

There's actually a way to go long as well. If you think folks that bet against Cramer are idiots you've got that option too :)

Show Me The Stats 👀

That's what you get for betting against Jim Cramer. It's a small loss for now. How does it go for longs?

Against S&P500

This is kind of a basic benchmark on stocks. It's a bet on the biggest stocks on the market. There's bit more technical details. I'm not super familiar with them. What I know is - crypto gains are better!

Long Term Bets For Peace of Mind 😆

If you trade regularly - you better be good! If not its easier to just buy few investments that you bet on for long term. I think crypto is far better than any big bet on stocks or real estate. I've got a lot on Splinterlands, $HIVE $LEO $CUB $POLYCUB

I'm in for the long ride. Betting against Cramer didn't work out well. Betting with Cramer didn't work out well! At least we have a way to figure out if memes were right!

Truth is betting for or against Jim Cramer doesn't work out well. Isn't that good evidence to say alpha of market is elsewhere? Just think about that💡😉

Posted Using LeoFinance Alpha