Hacker News Reader

HNHacker News

Top New Best Ask Show Jobs

Comment by wnevets | Hacker News Reader

Full thread

wnevets·

We should have all seen this coming, Jim Cramer just last month said we should all buy stock in SVB [1]

[1] https://www.foxnews.com/media/cnbcs-jim-cramer-eviscerated-t...

View on HN

Isn’t the fund that shorts everything cramer says to buy doing above average?

You never know nowadays… What’s the ticker?

$SJIM (Inverse Cramer Tracker ETF)

https://finance.yahoo.com/quote/SJIM

And also $LJIM (Long Cramer Tracker)

https://finance.yahoo.com/quote/LJIM

https://www.marketwatch.com/investing/fund/sjim

If you're talking about SJIM, that fund's inception date is literally 12 days ago. "Doing above average" in that timespan doesn't say much. Also, according to the chart on fund's website, it's actually down since its inception.

https://www.crameretfs.com/sjim#info

Can we stop posting Cramer’s takes on every post about SVB?

https://news.ycombinator.com/item?id=35105975

https://news.ycombinator.com/item?id=35106202

Only when it stops being funny.

The sort of answer which makes Reddit mod types angry, even when it's true. It's mostly for fun even when it's mostly just based on noticing humorous patterns rather than some scientific financial theory we must all take very seriously.

He's not alone. The Motley Fool has recommended it, holds positions in it, and received financial services from them.

But, no comment about Jim Cramer would be complete without mentioning that there's now literally an "inverse Cramer" ETF: SJIM.

People who are anti-Cramer are as worse as people who follow Jim Cramer.

Real successful investors pick useful nuggets, ignore or don't care about Jim Cramer.

People who comment about what "real successful investors" do are even worse tbh.

I feel like there should be a community guideline against comments like this

Reply on news.ycombinator.com