One Monkey, One Typewriter, Ten Minutes, from Jon Goodman
Mr J.G. reports that he has just found the website Cramer Watch, which tracks Cramer's myriad of picks and compares his performance against Leonard the Wonder Monkey (a random coin toss.) So far Leonard the Wonder Monkey is ahead!
Ongoing Stats:
Jim Cramer is right 49.30% of the time.
Jim Cramer's picks average a 0.12% ROI after 30 days.Leonard the Wonder Monkey is right 50.13% of the time.
Leonard's picks average a 0.34% ROI after 30 days.
Inspired by this, Vic reports that after fifty years of trading we have finally bought a TV for the office in order to track the possible ephemeral effects that characters like Cramer may have on the markets.