In the News

Title

Can Celebrity Pundits Predict the Profitable?

Document Type

Article

Publication Date

5-26-2017

Abstract

Far from the sublime corners of some Wall Street suite, stock pundit Jim Cramer gained fame by pumping up the volume on CNBC's "Mad Money" – a TV show, you could say, that calls to mind the labels "showboat," "showoff" and "showman" as opposed to "shaman" or "hot shot."

In fact, few in investment history have gotten it so colossally, overwhelmingly wrong as Cramer did on March 11, 2008.