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Old 02-22-2018,
JohnTrader JohnTrader is offline
Junior Member
Join Date: Oct 2016
Posts: 41
Default Jim Cramer Mad Money Performance Problems

There is a serious problem with www.thestreet.com's Mad Money
performance: it only tracks picks for the last two months. Why only two months? Is this due to a technical reason or does it have deeper implications?
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Old 02-26-2018,
Garry95 Garry95 is offline
Join Date: Dec 2010
Posts: 62

A few weeks ago, a new section appeared on Jim Cramer's very own www.thestreet.com: the Mad Money Performance section. This section was originally a fan website which tracked Jim Cramer̢۪s performance independent of thestreet.com. This website was eventually acquired by www.thestreet.com for an undisclosed figure and it is now fully integrated into it. The format has remained largely intact, however.
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Old 02-27-2018,
Barchart.com Barchart.com is offline
Join Date: Dec 2010
Posts: 69

A special note from Jim Cramer on the main page of Mad Money Performance can be found here:

Ever since I started in this business, I have cared passionately about my record. I prided myself on making sure that people knew how I was doing at all times. I also insisted that my record be audited by others, outside my control.

I am doing that same thing now right here. I want people to be able to see exactly what I say, when I said it, and how I feel about each stock now. I am doing this because my personal reputation is at stake and nothing is more important in business than personal reputation.
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Old 02-28-2018,
shawnafrost shawnafrost is offline
Join Date: Dec 2010
Posts: 72

With that, I turn my performance monitoring over to this unique service and I thank you for taking the time to monitor me, as you should, regularly, to be sure that I am doing my job in trying to make you Mad Money.

Mad Money Performance only tracks picks for the last two months, however. One might speculate that Mad Money Performance has only been tracking picks for two months, thus they only have two months worth of data. This is false; the original website had been tracking picks for at least the past 3 months. In fact, the main page explicitly states that only the last two months of shows are tracked.
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Old 02-28-2018,
Roger239 Roger239 is offline
Join Date: Apr 2017
Posts: 42

The fact that only the last two months are tracked in several cases covers up the fact that Cramer has often changed his position on a number of stocks often in a short amount of time.

For example, Corning (GLW) has long been recommended by Cramer for many months. Approximately two months ago, however, there was a period of time that Cramer was bearish on the company. Looking up Corning on the website only shows one negative recommendation followed by four positive recommendations. The original positive recommendations before Cramer turned bearish on Corning are not there.
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