Quarter Life Crisis

Barron’s had a good article about the always entertaining James J. Cramer of CNBC’s Mad Money.

Jim is a very smart guy with a Harvard Law degree, a stint at Goldman Sachs, and a successful hedge fund. However, can we really make steady and consistent money by shorting Cramer’s picks?

I can’t imagine that other hedge funds aren’t doing that. Furthermore, this simple shorting strategy can probably be broadly applied to other stock recommendation shows, articles and newletters due to the trend that most stocks in the spotlight jump the next day, moving sideways or down in the following days after the intial “pop.”

On another note, Jim Cramer’s Confessions of a Street Addict looks like a good read.