Jim Cramer was featured in the cover story of Barron's this week. The coverage wasn't flattering. Bill Alpert's depicts portrays Cramer as a manic-depressive clown. Based on a database compiled YourMoneyWatch.com by Michael McGown, a former stock analyst, Cramer's picks have trailed the market by 10% since the show began. These totals include picks made during the "Lighting Round" and MadMoney says that they shouldn't count as part of his record. Also, this analysis doesn't follow Cramer's caveat to buy on the second day after the recommendation, not the next day.
Alpert also examined a database compiled by TheStreet.com that covers the last six months. These picks were about even with the market, including commissions you'd be down if you followed Cramer's suggestions.
Overall, the piece is fairly evenhanded and reasonable. The writer merely wants Jim Cramer to be accountable for the picks he makes.
Part I & II of "Shorting Cramer".
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