Trust me his hedge fund buddies and newsletter subscribers that get to front-run his TV/Radio recommendations make money. I can't believe this weasel crook is allowed to do what he does. All they make him do is run a small print, hyper-speed disclaimer every time he comes on. If you listen to his disclaimer it tells you he front-runs his recommendations.
Yeah, he has a "charitable trust". Oh, Jim thanks for helping the poor, sick and helpless with your charity. But this devious, self-promoting prick makes his big money off his newsletters, email flashes, and various paraphernalia he hawks from his media perch. CNBC is corrupt and a shill for the big institutions that make their money from fees and computer-based high-frequency trading. The pennies they skim daily off 401K's, pensions and retail investors turn into hundreds of billions of $$$ in profit. More than half the market trades, and growing, are computer-based high-frequency trades. GS and the other big-traders on WS didn't have one losing day of trading last quarter. What does that tell you - they manipulate the market every day based on some alleged event, hope, fear, etc.? Cramer is corrupt and misrepresents his record, while he proselytizes that he's for the 'little' guy, he's really just concerned about padding his own pockets and promoting his big-ego media presence. Barron's has run a couple of articles detailing his actual record, which pretty much matches the S&P, that's why you never see anyone from Barron's on CNBC. What a joke.