“The Club” with Jim Cramer on CNBC

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the real question is do the members of the club make better returns than the people that short Jim Cramer? lol

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The fund that shorted him was off about 24% before closing down. His picks are not as bad as the publicity suggests. He’s had some bad ones, but unfortunately, he has nailed SLI so far.

I don’t see a problem with promoting a club on a channel. Cramer has donated over $3 million from his charitable trust. He’s not likely profiting off the membership fees to the club.

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Does anyone else believe as I do that this investment club for a membership fee touted by Jim Cramer while on the air with CNBC is just wrong?

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There isn't much "right" about Jim Cramer.

Most of CNBC's active money managers are uncomfortable with him. The further from his first wife, who by all accounts was the brains at the Cramer & Co Hedge Fund, the further he's gotten from providing valuable information. IMO the last unqualified prescient thing he said was his "They know nothing!" rant in 2007 (two years before Karen Backfisch divorced him).

At this point, he's nothing but a mouth, far bigger than any information out of it.

He started infomercial-style interviews on Mad Money years ago. I suspect those are indirectly compensated by the interviewee to Cramer. He ran one per show for the first couple of years. Then he went to two. He may be at three per show now. To me, those stink even worse than the investment club nonsense.

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This is the same shithead that said all unvaccinated people need to be placed in prison. I doubt him and his shitty network care about moral transparency and ethical standards.

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He also professed expertise in Ukraine-Russia military strategy because his father served in the military.

I'm not kidding.

He tries to comment on an impossible number of subjects. He can’t be knowledgeable on everything he spouts off on…therefore, he’s basically a talking idiot.

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CNBC is a network to provide business news and investment information that we all pay for by subscribing to cable TV or purchasing streaming services.

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Yes, CNBC is a network which does provide business news, financial and investment information - just like Fox Business News and Bloomberg TV. But the underlying purpose of all of them is to provide eyeballs to the sponsors which provide their revenues. They further supplement their revenues by selling TV time to infomercial types and also hawking things like Cramer’s “investment club” and CNBC Pro. It’s all about the $.

To me, Cramer is nothing more than a financial celebrity. I don’t really pay him much mind. I don’t hate him or anything, but I’ve never cared for him. I miss the dry as toast hardcore traders and analysts that the CNBC predecessor, FNN (Financial News Network… where Bill Griffeth, Sue Herera and Ron Insana started out) used to have on, like John Bollinger. But FNN didn’t make money, while CNBC does. And having a circus clown like Cramer bringing in viewers is part of how they do it. Oh well… just the world we live in nowadays.