Pulpit Bulls

Policy, Politics, and What's In Between

Stock and Awe (Yuk, Yuk)

Posted by Eric on May 21, 2009

The New York Times points to Northeastern University’s College of Business Administration study on Jim Cramer’s stock picks from 2005 – 2007. Somewhat surprisingly, it appears as if Cramer beat major stock market indexes, sometimes by a considerable amount. The researchers note, however, that when adjusted for exposure to various “risk factors” the results were more mixed:

Over all, the study concludes, “while Cramer may be entertaining and mesmerizing to many of his viewers, his aggregate or average stock recommendations are neither extraordinarily good nor unusually bad.”

Make of that what you will. But really, this has just been an excuse to post this camp-tastic-blaxploitation-spoof:

Vodpod videos no longer available.

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