Thread: Jim Cramer
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Old 03-19-2007, 08:30 PM
calmasahinducow calmasahinducow is offline
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Default Re: Jim Cramer

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He supposedly returned 24% net of fees!!! per year at his hedge fund over a 12 year period. He ran about 300 million, and those returns were probably jacked up by his huge allotment of IPO's which worked well back wehn he ran that money. This puts him in the league of Warren Buffet but who knows what his real returns were.

I think his show is obviously hammed up for TV but there is no question the guy is very smart and more inmportantly a good "street" trader

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He also managed a tech mutual fund which lost 99.5% of its value in 2000-2002.
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