Jim Cramer's nephew gives awful advice too

[emon87]

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kramer has done very well, and from what ive heard, is a really nice guy in person. i dont understand the hate for him

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I dislike him because he sells positions to average people that are at best not well thought out. I feel that he is dangerous to people who follow his advice.

For example, I work for a Kellogg business school professor during school. One of the things I do is to make a spreadsheet detailing his trading gains and losses. He basically follows Kramer's advice, and those positions that he has followed his advice have lost him quite a bit of money.