The stock market expert has become a popular meme for young investors because his investment tips are always wrong.
(Photo: AP)
Dusseldorf Stock market expert Jim Cramer’s motto is: There’s always a bull market somewhere, you just have to find it. On the US broadcaster CNBC, the 67-year-old tries to identify these investment opportunities in the program “Mad Money”. Now an exchange-traded fund (ETF) wants to monetize its tips – albeit in an unconventional way.
Cramer is a dazzling figure on the American TV landscape. The Harvard graduate, ex-stockbroker at Goldman Sachs and ex-hedge fund manager, has pointed and opinionated opinions on topics related to the financial market. He has more than 1.5 million followers on the Twitter short message service.
Cramer has become a popular Internet meme, especially among younger investors. They post photos or short videos of him on social networks – but not to celebrate him, but because they think that his investment tips are usually completely wrong.
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