Cramer + Crypto = Comedy

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Readers have suggested we spin up more of these. Inverse Gary Vaynerchuk? Inverse Chamath? Inverse Ackman? Sky’s the limit baby.

I heard Jim Cramer himself signed up. And I heard he likes the newsletter!

..but wait, if he likes it then that means… Damnit! 🤣

Let’s go


Monday Jan 16

Markets were closed in honor of MLK Jr Day.

So here are some gems from the past few weeks:

This crypto call is absolutely legendary:

On Jan 9th, Cramer tells everyone to sell bitcoin..

…Of course bitcoin is up a whopping 26% since then!

This is literally crypto’s biggest bull run since last March.


Tuesday Jan 17


Wednesday Jan 18


Thursday Jan 19


Friday Jan 20

Interesting moment on Friday when a caller asked Jim about alternative assets — specifically vintage Pokemon Cards.

Jim was taken aback and didn’t really know how to respond. He thinks the caller is “early” to the game (actually the big Pokemon card run-up happened last year, but okay)

Clearly out of his element here, Jim immediately pivoted the conversation to eBay, completely missing the caller’s point about investing directly in alternatives.

He then recommended the caller look at artwork like Matisse and Warhol.


Weekend Bonus


Our 1.5 Cents (inflation)

Jim’s crypto timing is shaping up to be the stuff of legends.

For last last 10 months, crypto has been beaten to a bloody pulp. There’s been seemingly no end to the crypto winter in sight.

Suddenly, Jim decides to turn bearish on bitcoin, just days before the beginning of a 26% bull run — the largest in the past year.

Who knows if this run lasts, but the timing is comical.

He also just doesn’t seem to really understand cryptocurrencies — which is fine, lots of people don’t! But lots of people don’t get paid $5m/year to bark on CNBC.

Anyways, that’s a wrap. As always, we’ll be following Cramer’s every move so you can do the opposite.

Have a great weekend,

-IC

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