According to his own records, Jim Cramer's portfolio (that he sells access to via "Action Alerts Plus" $400/year service) is up 42.98% since January 1, 2002. For the six years, he is averaging 7.14% per year. During that same time frame, the Nasdaq Index is up 32%, or an average of a little over 5% a year. The S&P 500 is likewise up about 5% a year for that period. So give the little round man credit for longer-term outperformance. But it is a far cry from his boasting, "I am not here to make friends, I am her to make you rich." At 7% a year, how long will it take Jim to booyah us all to being rich?
Which brings me to Jim Rogers. A few years ago he published, "Hot Commodities" where he suggested that the commodities markets were the place to be. Since then, you actually could have become rich investing in futures contracts underlying almost any commodity he recommended in that book. A few days ago, Rogers published, "A Bull in China," which I am currently reading. His thesis this time is that economic trends in China strongly suggest that Chinese stocks and stocks of other companies with a strong presence in China's development from third world to world leadership, will provide similar opportunities for huge investment gains.
So there you have it. Watch, read and listen to Jim Cramer and barely beat out the market averages or read and listen to Jim Rogers and make a killing in the next dynamic investment opportunity of our lifetimes.
A tale of two gurus.