I just finished reading through the latest SEC filings for Jim Cramer's company, The Street.com (TSCM). In the spirit of, Those that can, do, Those that can't, teach, take a look at these numbers:
Year-to-Date Cramer's Action Alert Plus portfolio, his real time, real money, can't cheat (much) portfolio is up about $250K on a $3MM base, about 8%; he passes these profits on to charity.
For the nine months ending September 30, 2007, TSCM's subscription revenues were in excess of $15MM! Annually, that comes to about $20MM in subscriptions and unlike the trading profits, none of that goes to charity.
Trading Gains = $250,000
Subscriptions = $20,000,000
Happy New Year.