by Michael Covel
Daily Reckoning
CNBC’s resident “oracle” is at it again.
Jim Cramer, the overexcited host of the cable channel’s “Mad Money” show, has once again shown off his unique skills at forecasting the future… and destroying the portfolio of anyone who follows his advice.
Cramer is the infamous investing “expert” who clownishly prances about his TV studio while shouting out “buys” and “sells” and yelling “Booyah!” every few minutes.
Some find Cramer’s antics a refreshing antidote to the sometimes staid business of making money in the markets. (I’m not one of them.)