Jim Kramer, the host of mad money, recommends specific stocks on his show. A lot of his stock picks don’t always pan out - so Tuttle Capital made an ETF that buys the inverse of his stock picks, basically betting against anything that Kramer picks. In my opinion, the entire thing was a dumb idea. Individual Stock picking has a lot of risks, but, betting against stocks has even more risk. Shorting the stock market, technically has unlimited risk since stocks can go up to an unlimited price. Investors thought it was as un-wise as I thought it was, because the ETF only attracted 2.4 million dollars and lost fifteen percent since it’s launched ten months ago. The said ETF that uses the ticker SJIM is shutting down after 10 months. #kramer #jimkramer #madmoney #tuttlecapital #financialliteracy #financialfreedom #finance101 #wealthbuilding #stockmarket #stockmarketrecap