Michael Covel

I wrote recently about having seen Jim Cramer’s TV show Mad Money for the first time. Yesterday traveling down to South Florida, I saw his show again on the plane’s TV. It’s one thing for Cramer to do this show circa 1999, but today in 2005 it’s almost criminally insane broadcasting. I notice that many people are justifying the show since it has a large audience. So even though the entire show is useless by any measure of investor sophistication, it’s alright since so many people watch it. Here is a good take on the show.