My favourite viewing of US TV investment advisor, Jim Cramer, was actually not any of his real-life performances but a cameo role that he did in the movie Ironman (2008).

In the movie, a company CEO, Tony Stark – having being wounded and captured by Jihadist terrorists in some Middle Eastern nation, and having survived by building the first crude prototype of his Ironman suit – is having a crisis of conscience about all the weapons his company has been building, since seeing how many of them the terrorists had, and shuts down production at Stark Industries until he can figure out what’s going on.

Which leads to this great scene: “Look. That’s a weapons company THAT DOESN’T MAKE WEAPONS!”

Cramer should have stuck to Hollywood cameos given how awful his real-life financial advice has been over the years. So much so that various smart asses have proposed creating investment vehicles that do the opposite of whatever he recommends. A financial Costanza policy if you will. And in fact it’s been done.

But in our modern world it seems that failure is rewarded, or at least not punished, and the losers often fail up – witness any member of the Biden Administration or our very own Labour government. And so it is with Jim Cramer, despite stuff like this from way back when.

And that reference in the Tweet is to more Cramer stupidity uttered just the other day….

Of course there is one guy whose predictions are pretty good…