I would like to point out one huge disaster of Cramers and that is MRVL. All summer long he shouted to his callers that they have to be in MRVL. MRVL went down from the 30s to the teens. Then when it crashed to its lowest point, he still was faithful saying that he wasnt going to miss this one and it was going back to 30. Well, its still about 19 bucks and change and analysts are hitting the big red downgrade button.
Does Cramer have loss-disclosure aversion? Or does he own up to his mistakes? I don't know much about him..
He needed his wife the Trading Goddess to bail him out during his darkest days at his hedge fund. That speaks volume about his trading acumen.