Jim Cramer recently outlined his personal investing rules for maintaining discipline. Ironically, this is the exact same code of conduct that sparked a trading phenomenon centered on betting against him.
During an episode of Mad Money, Cramer advised his audience to avoid buying an entire position all at once. He further recommended holding cash reserves and refusing to panic-sell during market slumps.
The Inverse Cramer Trade
In March 2023, Tuttle Capital Management debuted the Inverse Cramer Tracker ETF (SJIM), a fund designed to short the stocks Cramer endorsed on Mad Money.
Its bullish partner, the Long Cramer ETF (LJIM), shuttered roughly five months prior after drawing even lower investor engagement.
SJIM ultimately followed suit in February 2024, shutting down with only $2.4 million in assets and a 15% decline since its inception. Even so, the meme lived on past the fund’s lifespan.
Meanwhile, Chris Josephs, cofounder of Autopilot, established a distinct iteration of the same wager via his trading application, allowing users to replicate an Inverse Cramer portfolio that goes against his recommendations.
According to Josephs, this portfolio has climbed approximately 158% since launching in 2023. Over that same timeframe, the SPDR S&P 500 ETF Trust increased by about 68%, he noted.
Data from Josephs shows the Inverse Cramer portfolio managed roughly $55 million in assets as of March 2026.
Rules He Does Not Always Follow
This disconnect also surfaces in the cryptocurrency sector. Cramer liquidated his Bitcoin holdings due to anxieties surrounding quantum computing.
Yet, during that same broadcast, he instructed a caller to purchase the very coin he had just unloaded—a direct contradiction to the anti-panic guideline he currently advocates.
BeInCrypto has previously documented this trend. Traders have drawn similar parallels by examining Arthur Hayes’ trading record as yet another example of betting against prominent figures.
While none of this invalidates today’s guidelines, the crossover is striking. Never purchase everything simultaneously, always maintain cash reserves, and never panic. It sounds precisely like a list of the actions the Inverse Cramer community claims he violates himself.
