Just read that the inverse Jim Cramer ETF is shutting down after a couple years. So basically it was this fund that let you bet against Cramer's stock picks - pretty wild concept honestly. They're liquidating by mid-February and honestly the timing is kind of ironic. The thing is, Cramer was big on the Magnificent 7 stocks (Apple, Amazon, Alphabet, Microsoft, NVIDIA, Meta, Tesla) and those absolutely crushed it, so the inverse Jim Cramer fund got wrecked. The CEO Matthew Tuttle literally said it should be down like 75% but it's not, which he figures is actually a testament to how right Cramer got on those picks. He used this 'broken clock is right twice a day' analogy which is kind of funny. Tuttle says they started the fund to call out TV stockpickers and lack of accountability, but retail just wanted more volatile plays anyway. The whole thing just shows how much luck and timing matter with these products - even betting against Jim Cramer didn't work out this cycle. They're still doing other stuff though, so not totally done with the Cramer tracking angle.

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