According to Barron's, Mad Money host Jim Cramer isn't just a melodramatic nutjob prone to nonsensical angry rants. He's also lousy at picking stocks.

Reportedly, viewers following Cramer's stock picks would be up 12% over the past two years. 'But, that's good!' you'd say.

That is, until you realized that the Dow Jones rose 22% and the S&P 500 jumped 16%, and your "earnings" were below market value.

Which is to say, "that's bad."

[Barron's]