CNBC’s Mad Money
Jim Cramer is the television investing personality behind CNBC’s Mad Money. His energetic stock discussions made him a familiar face to individual investors; his Charitable Trust is a separate portfolio with its own investment record.
CNBC · 15 years of Mad Money ↗$10,000 invested at the start of 2016, held through December 2025. No extra deposits. The line below shows the S&P 500 only.
CNBC’s investing personality and the public face of its Charitable Trust. A continuous return history and its cash-flow treatment still need verification. The trust’s results and the performance of every stock mentioned on television are different things.
Hover or tap a year to compare. Keyboard: arrow keys, Home and End.
SPX is the S&P 500 index; this comparison uses SPY ETF total returns as the investable benchmark. Values are in USD, with distributions reinvested where applicable. Each point is a year-end observation, not a daily price. Past returns do not predict future results.
This comparison measures only the largest drop between year-end values; losses within a year can be much larger. The latest card estimate, where available, is described separately below.
Return record unavailable
A comparable history is needed.Dec 2021 → Dec 2022
Recovered by Dec 2023The comparison above uses the selected period through December 2025. Annual figures are approximate; rounded returns can affect close comparisons. A positive year can still include a large drawdown.
Drawdown measures a fall from an earlier peak to a later low, including the starting value. Recovery is the first later observation that reaches that peak again. All peaks are reset at the start of the selected period; these are not lifetime drawdowns. The return chart above uses annual observations even when daily drawdown data is available.
The drawdowns for this record and SPX both use compounded calendar-year returns. Year-end sampling misses intra-year peaks and lows and understates the full drawdown. Recovery is also observed only at year-end.
Public holdings, media appearances and estimated wealth do not establish a complete investment return.
The arena features 34 investor profiles. Twenty selected vehicles are ranked by 10-year annualized outperformance versus SPY, the S&P 500 ETF. This is a dated research snapshot, not a live ranking of all investors. Figures are estimates from published annual returns or adjusted year-end NAVs and share prices. The record details identify the method and sources. Fundsmith and Fairfax are converted to USD. This is a return ranking, not a risk-adjusted assessment; the vehicles have different mandates and exposures. Charts use annual observations only. SPY is market-price total return; ARKK, GINDX, EPIVX and PSH are NAV returns after fund expenses. Berkshire is per-share market value. NAV and shareholder returns are different measures; these labels stay visible.
The homepage’s SPIVA figures cover all active U.S. large-cap funds, including growth, core and value styles. Over the twenty years from 2006–2025, 92.89% underperformed the S&P 500. The one-year and ten-year figures use the same category and end date. Fund returns are after fees, excluding sales loads. SPIVA includes funds that merged or liquidated during the period when calculating the share that failed to survive and outperform. These figures describe historical fund results, not the percentage of individual investors who will fail. See SPIVA Year-End 2025, Report 1a, page 12; methodology is in Appendix B, pages 41–42.
Annual data: ARK prospectus, 2016–2024 · ARK, 2025 · Berkshire · Gotham · Pershing Square · SPY annual returns · Fidelity: SPY 1Y / 5Y / 10Y cross-check · SPIVA.
GINDX is co-managed by Joel Greenblatt and Robert Goldstein. Berkshire is a conglomerate. PSH NAV includes the effects of its structure and buybacks; it is not its listed-share return. EPIVX is EuroPac International Value Class A at NAV, excluding its initial sales charge (up to 4.5%); including that charge reduces its published 10Y return to 10.84%. Peter Schiff is associated with the adviser and investment philosophy; James Nelson and Luke Allen manage the fund. It invests internationally, so SPY is an opportunity-cost comparison, not its mandate benchmark. Icahn’s figures are the published investment-fund composite, net of expenses, not IEP shareholder returns or his personal return. Annual observations cannot measure intra-year maximum drawdown. No risk score is fabricated. Historical performance does not establish future returns.
New annual records: EuroPac 2026 prospectus, Class A calendar-year chart · EuroPac December 2025 factsheet · Icahn annual reports: 2018 (2016–18), 2019, 2022 (2020–22), 2025 (2023–25).
The fourteen newly ranked records use the full 2016–2025 period. Adjusted-NAV estimates can differ slightly from published fund returns. Pabrai Fund 3’s conflicting headline ten-year figure is disclosed in its profile. Each record links to its data sources.
Prem Watsa · Will Danoff · Bill Ackman · Joel Greenblatt · Cathie Wood · Warren Buffett · Bill Nygren · Cliff Asness · Chris Davis · Mohnish Pabrai · Peter Schiff · Terry Smith · Mario Gabelli · John Rogers Jr. · Tom Gayner · Bruce Berkowitz · Dan Loeb · David Herro · John Hussman · Carl Icahn ·
Fourteen other profiles remain unranked while comparable records are reviewed. Fame does not establish performance.
Image credits, licenses & independence notice. Profile pictures use licensed original color photographs. Low-resolution photos may be AI upscaled; credits identify the source license and changes. Uncleared photos are withheld.