Bestselling author Jim Cramer shows investors how to use the information and advice in his top-rated CNBC show to make money in the stock market.
"Investing well isn't easy, but it is possible. My goal in life is to make it easier for you to make money."
Jim Cramer is the champion of the middle-class investor. Every night on Mad Money, he provides valuable information about stocks, steering investors away from danger zones and leading them to the investments that can turn a lackluster portfolio into a powerhouse of profit. In his new book, he shows investors how to take the advice on his TV program and put it into action.
Cramer walks investors through the key decisions they have to make: understanding their tolerance for risk and defining their goals, doing the essential homework on a stock, and knowing how to buy and sell stocks the right way -- the Cramer way. This is a true nuts-and-bolts guide to investing, from Cramer's detailed discussion of the sort of homework investors must do to his own guidelines for knowing when and how to sell stocks.
Mad Money is a hugely entertaining television program, but it also offers valuable information that can be the basis for a winning portfolio. Cramer shows how to turn the "Lightning Round" into a terrific tool for investing; it's stock-market strength training. He reveals how he can assess a stock in only seconds -- a valuable skill that every investor can acquire and put to good use. He explains what to look for in his CEO and CFO interviews, and how to use those conversations to make successful investment decisions. He reviews some of his best calls made on Mad Money, as well as some of his worst ones, to extract ten lessons from each that can profit every investor. And for the Mad Money junkies who just can't get enough, Cramer goes behind the scenes to explain everything from the reason behind his deliberate mispronunciations to his notorious chair abuse to the zany props and buttons that keep things humming.
From the first "Booyah" to the last roar of the bull, Mad Money is every investor's favorite television program, and Jim Cramer's Mad Money is the book that can turn a TV program into a top-notch stock portfolio.
Jim Cramer's Mad Money is a helpful tool to anyone who is beginning to or wants to invest money in the stock market. In this book he advertises his TV show in which he gives viewers advice on what they should buy, nothing is for certain, however he does a lot of the research that you don't have time to do. In his book, he gives lots of shortcuts and tips very helpful to someone starting out. He breaks it down very simply in a way that is not dry and boring but entertaining and rather amusing. This guy is no doubt crazy, however he knows what he is talking about and i learned a lot about how to invest from reading this book. I would recommend it to anyone interested in finance or how to invest their money. It is a how to for dummies pretty much.
I read this because I find Cramer's show very entertaining and had just finished his auto-biography (which was excellent). This book, however, is pure crap. You could tell they threw this book together simply to capitalize on the success of the show. It's barely 200 pages, only because they (I say "they" because I have no idea who wrote it--the cover says Cramer wrote it, but the writing was nowhere near the quality of Cramer's) kept adding fluff. There's only enough content for about 100 pages, if that. There are also typos galore. If it took any more than a few hours to read, I would have stopped reading.
I can't really say I read the whole book, but I read enough to get an idea of it. He prefaces this book by saying that investing in the stock market on an individual stock basis (not mutual funds), is only for those who have a solid financial base and at least $10,000 to "play" with. Since this doesn't apply to me nor to any of those I want to help with finances, I decided to just skim the book and not give it a thorough reading. It was sort of a review of the micro-econ class I had in college.
I was expecting to learn more about investing from this book. I did learn some new things but the book itself felt more like a companion to the show with no real information. This book basically walks you through how the show works, which seems more like an instruction manual.
Maybe I starting reading this book with the wrong expectations but I would say this is only meant for die hard of Jim Cramer.
I get a big kick out of Jim Cramer. I am only giving this book 3 stars because it was written in 2006 which, let's face it, was 10 years ago. Jim makes a lot of references to stocks, IPO's, and general market news that occurred a full 10 years ago, which makes it less relevant than it would be, say, if it were written today. Nevertheless, it's fun to get inside his head for a little while. I think he's brilliant.
First of all, be sure to read his "Real Money" book before you read this one. This book will give you a bit more background on his TV show. However, the updates that he suggests in this book makes you realize that writing a book about investing isn't that helpful because market investing is such a dynamic scene.
I listened to the Audio Book, and while it was nice that Jim Cramer read the book -- I thought the content wasn't so hot. This guy can't pick stocks any better than anybody else, and you're probably better off on your own than taking advice from him.
this is a terrible book really. after his success in his other books, i believe he just wanted to milk the cow again. its short, and incredibly dull. it kind of takes away from the brilliance of his earlier wok. I honestly dont recommend it.
I liked it a lot, tons of useful information and even though he can be a little too much to take sometimes, you gotta love the guys enthusiasm. Definitely plenty of actionable advice in here.
Nice to finally read the book that explains his show. I’ve watched his show since I was in HS and never understood some of the buttons and things he said.
Also, the trading advice in this book is very applicable to the average trader. Puts it in simple terms to help you make money.
It felt that he was trying to give all the “insider” information he could from his time on Wall Street.
Unlike Cramer’s other books, this one is more dedicated towards understanding his show - Mad Money - than engrossing you in stock trades. He does this skillfully, teaching about stocks as you read. I wish I had read this earlier, as it would have helped me understand the show and who The Professor is, rather than try to puzzle together all the buttons and sayings.
That said: I’d read Confessions of a Street Addict first, then this one, then some of his others.
Early chapters are useful on buying and selling of stocks that I wish was in earlier books. Later chapters are more about the show which can be entertaining but not too useful.
A very good book and is definitely helpful to those who watch the TV show. As time goes on some things will need to be a bit updated and the same goes with companies out there. Overall great concepts and I definitely recommend it.
Most of the advice in the book is general knowledge and can still be applied today but all contemporary examples are more historical nowadays, since the book is over 12 years old now.
You still gotta do your own homework. People watch his show and think they can just follow his picks. Doesn’t work that way for ANY kind of trading & investing…. So I’ve learned.
I enjoy watching Jim Cramer just so that I can pick stocks he doesn't like or so that I can bet against stocks that he professes to be excellent buys. He's so full of himself and I am very careful with what he says because oftentimes, he is very wrong. I got a used copy of this at Half-Price Books for dirt cheap and find it one of the most utterly useless books in my collection. Most of the ideas he put in this books are impractical.
Cramer walks you through his television program in fashion allowing the viewer to profit from his tips. The real value here is Cramer's methodology for trading, not necessarily his picks. Cramer's writing style is entertaining but makes the book much longer than need be. Read it selectively. Best chapter is what to look for when he's interviewing a CEO. Again, it's better read for what Cramer looks for and, therefore, what you should look for when you listen to company's leadership spout and tout.
Everything you've ever wanted to know about investing in the stock market. I was an investing newbie when I read this book. Almost a year later I am reading it again for the 3rd time and still soaking in Jim's plethora of information. He walks you through every step of doing homework on your stocks. He also gives great advice on buying and selling in increments.
Using his advice I feel empowered that I can effectively manage my own money and not have to depend on mutual funds and pay those mutual fund fees.
OK, if you're into risk, loud, obnoxious guys who give tips on TV shows that are fast and furious (and like the cars in the movie his suggestions, if you don't take them with a grain of salt[after all, it's TV, it's entertainment], will only help you crash and burn). At one time I was thinking of investing in the stock asset class; however, after further review, it's too risky. And unless you have millions to burn (read hedge fund), and lots of homework time, real estate is your only choice. Cha Bra! Peace out!
While many people think Cramer is obnoxious, he really understands the details and intricacies of Wall Street. He breaks The Street down into understandable and coherent points without losing the big picture or the overall story. Investing is truly all about the story.
After finishing the book..... Yes, the book is framed within the concept of his TV show. But that does not prevent him from providing simple, easy to follow methods for researching and analyzing stock. This is a good book for any level of investor.
Jim Cramer is a national treasure, not that I agree with all his recommendations. Unfortunately, some people may be turned off by the props, the speed of delivery and hyperkinetic energy. Those who try to learn from Cramer will be richly rewarded. He fills a very important need: demystifying the voodoo aspects of the market. He offers several frameworks like fundamental, technical and comparable analysis, plus disciplined approaches like diversification, to enable people to get a better handle over their investments. This book is the manual to better understand the show.
Jim Cramer is my hero. In today's information age, Jim is the voice of reason and experience. He provides the average person the means to succeed on Wall Street. If you are thinking about investing, then read this book and then read it again. In this book Jim discusses how to interactively watch his show.
Kind of an awesome book and gives great advice, I don't completely understand it but I think I'll be ready for the Stock market next year. Jim cramer,w ho's also on Tv helps explain what to invest in. He helps explain in what to do when it comes to doing your hw and making sure that you limit yourself when it comes to buying. He tells you when to buy and when to sell. He gives accounts of bad and yet good calls he made when it came to buying shares.
This book is good but light. It's 200 pages, but half of that is fluff. It is meant as a companion to the TV show, and that is where its weaknesses lie. There is a chapter that describes the sound effects Cramer uses and a chapter explaining how to simulate Cramer's "lightning round" by yourself... The 100 pages of actual content are good though, especially to someone clueless like me.
Super book on investing for the little guy. Cramer explains everything from trends, to cycles, to sectors, and how to anticipate the market's movements. He explains the intricacies of the show, as well as how to game it yourself. He gives you all sorts of handy strategies for trading, as well as a cyclical chart to follow the economy's impact on the stock market. B/B = BUY