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My experience with most folks is they either love or hate Jim Cramer - largely based on their exposure to him on CNBC. He is admittedly self-promoting, and makes no excuses for his behavior on set, or his investing performance off of it - good and bad.This book is the logical compliment to his show - describing the approach he uses in sector and stock analysis, and providing insight into the business cycle and investing theses that Jim uses regularly to make investment recommendations. That being the case, I think most of the folks who hate Jim have never read his books. Jim is a bright and engaging author, who takes the time to explain his investing and trading approach at a level that most can understand. His emphasis on sector analysis and PEG ratios, as well as his incessant mantra to actually do homework on the part of the investor (as well as describing how and what that should consist of) make the method of his madness approachable for most investors if they are willing to invest the time. A good read, especially in conjunction with his autobiography and earlier investing works.
The author (probably thanks to his co-writer) sounds like a real person who is sound of mind. When I first saw "Watch TV, Get Rich" on the cover, I laughed aloud. So, kudos to Cliff Mason.I would recommend this book and I would recommend the cautious and circumspect approach Jim Cramer advocates. I thought, "Now THIS is the Gen-X American dream."I'm in the process of reading this book (taking notes as I go) and all I can say is that I wish I'd had this book years ago when I first thought of participating in "the Stock Market". Not only is it concise and well-written, but Jim Cramer's over-the-top TV personna doesn't come through in this book. To borrow from Mr. Cramer's philosophy of buying stocks - read slowly and think carefully about what you're about to do.Best regards.
My husband got me into Jim Cramer. His books are as informative as he is exhuberant on his show. I couldn't put it down.Jim Cramer's Mad Money: Watch TV, Get Rich
Great book to listen too on a trip. It has your full attention and great insight to investing. Cramer is a little nuts but he is a genious when it comes to investing.
This is a great companion/complement to Jim's Mad Money show. Highly recommended read, and if you do not already watch Mad Money, PLEASE DO. He guides his audience/readers through ensuring they understand their own investment needs and to challenge his advice/recommendations.
In addition it is filled with his learnings from his experience both from managing his hedge fund to his charitable portfolio. He also readily shares his failures and how we can avoid them. This book dives right into the practicalities of how Jim goes about analyzing stocks, segments etc.
It is through this thought process that we can reduce making investment mistakes. Unlike other books on investment, this is a book that you can read and start applying right away by studying, researching and buying/selling stocks. What I most enjoy about it is the objectivity in which Cramer presents the information.
Finally another thing I really like is that Jim's strategies and recommendations are very adaptive based on what he sees happening in the marketplace. Looking forward to reading more of Jim's books.
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