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Book - Product Information
Jim Cramer's Real Money: Sane Investing in an Insane World
James J. Cramer
Rating: 4.0/5 Stars
Rank: 76
After telling the story of his own trading days in Confessions of a
Street Addict, Cramer appeases fans hoping for advice on how to
duplicate his success with their own investment portfolios.
But not
without some strong caveats: his approach requires devoting at least an
hour a week to educating yourself about each stock you own. But since most
pros are "rank amateurs themselves," anyone willing to do the work should
consider getting in. Cramer breaks down the fundamentals of his investment
approach, built on the twin principles of diversification and speculation:
while most of your portfolio should contain reliables like oil, financials
and blue-chip companies, 20% percent of your money should go toward a
slightly riskier bet on a company's future ("owning a stock is a bet on
the future, not the past").
He also explains techniques for figuring out
when to buy rock bottom stocks and sell the ones that have hit their
peaks.
Cramer drills his main points over and over, which can get
repetitive on the anecdotal level but reinforces the simplicity of his
message: investing is for anybody willing to put the time into learning
how to do it right.
His enthusiasm should prove inspiring, and even
investors on the wrong side of Wall Street's recent shakeups may find the
courage to get back in the game.
Either way, Cramer's radio, TV and print
platforms are sure to make this one another hit. Agent, Suzanne Gluck
at William Morris.
(Apr. 5) Copyright © Reed Business
Information, a division of Reed Elsevier Inc. All rights reserved.
Editorials
Sample 3 of 4
Jim Cramer's Real Money: Sane Investing in an Insane World
James J. Cramer
![]() | | | From Publishers Weekly | | After telling the story of his own trading days in Confessions of a
Street Addict, Cramer appeases fans hoping for advice on how to
duplicate his success with their own investment portfolios. But not
without some strong... read full editorial |
![]() | | | From Booklist | | Cramer, cofounder of TheStreet.com, the daily financial news Web site, and
cohost of CNBC's Kudlow & Cramer, is a successful trader and former
hedge-fund manager. His autobiography, Confessions of a Street Addict
(2002),... read full editorial |
![]() | | | Book Description | | How do we find hot stocks without getting burned? How do we fatten our
portfolios and stay financially healthy? Former hedge-fund manager and
longtime Wall Street commentator Jim Cramer explains how to invest wisely... read full editorial |
Customer Reviews
Sample 3 of 26
Jim Cramer's Real Money: Sane Investing in an Insane World
James J. Cramer
![]() | | | Best investment book ever | | (Florida) May 21, 2005 - 5.0/5 stars | | Thanks Cramer for sharing your insights. I have also sign up the action
alert, and profit from your realtime calls, thanks all the help. |
![]() | | | Jim Cramer Has No Credibility | | (Northeast USA) May 29, 2005 - 5.0/5 stars | | Many of Cramer's friends, posting favorable reviews of this book, are
giving you a very misleading opinion of him. His views of the market
today, as always, are completely wrong.
Some here say that
Cramer called it right... read full review |
![]() | | | I Quit Half-Way Through | | (Northeast USA) June 13, 2005 - 1.0/5 stars | | I found the book to be mostly written about what a great investor Jim was.
I didn't feel that he contributed much substance to the book beyond what
should be common sense to most investors.
There also seemed
to be some... read full review |
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