Jim Cramer’s Real Money: Sane Investing in an Insane World

ISBN: 0743224892
ISBN 13: 9780743224895
By: James J. Cramer

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About this book

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 in chaotic times, and he does so in plain English in a style that is as much fun as investing is -- or should be, when it's done right.For starters, Cramer recommends devoting a portion of your assets to speculation. Everyone wants to find the big winners that can bring outsized gains, and Cramer explains how to allocate your portfolio so that you can afford to take this kind of risk wisely. He explains why "buy and hold" is a losing philosophy: For Cramer, it's "buy and homework." If you can't spend an hour a week researching each of your stocks, then you should hand off your portfolio to a mutual fund -- and Cramer identifies the very few mutual funds that he'd recommend.Cramer reveals his Ten Commandments of Trading (Commandment #5: Tips are for waiters). He explains why he's not afraid to compare investing to gambling (and tells you which book on gambling you should read to become a better investor). He discloses his Twenty-Five Rules of Investing (Rule #4: Look for broken stocks, not broken companies).Cramer shows how to compare stock prices in a way that you can understand, how to spot market tops and bottoms, how to know when to sell, how to rotate among cyclical stocks to catch the big moves, and much more. "Jim Cramer's Real Money" is filled with insider advice that really works, information that Cramer himself used to make millions during his fourteen-year career on Wall Street.Written in Cramer's distinctive turbocharged style, this is every investor's guide to what you really must know to make big money in the stock market.

Reader's Thoughts

David J. Andrews

The man is crazy but his book is an easy to read introduction to the stock market and to investing. A lot of people have made a lot of money by following the simple common sense advice in this book. I'm one of them.

Kathy

I enjoyed reading about smart investing. However, I would only recommend this to a young, wealthy person with tons of time on their hands who would like to spend 30 hours a week to research companies so that they can GAMBLE in the stock market. I doubt this book would do much for anyone without 20 years of experience behind them in active investing. But I got smarter about stuff by reading it. It has some secrets in it!

Thor

Yes, Jim Cramer is an egotistical, obnoxious blowhard, but that doesn't mean he's an idiot. He knows his business, and if you can get around his clown-like antics, you may learn a thing or two about investing.

Shane

Excellent read and provided an experts insight in to investing, understanding markets and understanding a company's performance. The "Dummies Guide to understanding how well a company really is doing". Good anecdotes, and wrote at a level that any non financial expert can understand and apply.

Thomas Janeway

Jim grows on you like moss on the dark side of bark. At first blush, he's loud, morning zoo zany and LOUD. Beyond the noise, reading his books are totally sane. The knowledge is possess is vast and brilliant. Don't underestimate his nuggets. Every investor's portfolio ought to include this book. Skip universities. This book delves into the hard knocks of street smarts. Become a disciple of this guru and you will become richer for it.

Rajual T.

I am not the biggest fan of Jim Cramer, I find that more often than not his "picks" are incorrect, but every once-in-a-while, even a blind squirrel finds a nut. I think at this point Cramer has published one too many books that are beginning to repeat others. However, I do find his books to be more useful than his television show, and I think he does a good job at explaining in detail fundamental investing information very effectively. My problem with the book is that I feel it leaves the reader hanging. There are too many occasions where it seems like a cliff hanger, a good chapter than leaves me with questions, perhaps waiting for the next book. Of Cramer's work, I don't think this is best. Try the book below for a better read:Confessions of a Street AddictConfessions of a Street Addict

Paul Tennant

its a must read really. despite his antics on the cnbc show mad money, the book is absolutely great. i read it in collage and it sprung about an appetite for knowledge like a son of a gun. it goes in to the market cycles, talks about the actual costs of a stock with pe and peg ratios. He writes in a most engaging way talking about the bulls and the bears. Youll learn a lot while being entertained.

JP

This had more depth than I expected from what I've seen on TV. Jim Cramer delivers thoughtful ideas about trading in an entertaining format. If at times sensational, it's all derived from an authentic energy. Cramer challenges some fundamental concepts, such as the dichotomy between investing and trading, while soundly backing others, such as the importance of diversification and risk management. I've read enough in this genre to start rating books by whether they offer something new. This one certainly does.

Brett Philips

This book is pretty good for the beginner investor and as a refresher for the active trader. Cramer can be tough to swallow some times, but he covers basic trading fundamentals with real life examples. I can't handle watching his show anymore, but this book is a little less in your face.

Brendan

This book is a great read for anybody interested in learning about the stock market. It has a wealth of information about how the markets work and how to use the information in financial statements to find out if a stock is over valued or undervalued.

Tiz

Learned a bunch...but the last chapter seemed really important (options) but was a bit rushed and sort of added as an after-thought. I guess I can always read an options book down the road... Looking forward to reading a bit more (Jesse Livermore) and getting in the middle of it all!!

Taylor George

Fav. Quote, "Nobody cares about your money like you do."

Jason

This is a great book. It isn't a beginners book like Rule #1 by Phil Town, it is more of an intermediate beginners book on investing. I would recommend it to all those interested in investing in the stock market. Although Cramer seems like a crazy nut when you first see or hear him, he is really a very smart guy. I found this book very interesting and will probably end up reading it a second time to make sure I caught everything. First though I plan to read his book Mad Money.

Duane Leon

Found the content ok but he spent a lot of time talking about himself. Some of the content will be over the average investor head v

Bethany

This is not a book that I could read "cover to cover" - I stopped somewhere in the middle and plan to pick it up again later. There are chapters, but the whole book seemed to be one continuous stream of thought, so even though I didn't get to the end I feel like I have "read" the book. I thought it had great advice that I could actually understand, and Cramer was witty enough to keep my attention. This is the first book on investing that I was able to actually read, comprehend, and not fall asleep. So for that, it gets three stars!!!

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