THE HOST OF CNBC'S MAD MONEY READS HIS BLOCKBUSTER BESTSELLER!
Delivered in his distinctive turbo-charged style, Jim Cramer's Real Money is every investor's guide to what you really must know to make big money in the stock market. The best-known source of investment advice in America today, Jim Cramer explains how to invest wisely in chaotic times, and he does so in a way that is as much fun as investing is — or should be, when it's done right.
Speaking with the passion and energy heard in his nationally syndicated radio show, Real Money with Jim Cramer, Cramer reveals both his Ten Commandments of Trading (Commandment #5: Tips are for waiters) and his Twenty-Five Rules of Investing (Rule #4: Look for broken stocks, not broken companies). He tells you how to:
compare stock prices in a way that you can understand
spot market tops and bottoms
know when to sell
rotate among cyclical stocks to catch the big moves
and much more.
Drawing on information that Cramer himself has used to make millions on Wall Street, Jim Cramer's Real Money is filled with insider advice that really works.
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 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 2005 Reed Business Information.
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James J. Cramer is host of CNBC's Mad Money; cofounder of TheStreet.com, where he is also an online columnist; and "Bottom Line" columnist for New York magazine.
More About the AuthorCustomer ReviewsReader Rating: Ratings: 26Reviews: 11See All Reviewsreal money, really usefulby Xybear
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August 23, 2009:
for an investment book, it is very entertaining. there is a lot of useful strategies and info, especially on 'homework'. it is a good book for the first time investor with money (a couple thousand) to invest. not so great if you are working with a few hundred dollars. a lot of the principles still apply, but Mr. Cramer stays away from the penny stocks that you can afford at this level. I cant follow all the strategies at the moment, but I am following what works.Making moneyby kd47
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July 26, 2009:
I'm really to busy making money to be doing a *^#*book review. I am new to Cramer but so far I am getting a lot from this book. It makes clear the things the Wall St. would rather us not know. I watch his show every day and than use his book to go more in-depth. Plus I have slowly been climbing out of the hole my stock broker had dug for me!
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