Customer Reviews
2 of 3 people found the following review helpful:
 Mixed Emotions - He Has Lots of Competition in Books, Apr 28, 2023
I was driving across Michigan one evening around 6:00 pm and was listening to Cramer's radio show, where callers call in and chat about diversification, stock picks, Cramer's ideas, etc. That show was a bit like his books and it is a terrific radio show. This was the third or fourth time that I had heard the show, probably more, and I was compelled to stop at a book store and I bought the first book: Confessions of a Street Addict. It has a large close up picture of his face on the cover - a sort of in your face statement. Of course, I had seen him on cable many times.
I started to read the book at a motel, but did not finish the book. At some point in the read - about half way through I asked myself why I was wasting my time - and I read just one half and threw it out. It is difficult to describe precisely but I did not think it was that great. I know 90% will disagree but that is my feeling about his books having read one and looked at another, including this second book. There is too much self promotion - not that other writers do not also do this - but I find it annoying, disappointing, and there are many good books to read. He is very hyper almost overly energetic... it is as if he is on a hyper state induced by a sugar overdose. Sorry, but I think they are 4 star not 5, and that is from reading the old and having a good look at the new book. I made up a Listmania list posted on Amazon.com of about 20 beginner financial books and put his first book as #16 on that list, it is definitely on the list and he deserves to be there, but down near the end and not in the top ten. He has heavy duty competition from Peter Lynch, Suze Orman, Jeremy Siegel, and industry greats like John Bogle who started Vanguard and of course Warren Buffet. Nobody can tell me that he is better than Buffet.
Having said that, he is a brilliant investor. Follow what he says and you will probably do well. If you really cannot get enough Cramer then read his books - Amazon has a two book discount deal for both his old and new books.
I get enough Cramer on cable and radio when I can pick him up, he is not on a lot of stations. But the books are not 5 star, they are 4 star and they are reflections of his views on the markets and re-hashes of a number of his ideas. Personally I think that a lot of people like Cramer do well in one area - say cable or radio - but do not translate that well into print. His style is almost perfect for cable and the fast paced frenzy of the daily markets. But that is my impression.
4 stars
6 of 11 people found the following review helpful:
 A great great great book!, Apr 18, 2023
I loved his book, meat of the book doesnt happen till the middle of book where you get to learn his 10 cammandments, and his ways of spotting bottoms and tops. This book should be read with his other book confessions of a street addict thought. However, I was surprise he didn't add in his 10 cammandments of short selling. Its free on his website thestreet.com thought. you just have to type short selling ,10 cammandments, and you will get it. However great book.
5 of 84 people found the following review helpful:
 How can ANY liberal be taken seriously on investing?, Apr 17, 2023
The Al Gore supporter is as shallow as he is ego-driven. This drivel is almost as bad as his failed radio show.
Frankly, anyone stupid enough to support and raise money for Al Gore cannot be a credible human being.
Thank God I checked this out at the library and didn't actually pay for it!
16 of 19 people found the following review helpful:
Cramer -- you genius, Apr 13, 2023
I am a 22 year old college student who started investing in the stock market at age 20. I learned from my father that waiting until you are 40 to do anything is a bad idea -- especially investing.
From age 15 on I heard about the tech boom and specifically one name: Jim Cramer. My dad talked to me about Cramer every day of my life until I left for school... then we talked about him on the phone. To say the least, I have grown up hearing second hand the ideology that this man (Cramer) possesses when it comes to trading securities.
Cramer is more than a money manager -- his energy and style motivate you to see through the bad in any macro situation and steer clear with your plans. His writing style is so uplifting you will find yourself thinking about the stock market 3x what you did before reading his texts. Cramer is a man that has capitalism running through him -- and he is not ashamed to show it.
So, to boost the book: using Cramer's tips/ my own stock picks my first year of investing I was able to net ~20% return. I contribute much of this success to learning two key lessons from his teachings:
1) Don't be afraid to cut your losers
2) You have never taken a loss in the market unless YOU are lost in the market.
Specifically on #2 -- Cramer's book takes direct aim and nails common fundamental analysis and ideas any stock investor should have in mind when analyzing potential companies. Even after my business school education it was a great refresher to hear some strategies again.
To anyone that has the backbone to withstand losses and then will to stick to a core set of beliefs, get this book now.
4 of 13 people found the following review helpful:
PINBALL MACHINE INVESTING, TOTALLY BLIND TO WHAT'S COMING , Apr 13, 2023
This book is a bit like Cramer's TV program - I always feel like I'm in a pinball machine when I tune in. But I like pinball. The greatest threat to all us investors though is not the risks of this style of investing. It's not paying attention to what is now on the horizon but, like the recent tsunami before it hit land, not yet recognized. What am I talking about? Go read THE GREAT BUST AHEAD by Arnold, or more specifically, first go visit the book's website www.thegreatbustahead.com and then buy and read the book. It will get you out of the pinball machine for a while that's for sure. Cramer should have this guy on his program to introduce some real sanity.
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Based on 12 reviews.