Jim Cramer's Mad Money: Watch TV, Get Rich Review

Jim Cramer's Mad Money: Watch TV, Get Rich
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Wow, what a disappointment this book was. I own Cramer's other books, have read them, and am familiar with his investment style. I found his last book, Real Money, very insightful and have learned a lot from it. What I found when I read this book, however, is a poor superficial treatment of the topics he covers in his previous book.
Anyone with an ounce of sense should immediately see that this book is meant to piggyback the success of Cramer's TV show Mad Money. It has the same name as the show, the NBC icon is prominently featured on the front cover, and the subtitle "Watch TV, Get Rich" is obviously a plug for the show. It's sad to see Cramer stoop to such levels, given that his earlier books contained much of substance and are very good reads. Cramer himself is an excellent writer, but this book was ghost-written for him by his nephew. This fact is also readily apparent and this is the first of his four books I've had to force myself to finish.
If you want a thorough treatment of the Cramer style of investing get his earlier book-don't waste your time with this one. This book is a series of hit and run treatments of the various aspects of investing Cramer-style-just enough to hurt new investors but, more importantly, get them to watch his show. While I credit Cramer for getting me excited about the stock market several years ago I also realize that trading stocks is not all stuttering booyahs and Bowie knife attacks on chairs-you've really got to know what you're doing or you'll get wiped out. This book will not teach you what to do, make no mistake. The hype may be great and it may look easy and fun, but the truth is that there is nothing in this book that will help you really learn to invest. Do yourself a favor-stay away from this book and get Real Money if you have to get one of Cramer's books.

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"Investing well isn't easy, but it is possible. My goal in life is to make it easier for you to make money."Jim Cramer is the champion of the middle-class investor. Every night on Mad Money, he provides valuable information about stocks, steering investors away from danger zones and leading them to the investments that can turn a lackluster portfolio into a powerhouse of profit. In his new book, he shows investors how to take the advice on his TV program and put it into action.Cramer walks investors through the key decisions they have to make: understanding their tolerance for risk and defining their goals, doing the essential homework on a stock, and knowing how to buy and sell stocks the right way -- the Cramer way. This is a true nuts-and-bolts guide to investing, from Cramer's detailed discussion of the sort of homework investors must do to his own guidelines for knowing when and how to sell stocks.Mad Money is a hugely entertaining television program, but it also offers valuable information that can be the basis for a winning portfolio. Cramer shows how to turn the "Lightning Round" into a terrific tool for investing; it's stock-market strength training. He reveals how he can assess a stock in only seconds -- a valuable skill that every investor can acquire and put to good use. He explains what to look for in his CEO and CFO interviews, and how to use those conversations to make successful investment decisions. He reviews some of his best calls made on Mad Money, as well as some of his worst ones, to extract ten lessons from each that can profit every investor. And for the Mad Money junkies who just can't get enough, Cramer goes behind the scenes to explain everything from the reason behind his deliberate mispronunciations to his notorious chair abuse to the zany props and buttons that keep things humming.From the first "Booyah" to the last roar of the bull, Mad Money is every investor's favorite television program, and Jim Cramer's Mad Money is the book that can turn a TV program into a top-notch stock portfolio.

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