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Jim Cramer's Mad Money: Watch TV, Get Rich
 
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Jim Cramer's Mad Money: Watch TV, Get Rich (Hardcover)

by James J. Cramer (Author), Cliff Mason (Author)
3.7 out of 5 stars  See all reviews (3 customer reviews)
RRP: £15.17
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Jim Cramer's Mad Money: Watch TV, Get Rich + Jim Cramers Real Money: Sane Investing in an Insane World + Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)
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Product details

  • Hardcover: 240 pages
  • Publisher: Simon & Schuster (5 Dec 2006)
  • Language English
  • ISBN-10: 1416537902
  • ISBN-13: 978-1416537908
  • Product Dimensions: 23.6 x 15.7 x 2.5 cm
  • Average Customer Review: 3.7 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon.co.uk Sales Rank: 453,683 in Books (See Bestsellers in Books)

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Average Customer Review
3.7 out of 5 stars (3 customer reviews)
 
 
 
 
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2 of 2 people found the following review helpful:
3.0 out of 5 stars Interesting but incomplete, 20 Jun 2007
Jim Cramer certainly knows a lot about stocks, and I enjoy his enthusiastic approach to teaching, using fundamental and economic analysis.

However, one of the downfalls of this book is that Cramer ignores technical and charting analysis. This is unfortunate because the price of a stock is the most important indicator. He talks relentlessly about P/E ratios, growth, balance sheets, industry performance etc. But at the end of the day, it is the price and the trend of a stock that matters most - particularly if you are a trend following investor.

Using technical analysis, I backtested some of the stocks he claims he lost money on. I observed that had he also used some degree of charting analysis he would not have lost money on those stocks. In fact, many of the stocks he recommended people to buy on his show, were in bearish trends at the time. This demonstrates why pure fundamental analysis cannot give you a complete picture of how a stock is performing or is likely to perform.
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1 of 1 people found the following review helpful:
4.0 out of 5 stars The Man Makes The Book, 27 May 2007
By P. Payne (London, UK) - See all my reviews
(REAL NAME)   
It would be hard for someone who's never seen the Mad Money television show to appreciate the greatness of the man behind this book.

I'm an Australian and I've seen his show on a couple of lay-overs between Oceania and Europe - so maybe I've seen a total of four episodes; and already I'm in love with it.

I believe the way Jim Cramer likes to teach the principles behind his choices are great. He appears very genuine, very enthusiastic, and very very knowledgeable.

I'm an Engineer, so I'm not well versed in finance, but I find stock markets interesting, and I will be applying the principles I found in this book to the UK market (Jim Cramer's shows and books are almost entirely focussed on US shares, and the effect of world markets on US shares).

If you are doubtful about whether this book will be a good read, find an episode or a segment of Jim Cramer's Mad Money show on YouTube. Judge for yourself whether you believe this man knows what he is talking about!

Lastly, I will say that this book is very readable - almost as if you're in a conversation with the man. I found myself, at times, unable to put the book down as I was keen for the next paragraph!
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4.0 out of 5 stars great book for those starting out, 23 May 2007
By Michael L. Schelling "schellbell" (South Dakota, USA) - See all my reviews
(REAL NAME)   
This book filled in a lot of gaps about the show that I was once confused on. This is the first book I've ever read about investing and I enjoyed it immensely. I am now working on Real Money, working backwards on Cramer's book series. I highly recommend this to anyone who wants an easy enjoyable read about investing. Never once did I get confused with any Wall Street gibberish.
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