While I one day want to be a full-time financial advisor I currently work for the government. I am really in that arena where I have worked with the government too long to leave it but not long enough to retire. For those of you who are in a similar position you know exactly where I am coming from. But while I am with the government I hope to do consulting in financial planning and advise and provide life insurance to those in my home state of Tennessee. Now when I am at work I listen to CNBC on my phone and I really enjoy Mad Money with Jim Cramer at 6:00 EST every weekday evening. Now I do not recommend acting on all of Mr. Cramer’s advice that he gives on the show each night but there is some room for consideration. I have followed him since 2006 and to be honest he is correct more often than he is incorrect in most issues. I think that if you watched his show on a regular basis and did your own research on what is presented on the show you would be pleasantly surprise with your results. He brings some very good ideas to his shows and provides plenty of food for thought.
If you do not feel like watching Mr. Cramer on TV each night or even a few nights a week I can understand that as he is definitely an acquired taste. He can appear larger than life and erratic most of the time. But once you get past that you can see that he really does try to teach good investing techniques ranging from trades to long-term investing. There is a little bit for everyone on his shows. If you are like a good friend of mine who hates Mr. Cramer I feel sorry for you because you are missing some great entertainment in the process of also losing out on some pretty serious investing techniques and ideas. If you are like my friend then maybe you can try to read Mr. Cramer’s series of investing books that he has released over the years. While some contain some dated material for the most part they are still relevant in today’s investing world. But his autobiography is the first book you should read, Confessions of a Street Addict. It takes you from his late childhood through the time in which he dissolves his hedge fund. After that I recommend his series based on Mad Money.
While I have read all of these books and recommend them all on this blog’s site I will be re-reading them and provide a summary of each. In these summaries I will detail the content and describe if it is still relevant in today’s investing world. Think of these coming blogs as mini book reports and hopefully you will see that Mr. Cramer is more than an entertainer and does have a strong investing basis that he teaches from.
While I do not agree with everything he writes or discusses I must admit he is more than an irrational person who spouts off nonsense for a TV audience. He is a skilled and proven investor who I have come to respect over the last 8 years I have followed him both through his show and his books. I hope that by providing these reviews of his book series I can open a world to you that you may not have considered before and will give Mad Money a try if for no other reason than there are some good investing ideas generated on his shows. And I also hope the reviews will get you interested in knowing all that can be learned through his writings. I will try to post a review every two weeks on special posts that are over a weekend as to not disrupt my Tuesday and Thursday postings. The posts on the blog will be shorter version of the review that will be sent to my subscribers who receive my emails. If you wish to receive the entire review please sign up on the form on the right side of the blog. It is fast and easy and I will always respect your privacy. As always if you have any topics you wish to have covered please contact me or if you just have a question I welcome those as well.
