Jim Cramer's Real Money

Sane Investing in an Insane World

By: James J. Cramer

Narrated by: Jim Cramer

Length: 6 hrs and 9 mins

Publisher's summary

How do we find hot stocks without getting burned? How do we fatten our portfolios and stay financially healthy? Former hedge-fund manager and longtime Wall Street commentator Jim Cramer explains how to invest wisely in chaotic times, and he does so in plain English, in a style that is as much fun as investing is, or should be, when it's done right.

For starters, Cramer recommends devoting a portion of your assets to speculation. Everyone wants to find the big winners that can bring outsized gains, and Cramer explains how to allocate your portfolio so that you can afford to take this kind of risk wisely. He explains why "buy and hold" is a losing philosophy: For Cramer, it's "buy and homework". If you can't spend an hour a week researching each of your stocks, then you should hand off your portfolio to a mutual fund, and Cramer identifies the very few mutual funds that he'd recommend.

Cramer also reveals his Ten Commandments of Trading (Commandment #5: Tips are for waiters). He explains why he's not afraid to compare investing to gambling (and tells you which book on gambling you should read to become a better investor). And he discloses his 25 Rules of Investing (Rule #4: Look for broken stocks, not broken companies).

Cramer shows how to compare stock prices in a way that you can understand, how to spot market tops and bottoms, how to know when to sell, how to rotate among cyclical stocks to catch the big moves, and much more. Jim Cramer's Real Money is filled with insider advice that really works, information that Cramer himself used to make millions during his 14-year career on Wall Street.

Written in Cramer's distinctive turbocharged style, this is every investor's guide to what you really must know to make big money in the stock market.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.; Download the accompanying reference guide.

©2006 J.J. Cramer & Co. All rights reserved (P)2006 Simon and Schuster Inc. All rights reserved.

Critic reviews

"[Cramer's] 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." (Publishers Weekly)

Entertaining and educational

Jim keeps you engaged and gives priceless info on how to beat the market. His no non sense approach will limit your mistakes and increase your return on investment. Listen often.

Great book but quite heavy

Lots of great information in this book, but probably not a lot that you will use unless you really want to get deep into the market.

Mad Money goes even deeper if you really want to get into trading rather than investing.

If you want a more passive approach to investing then read Rule #1.

A Good foundation

This book is a step beyond a beginners guide. Jim does a good job of explaining why you should be active with your investments and how to do that, once you understand financial speak.

not his best

had to release another book shortly after this because everyone who took his advice got killed in the financial crisis of 2008

Great basics

Mr. Cramer definitely has an engaging delivery though it can wear on you after awhile. He has some great ideas and advice. He's not modest though if he's done everything he says he has, I don't really care. He shares valuable insights from someone with Wall Street experience telling you what happens on the inside. He makes succint points with examples to reinforce them. His book is good for the new investor trying to decide how to start playing the stock market. It's worth reading.

Very hard to listen to but good information

Very hard to listen to but good information. The author/ narrator has a very "unique " voice tha made it difficult to listen to. Great information though.

learning to invest

book was okay from my perspective. some good examples and advice but still walked away not fully understanding. Maybe I need it more simpler 😪

Presented some great ideas.

This is a good book to get you fired up about investing, but it constantly emphasizes the need for prudence and diligent homework while evaluating prospective stocks. I thought the narration from Mr. Kramer sounded a bit odd, like he was reading a book written by someone else. The reference charts and diagrams that he refers to would be great, but audible doesn't yet include these, so it is a little harder to follow in this format.

if you want the rules and not the story

Jim made a great book here most of the information in here is nothing but rules and regulations guidelines tips and suggestions. if you're looking to invest in stocks and you don't want to hear about someone's story on how they won and lost and won and lost this is a great book for you he does tell you however a few times where he lost in a few times where he won big but the majority of this book expecially after chapter one is all rules do's and don'ts of investing in this insane Market

best finance book

it was very easy to understand and apply in my one portfolio and it's was pretty easy to get throw most other books on the same subject are pretty boring and dry