Monday, December 22, 2008
Jim Cramer's Real Money
There are a lot of stock investment books out there, all touting different investing strategies and methods. However, very few actually explain and define some of the common language that is used in the investment world. “Jim Cramer’s Real Money” does this with gusto.
I’m a guy who has attempted tor read Benjamin Graham’s “The Intelligent Inevestor” a couple of times. I would follow what he was saying until he threw a word like “multiplier”. I would wonder what a multiple was. I would try and figure out what he was talking about 12 time earnings etc. The most powerful part of Jim Cramer’s book is that he didn’t assume I knew what he was talking about.
In addition to this, the book was a smooth read and seemed to be brutally honest at times. I haven’t been able to invest using his strategies as of yet as I have other budgetary concerns to address first. But I would advise this book to anyone who’s interested in the stock game. It is an important book to read if you are trying to figure out how to invest in stocks, or even whether it is something you want to do. Try not to let his television show turn you off if you find the bells and whistle’s a bit much. It’s a good book.
I rate “Real Money” a buy.
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