Changes

Jim Cramer (view source)

Revision as of 23:58, October 27, 2009

560 bytes added , 23:58, October 27, 2009

more edits

Line 2: Line 2:

'''James Joseph "Jim" Cramer''' (born February 10, 1955)<ref name=pabook>{{cite web|title=Cramer, James J. (Jim)|url=http://www.pabook.libraries.psu.edu/palitmap/bios/Cramer__Jim.html|author=Michael A. Kowalski|date=Spring 2008|publisher=[http://www.pabook.libraries.psu.edu/ The Pennsylvania Center for the Book]}}, June 6, 2009.</ref> is an [[United States|American]] television host of [[CNBC]]'s ''Mad Money'', he is a former [[hedge fund]] manager, and also a best-selling author.<ref>[http://www.cnbc.com/id/17364946/site/14081545/ Jim Cramer Bio], CNBC.com</ref> Cramer is also a market commentator for TheStreet.com, which he co-founded and of which is he is the largest shareholder. In addition to writing a column for TheStreet.com, Cramer also writes about the [[stock]] market as a columnist for ''New York'' magazine, and he is a frequent contributor to ''[[Time Magazine]]''. He was a founder of and former columnist for ''SmartMoney'' magazine and helped found ''American Lawyer'' magazine.

−

Jim Cramer was born to Polish-American parents in Wyndmoor, [[Pennsylvania]], a suburb of [[Philadelphia]].<ref name=pabook/><ref name=isb>{{cite news|title=Jim Cramer|url=http://www.internationalspeakers.com/speaker/395/jim_cramer|publisher=[http://www.internationalspeakers.com/ International Speakers Bureau]}}, June 6, 2009</ref> He went to Springfield Township High School in Montgomery County, Pennsylvania.<ref>{{cite web|url=http://www.publicschoolreview.com/school_ov/school_id/71004|title=Springfield Township High School|publisher=publicschoolreview.com}}, June 6, 2009</ref> Cramer graduated <i>[[magna cum laude]]</i> from [[Harvard College]] in 1977 with a [[Bachelor of Arts|B.A.]] in [[government]],<ref name=isb/> where he was President and Editor-in-Chief of ''The Harvard Crimson''. After graduation he became a journalist for four years; he worked for the ''Tallahassee Democrat'' and later for the ''Los Angeles Herald Examiner'' before attending [[Harvard Law School]] where he earned a law degree in 1984.<ref>[http://www.thestreet.com/author/269/jim-cramer/all.html Jim Cramer RealMoney columnist], TheStreet.com</ref> Cramer ~~worked at Goldman Sachs from 1984 to 1987~~.

+

Jim Cramer was born to Polish-American parents in Wyndmoor, [[Pennsylvania]], a suburb of [[Philadelphia]].<ref name=pabook/><ref name=isb>{{cite news|title=Jim Cramer|url=http://www.internationalspeakers.com/speaker/395/jim_cramer|publisher=[http://www.internationalspeakers.com/ International Speakers Bureau]}}, June 6, 2009</ref> He went to Springfield Township High School in Montgomery County, Pennsylvania.<ref>{{cite web|url=http://www.publicschoolreview.com/school_ov/school_id/71004|title=Springfield Township High School|publisher=publicschoolreview.com}}, June 6, 2009</ref> Cramer graduated <i>[[magna cum laude]]</i> from [[Harvard College]] in 1977 with a [[Bachelor of Arts|B.A.]] in [[government]],<ref name=isb/> where he was President and Editor-in-Chief of ''The Harvard Crimson''. After graduation he became a journalist for four years; he worked for the ''Tallahassee Democrat'' and later for the ''Los Angeles Herald Examiner'' before attending [[Harvard Law School]] where he earned a law degree in 1984.<ref>[http://www.thestreet.com/author/269/jim-cramer/all.html Jim Cramer RealMoney columnist], TheStreet.com</ref> In 1988, Cramer married his wife, Karen, and they had their first child in July 1991.<ref name=isb/>

== Investing career ==

−

Cramer started privately investing in the stock market during his time at law school,<ref name=pabook/> using his student loans. For months Cramer began leaving tips on his answering machine offering stock picks, and garnered the attention of Martin Peretz, editor of the ''[[The New Republic]]'' and [[Harvard]] professor, who had been profiting from these tips. Thus, he approached Cramer with a $500,000 check and wanted him to run his money. "He seemed to know very deeply so many stocks," said Peretz, who would prove loyal. "At one point, I was down $80,000 and he didn't give up on me," said Cramer. Cramer made Peretz $150,000 in two years.<ref name="bw20051031">"[http://www.businessweek.com/magazine/content/05_44/b3957001.htm The Mad Man Of Wall Street]" ''BusinessWeek'', 31 October 2005.</ref> In 1984, after obtaining a law degree, Cramer was employed as a [[stock]] broker in Goldman Sachs' Private Wealth Management division.<ref name="locbio">[http://www.loc.gov/bookfest/2006/authors/cramer.html Jim Cramer biography], Library of Congress.</ref>

+

Cramer started privately investing in the stock market during his time at law school,<ref name=pabook/> using his student loans. For months Cramer began leaving tips on his answering machine offering stock picks, and garnered the attention of Martin Peretz, editor of the ''[[The New Republic]]'' and [[Harvard]] professor, who had been profiting from these tips. Thus, he approached Cramer with a $500,000 check and wanted him to run his money. "He seemed to know very deeply so many stocks," said Peretz, who would prove loyal. "At one point, I was down $80,000 and he didn't give up on me," said Cramer. Cramer made Peretz $150,000 in two years.<ref name="bw20051031">"[http://www.businessweek.com/magazine/content/05_44/b3957001.htm The Mad Man Of Wall Street]" ''BusinessWeek'', 31 October 2005.</ref> In 1984, after obtaining a law degree, Cramer was employed as a [[stock]] broker in Goldman Sachs' Private Wealth Management division.<ref name="locbio">[http://www.loc.gov/bookfest/2006/authors/cramer.html Jim Cramer biography], Library of Congress.</ref> He worked at Goldman Sachs from 1984 to 1987.

Jim Cramer started his own [[hedge fund]] company in 1987, called ''Cramer Berkowitz''. The fund operated out of the offices of hedge fund pioneer Michael Steinhardt's Steinhardt, Fine, Berkowitz & Co., and early investors included [[Eliot Spitzer]] (a Harvard classmate and one of his oldest friends),<ref>{{cite news |title=A Rather Sedate Jim Cramer Reacts to Spitzer Prostitution Revelation |url=http://newsbusters.org/blogs/jeff-poor/2008/03/10/cramer-reacts-spitzer-prostitution-revelation-later-says-he-d-bank-social |publisher=NewsBusters.org |author=Jeff Poor}} March 10, 2008.</ref> Brill, and Peretz.<ref>{{cite news |title=Meet CNBC's Mad Money Man |url=http://www.usnews.com/usnews/biztech/articles/070218/26eecramer_2.htm |publisher=usnews.com |author=Alex Markels}} 2/18/07.</ref>

Line 92: Line 92:

*''You Got Screwed: Why Wall Street Tanked and How You Can Prosper'' (November 2002)

*''RealMoney: Sane Investing in an Insane World'' (March 2005)

−

*''Mad Money: Watch TV, Get Rich'' (December 2006)<ref>Jim Cramer. [http://www.cnbc.com/id/16005693/ Mad Money: Watch TV, Make Money], CNBC, December 2, 2006.</ref>

+

*''Mad Money: Watch TV, Get Rich'' (December 2006)<ref>Jim Cramer. [http://www.cnbc.com/id/16005693/ Mad Money: Watch TV, Make Money], CNBC, December 2, 2006.</ref><ref>James J. Cramer, Cliff Mason. [http://books.google.com/books?id=ubshH_5MP2cC&lpg=PP1&dq=How%20much%20is%20Jim%20Cramer%20worth%3F&pg=PP1#v=onepage&q=&f=false Jim Cramer's mad money: watch TV, get rich]</ref>

−

*''Stay Mad For Life: Get Rich, Stay Rich'' (December 2007)

+

*''Stay Mad For Life: Get Rich, Stay Rich'' (December 2007) <ref>James J. Cramer, Cliff Mason. [http://books.google.com/books?id=l6-GkHUu5qwC&lpg=PP1&dq=How%20much%20is%20Jim%20Cramer%20worth%3F&pg=PP1#v=onepage&q=&f=false Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)]</ref>

*''Getting Back to Even: Your Personal Economic Recovery Plan'' (October 2009)<ref>Jim Cramer. [http://www.thestreet.com/story/10610767/1/cramers-advice-dont-give-up.html Cramer's Advice: Don't Give Up], TheStreet.com, October 13, 2009.</ref><ref>http://books.simonandschuster.com/Jim-Cramer's-Getting-Back-to-Even/James-J-Cramer/9781439158012</ref>

DerekE

Block, SkipCaptcha, Automoderated users, edit

2,206

edits