 |
|
|
|
|
|
| Jim Cramer's Real Money: Sane Investing in an Insane World - [AUDIOBOOK] (Audio CD) |
|
List Price: $29.99 |
|
Our Price:
$24.99
 Shipping starts at $4.95
|
|
|
| Availability: *Ships within 24-48 hours. For Express/Overnight shipping, please order by 10AM PST for same day shipping and next business day* delivery. *Read our shipping policies. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*All product box shots are for illustration purposes only.
*Must add item: Don't forget to purchase your cheap HDMI cables starting at $4.99- What a deal!
*Are you protected? Looking for the best Antivirus software in the market? Prices start at $3! |
|
|
Item Description
After telling the story of his own trading days in Confessions of a Street Addict, Cramer appeases fans hoping for advice on how to duplicate his success with their own investment portfolios. But not without some strong caveats: his approach requires devoting at least an hour a week to educating yourself about each stock you own. But since most pros are "rank amateurs themselves," anyone willing to do the work should consider getting in. Cramer breaks down the fundamentals of his investment approach, built on the twin principles of diversification and speculation: while most of your portfolio should contain reliables like oil, financials and blue-chip companies, 20% percent of your money should go toward a slightly riskier bet on a company's future ("owning a stock is a bet on the future, not the past"). He also explains techniques for figuring out when to buy rock bottom stocks and sell the ones that have hit their peaks. Cramer drills his main points over and over, which can get repetitive on the anecdotal level but reinforces the simplicity of his message: investing is for anybody willing to put the time into learning how to do it right. His 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. Either way, Cramer's radio, TV and print platforms are sure to make this one another hit. Agent, Suzanne Gluck at William Morris. (Apr. 5) Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. --This text refers to the Hardcover edition. Cramer, cofounder of TheStreet.com, the daily financial news Web site, and cohost of CNBC's Kudlow & Cramer, is a successful trader and former hedge-fund manager. His autobiography, Confessions of a Street Addict (2002), was an honest portrayal of his sometimes-brutal rise to the top; it was not a trading manual. Here Cramer reveals how he made his money and distills his methods so that the average reader can understand them. Rather than catering to the Wall Street party line of "buy and hold" investing, he is an advocate of "buy and homework." He recommends starting with just four stocks in safe, diverse sectors and devoting a minimum of one hour per week of study to each company. Although others condemn speculation as pure gambling, Cramer insists that the fifth part of your portfolio should be devoted to a purely speculative play to take advantage of potential "home runs"; although much of his advice is for serious students of the market, there is a special trial offer for ActionAlertsPLUS.com, a Web site where Cramer openly reveals all of his trades before he makes them, giving his subscribers the opportunity to get in before he does. David Siegfried Copyright © American Library Association. All rights reserved --This text refers to the Hardcover edition.
|
| Item Code: |
6310HRD |
| Author: |
James J. Cramer |
| ISBN: |
0743561236 |
| ISBN-13: |
978-0743561235 |
| Publisher: |
Simon & Schuster Audio; Abridged edition (October 17, 2006) |
| Our Price: |
$24.99 |
| Product Package: |
Audio CD-ROM
(What is this?) |
|
|
|
|
