This man has an ego as large as his bank account, which is presumably enormous. His writing is a bit rambling, but his insights into buying stocks are excellent. He advises "homework" without always describing where to find all the data, however his overall view of strategies are excellent, and he does tackle both market cycles for more speculative investing, and longer-term investing for retirement. Recommended.
I am not the biggest fan of Jim Cramer, I find that more often than not his "picks" are incorrect, but every once-in-a-while, even a blind squirrel finds a nut. I think at this point Cramer has published one too many books that are beginning to repeat others. However, I do find his books to be more useful than his television show, and I think he does a good job at explaining in detail fundamental investing information very effectively. My problem with the book is that I feel it leaves the reader hanging. There are too many occasions where it seems like a cliff hanger, a good chapter than leaves me with questions, perhaps waiting for the next book. Of Cramer's work, I don't think this is best. Try the book below for a better read:
Confessions of a Street AddictConfessions of a Street Addict
I read this one of the times when I thought I wanted to make a mint. It's pretty good, I guess. Basically, the gist of it is a system for trading if you are willing to commit yourself to dedicating a huge amount of time managing your portfolio. Otherwise, Jim recommends some good index funds to put your money into.
This is not a book that I could read "cover to cover" - I stopped somewhere in the middle and plan to pick it up again later. There are chapters, but the whole book seemed to be one continuous stream of thought, so even though I didn't get to the end I feel like I have "read" the book. I thought it had great advice that I could actually understand, and Cramer was witty enough to keep my attention. This is the first book on investing that I was able to actually read, comprehend, and not fall asleep. So for that, it gets three stars!!!
Honestly a really fun read. I get that it’s unpopular to advocate stock picking. But Cramer is basically saying, look if you want to play the game, here’s my advice, and by the way don’t screw with your retirement, just use discretionary funds.