First of all, be sure to read his "Real Money" book before you read this one. This book will give you a bit more background on his TV show. However, the updates that he suggests in this book makes you realize that writing a book about investing isn't that helpful because market investing is such a dynamic scene.
Somewhat entertaining read, but there's the false implication that an individual can consistently achieve market-beating returns. Reasonable advice for putting some extra "mad" money to work in individual stocks as a hobby, but index mutual funds are the way to go for the vast majority of investable assets.
Unlike Cramer’s other books, this one is more dedicated towards understanding his show - Mad Money - than engrossing you in stock trades. He does this skillfully, teaching about stocks as you read. I wish I had read this earlier, as it would have helped me understand the show and who The Professor is, rather than try to puzzle together all the buttons and sayings.
That said: I’d read Confessions of a Street Addict first, then this one, then some of his others.
Nice to finally read the book that explains his show. I’ve watched his show since I was in HS and never understood some of the buttons and things he said.
Also, the trading advice in this book is very applicable to the average trader. Puts it in simple terms to help you make money.
It felt that he was trying to give all the “insider” information he could from his time on Wall Street.
The show is a lot better than listening to his book on CD. His voice has a fingernails on the chalkboard effect when you are not physically watching him on TV. Good content...tough to listen to.
While many people think Cramer is obnoxious, he really understands the details and intricacies of Wall Street. He breaks The Street down into understandable and coherent points without losing the big picture or the overall story. Investing is truly all about the story.
After finishing the book..... Yes, the book is framed within the concept of his TV show. But that does not prevent him from providing simple, easy to follow methods for researching and analyzing stock. This is a good book for any level of investor.
4 stars if you watch the show and are new to Mad Money. If not then this book may give you some insight here and there but your time would be better spent reading something more general in scope.