Everyone on Wall Street knows Jim Cramer, and Cramer knows Wall Street better than anyone. In the most candid and outrageous look at Wall Street since Liar's Poker, Cramer, co-founder of TheStreet.com, radio and television commentator, and for years a premier money manager, takes readers on the wild ride that is Wall Street -- revealing how the game is played, who breaks the rules, and who gets hurt.
Confessions of a Street Addict takes us from Cramer's roots in the middle-class Philadelphia suburbs to Harvard, where he began managing money, and then to Goldman Sachs, where he went into business with his wife -- Karen, the "Trading Goddess" -- as his partner. He brilliantly describes the life of a money manager: the frenetic pace, the constant pressure to outperform the market and other fund managers, and the sharklike attacks fund managers make as they circle a fund perceived to be in trouble.
Throughout the book Cramer is characteristically outspoken, offering his hard-won insights about the market and everyone in it, himself included. There has never been a more eloquent market insider than Cramer, nor a more high-octane book about Wall Street.
Amazon.com Review It's hard to think of anyone more intense or opinionated, or who wears as many hats as James Cramer. In Confessions of a Street Addict, the man who first made a name for himself on Wall Street successfully managing his hedge fund--and then became famous on Main Street with his manic appearances on CNBC--tells the improbable story of his career as journalist, Wall Street pundit, Internet entrepreneur, and television commentator. For the most part, Cramer manages to avoid the self-congratulatory hype that mars so many books of this ilk; in fact, what makes Confessions so compelling are the shots that Cramer takes at himself, be it his now infamous capitulation during the stock market panic of October 1998, when he wrote a piece for TheStreet.com advising readers of an impending crash just as the market began to rebound, or the callous way he treated so many around him in pursuit of the next trade. Here's an informative, honest, and rollicking read for fans of CNBC, TheStreet.com, or anyone who has ever lost sleep thinking about their portfolios. Highly recommended. --Harry C. Edwards
Absolute Page Turner December 27, 2008 Excellent inside account of the Workings of Wall street..not many see. I always find addictive personalities fascinating and Jim Does not disappoint. I will make this short and sweet...If you liked the Movie Wall Street..You will LOVE this book! Excellent!
Great Book October 20, 2008 Great book about Jim Cramer's life as a young author to being one of the most powerful wallstreet traders.
The Cramer You Never Knew October 4, 2008 1 out of 1 found this review helpful
This is a great book. I've watched Jim Cramer on television, but never knew the whole story. From his days working as a reporter, to his time at Harvard Law School, on to Goldman Sachs, and eventually his own hedge fund. This is an up close and personal look at one of America's favorite money men. I highly recommend this book.
Cramer like you wouldn't recognize from TV September 9, 2008 I enjoy watching Cramer's Mad Money tv show, but I had no idea how chaotic his career was before he had the show. I just assumed he made lots of money and everything was hunky dory. It was not, you have to read the story to believe it.
Loved It.......... July 16, 2008 If you like Cramer even a little you will truely enjoy this book. It really helps to understand where he has come from, and how he got to where he is today..... I have passed this book along to many and they also loved this easy read. I, too, believe it would make an interesting movie....enjoy.
