Customer Reviews:
| Showing reviews 271-273 of 273 | | « PREV 1 ... | | |
Hire Jim, Fire Merrill! April 8, 2005 15 out of 22 found this review helpful
If you trade in the stock market, you should read this book! It's worth the price fifty times over just for Jim's 25 stock picking rules to live by.
I recently inherited a large amount of money that would have been 100% larger if it handn't been handled by Merrill Lynch and Legg Mason from 2000-2002. Thanks to Jim's street.com advice, I've fired the so-called "professionals" and run the money myself for the past two years. What a difference! I've made back all the money the brokers lost and much, much more.
Jim is absolutely right when he says a strategy of "buy and hold" should be thrown out with last week's trash. No matter what Merrill,Lynch tells you, don't listen. It's suicidal!
Jim may have compromised his soul a bit running a hedge fund for billionaires in the 90's, but whatever you did, Jim, you've more than redeemed yourself with REAL MONEY. Your mother, who cares more about your soul than your bank account, should be very, very proud.
Jimbo, go! you are the man, booya! March 26, 2005 16 out of 30 found this review helpful
He provide solid advice on stock picks and money management. Great book! Anthor homerun, Cramer!
Trade with Cramer for about 3 years using his Action Alert Plus. The realtime calls are really great, now I always buy immediately after his calls. At least 3 times a month, there are picks have more than 10% gain in less than two weeks. But be sure to enter the position quick enough and stay alert all day, or the stock may rise too fast and too quick. I blame myself so many time not able to pull my triger quick enough. Thanks Cramer for making me rich.
Hoping get more alerts from you, Jimbo!
A must for any investor March 23, 2005 28 out of 46 found this review helpful
Now, keep your laptop near by if you are the type of stockpicker who never looks at stock details. Various terms will be introduced and you might need to look those terms up as you read. However, Cramer's theory appears understandable. In summary, you must always 1. be diversified, 2. be aware of market conditions (no each company you invest in), 3. be aware of the price and earnings, but more importantly the multiples, 4. watch the fed and stay ahead, 5. keep your eyes open in the consumer market place, and 6. be aware of GDP. Cramer at last allows for speculation. All this can be done with 5 simple stock picks and money can be made. I continue to read more details and hope Mr. Cramer knows what he is talking about. However, logic 101 states: "Always know who your sources are." I have watched Mr. Cramer on TV and know he has made much money. Therefore, it is better to bet on him than many other talking heads you encounter. Mr. Cramer, one reader is listening and willing to trust you as my source for picking the winners and well as the long shots.
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