Automotive Holiday Deals Up to 50% Off Select Books Shop Men's Athletic Shoes Learn more nav_sap_SWP_6M_fly_beacon Prime Music Sweepstakes egg_2015 All-New Amazon Fire TV Grooming Deals Gifts Under $50 Amazon Gift Card Offer cm15 cm15 cm15 $30 Off Amazon Echo $15 Off All-New Fire Kindle Voyage Cyber Monday Sweepstakes in Prime Music Shop Now HTL
Jim Cramer's Real Money: Sane Investing in an Insane World and over one million other books are available for Amazon Kindle. Learn more

Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
  • Android
  • Windows Phone
  • Android

To get the free app, enter your email address or mobile phone number.

Buy Used
Condition: Used: Good
Comment: This item is gently used in good or better condition. If it is a textbook it may not have supplements. It may have some moderate wear and possibly include previous ownerâ€TMs name, some markings and/or is a former library book. We ship within 1 business day and offer no hassle returns. Big Hearted Books shares its profits with schools, churches and non-profit groups throughout New England. Thank you for your support!
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

Jim Cramer's Real Money: Sane Investing in an Insane World Hardcover – March 29, 2005

416 customer reviews

See all 14 formats and editions Hide other formats and editions
New from Used from
"Please retry"
"Please retry"
$1.57 $0.01

Take an Extra 30% Off Any Book

Special Offers and Product Promotions

  • Take an Extra 30% Off Any Book: Use promo code HOLIDAY30 at checkout to get an extra 30% off any book for a limited time. Excludes Kindle eBooks and Audible Audiobooks. Restrictions apply. Learn more | Shop now

Editorial Reviews

From Publishers Weekly

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.

From Booklist

Cramer, cofounder of, 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, 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

Hero Quick Promo
Holiday Deals in Kindle Books
Save up to 85% on more than 1,000 Kindle Books. These deals are valid until November 30, 2015. Learn more

Product Details

  • Hardcover: 320 pages
  • Publisher: Simon & Schuster; First Edition edition (March 29, 2005)
  • Language: English
  • ISBN-10: 0743224892
  • ISBN-13: 978-0743224895
  • Product Dimensions: 6.1 x 1.1 x 9.2 inches
  • Shipping Weight: 1.6 pounds
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (416 customer reviews)
  • Amazon Best Sellers Rank: #102,962 in Books (See Top 100 in Books)

More About the Author

Jim Cramer is host of CNBC's Mad Money w/Jim Cramer and co-host of Squawk on the Street. He is Chief Markets Columnist for TheStreet, where he also manages his charitable trust subscription newsletter, He is the author of six previous books, five of them major national bestsellers, including Confessions of a Street Addict and Jim Cramer's Mad Money.

Customer Reviews

Most Helpful Customer Reviews

209 of 216 people found the following review helpful By M. A. Shoemaker on September 5, 2005
Format: Hardcover
I loved the book! I hated the book! And I have recommended it to many and continue to do so, but with caveats and frustrations.

First, if you haven't watched Cramer's `Mad Money' program at least once on CNBC, you need to do so. One show will give you more insight into Cramer's emotional make up and give you more of what to expect from his writings than any review! He is, at once, informative, opinionated, contradictory and entertaining. Well, my wife would disagree about the latter!

Second, like him or not, he is one of those rare investment book writers whose track record is quite public. And he has practiced what he preaches to make (and lose and make again) millions in the market, mostly using other peoples money! To ignore someone with his success is not smart, but to take anyone's investment opinion as the `only truth' is equally risky.

So, let's get to why I stated that I loved this book. Because I do strongly recommend this book to people relatively new to managing their own investments. I especially appreciate his `buy and homework' mentality since many people try to manage their investments without accepting that there is indeed work to be done. He does a good job of explaining why fundamentals are important and how to utilize basic measurements. He does a very good job in explaining market cycles, especially the major ones that cause `big money' (pension funds, mutuals, etc.) to move in and out of various sectors. In general, this is an excellent first read for people new to investing and a reminder of some basics for the rest of us.

Okay, so why did I sometimes feel that I hated the book. Well, first let's acknowledge that there is no perfect investing book or system.
Read more ›
4 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
86 of 89 people found the following review helpful By Renee on April 6, 2006
Format: Hardcover
Many of Jim Cramer's recommendations are nothing new -- diversify; know companies before you buy; keep up with your holdings; know when to get out. What's new is in his temperament. His take on evaluating risk, when to make a quick trade or a longer-term investments, what constitutes diversity. How to know when a company is over or undervalued. The "before buying" and "when to sell" checklists are really useful -- a reminder not to skip any steps. The anecdotes are illustrative and amusing. Especially the one where he sets himself up in a short squeeze. A lot of this seems logical, and I can see how it can help me avoid errors I have made in the past.

Something is missing though -- HOW to do homework. How to calculate growth. How much growth is enough? Enough for what? How much growth is needed to justify that PE? And how long would that kind of growth have to continue? Why? (a couple of spreadsheets would help here). Using price appreciation + dividends when figuring how your portfolio is doing. How about some discussion of the different ways different types of businesses are run, and how this is reflected in their financial statements? For each of the "diversification" sectors he recommends, what can we expect the financial statements to look like? What are the important features? How does the banking business work? And what REALLY goes on when you place a buy or sell order?

This must all be second nature to Mr. Cramer, but those buying his book generally lack his education, apprenticeship, and/or career experience. We didn't start learning the stock market in high school. We need the nuts and bolts. This knowledge can be pulled from a variety of sources, but a companion "how to" volume would be a great help.
3 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
393 of 440 people found the following review helpful By G. Reid on May 1, 2005
Format: Hardcover
Mr. Cramer is full of emotion. He is on TV and radio. He has much to say about the stock market. His information is helpful, but it is only the beginning in one's learning to be successful in stock market investing. You will have to read many more books including books on technical analysis in order to gain the knowledge needed to be successful.

Cramer's 25 rules for investing are explained in this book. The rules are sound and very helpful for the investor to review. They are:

1. Bulls, bears make money, pigs get slaughtered.

2. It's OK to pay the taxes.

3. Don't buy all at once.

4. Buy damaged stocks, not damaged companies.

5. Diversify to control risk

6. Do your stock homework.

7. No one made a dime by panicking.

8. Buy best-of-breed companies.

9. Defend some stocks, not all.

10. Bad buys won't become takeovers.

11. Don't own too many names.

12. Cash is for winners.

13. No woulda, shoulda couldas.

14. Expect, don't fear corrections.

15. Don't forget bonds.

16. Never subsidize losers with winners.

17. Check hope at the door.

18. Be flexible.

19. When the chiefs retreat, so should you.

20. Giving up on value is a sin.

21. Be a TV critic.

22. Wait 30 days after preannouncements

23. Beware of Wall Street hype.

24. Explain your picks.

25. There's always a bull market.
7 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
38 of 40 people found the following review helpful By Winston Kotzan on June 26, 2005
Format: Hardcover
A perfect complement to his popular CNBC show "Mad Money", Real Money gives Cramer fans an in-depth look at what drives his stock market sageness. Many viewers of his show may be mystified as to what Cramer looks at when analyzing a company, but this book explains it all! He describes the Cramer ideas on utilizing P/E ratios, decisions from Fed, and even tips on how to judge a company's top management. This book is extremely practical because Cramer uses his saavy from 30+ years of investing experience and the lessons learned from working as a mighty hedge fund manager.

A portion of this book deals much with investment discipline - deciding how much of a portfolio should be dedicated to speculation, how to properly diversify, etc. Another focus is about reading the market and predicting which sectors will be the performers based on the overall conditions of the market. Cramer also throws in signs to look for in individual stocks by presenting many examples of good CEOs (Commerce Bank) vs. wish-washy management (Sunbeam). Cramer gives reasons why "buy and hold" no longer works and why at least a small portion of everyone's portfolio should be devoted to short-term speculation.

Real Money is a great read for anyone with money in the market. It's written for investing professionals as well as home gamers (individual investors). The investment advice is practical and definitely this is the best investment guide I ever read.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse

Want to discover more products? Check out these pages to see more: white house black market, accounting real world