I am a professional investor and I truly admire what Jim Cramer does for the average investor. In this book, Cramer says that unless you have time and dedication, you should not be picking stocks and managing your money. But if you are willing to do the work, here is what you need to do:

* Listen to conference calls
* Read articles
* Read annual and quarterly statements and reports and UNDERSTAND them

I cannot overemphasize the "UNDERSTAND" part of reading the reports. If you don't understand a company, don't buy it. Not understanding does not mean that you are not intelligent. Warren Buffett once said that he doesn't understand 90 percent of businesses. Luckily, he understands 10 percent. I don't know anyone questioning Mr. Buffett's intelligence.

The second very important point Jim makes is that you need to spend a minimum of one hour per position per week doing research. Jim insists to have at least five positions to be diversified. So if you do not have five hours per week, let someone else manage your money.

I highly recommend this book to anyone interested in managing their own money.

- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

Jim is the best at getting directly to the point of explaining how to buy and sell stocks.

I read Real Money from cover to cover and will re-read it until I memorize every rule and every bit of theory. Real Money makes so much sense that I need to understand the entire book before I'll try my hand at trading.

I purchased Real Money from this Vendor in june and the response was prompt.
The book was in good condition as pictured.
Thanks

Even Jim in his early days struggled with problems of "cost basis paralysis" that many individual investors deal with. This is until his wife took his stock sheets and whited out his cost basis which allowed him to think clearer about the merits of keeping a stock, namely Maytag that he owned. In another anecdote he described how he decided to invest in AT&T wireless. He asked his daughter "how come you never get frustrated with a busy signal when voting for American Idol" her reply was that she texted her vote but that an AT&T wireless device is needed to do that.
There are tips on top fund managers and funds in different categories. Also a chapter on how to spot a market bottom which I found easy to follow but insightful. It included simple criteria as finding a bear market article in the front page of the New York times, Bullish vs bearish investment advisor survey (in this case you need at least 60% bearish). The logic here is that if most are bullish then most money is already nvested in and little money is available for new investment. Volatility index above 40, and a selling climax defined by at least two months of fund outflows. A similar chapter in tops in individual stocks was quite useful with the one warning I found most interesting is tendency of hyped stocks to almost always end up making a seconday offering below the latest traded price signaling the end of the run. Many other tips in this chapter such as accounting problems, over expansion using acquisistions, etc are included. All in all as other reveiwers say not the endgame but a good start.

Easy read and clear cut concepts to approach sector rotation from a fundamental perspective. good beginner guide.

Good book for begginer or advanced investors. excellent tips to keep a level head in this shakey market.

I am a big fan of Jim Cramer and a regular watcher of his Mad Money in CNBC.I bought this book recently in much anticipation.This is the first Jim Cramer book I ever bought.

Eventhough the book is good in content, it lacks the charm of Jim Cramer.
I couldn't find it very readable like. Honestly it is bit boring.

I wish he would improve this part in his future books.

After Nov. of '08, I learned a lesson that there is no such a thing as leaving investment judgments to someone else or for that matter, there is no such a thing as a buy and hold. This is a good book to learn to manage one's asset on one's own for the novice. Anyone can do it with a commitment to homework and how to do the homework is what this book is about.

Not a bad book as an investment primer, but the most important piece of the book, a graph of Cramer's cyclical strategy for stocks is COMPLETELY ILLEGIBLE on the Kindle.

Cramer is the type of guy who loves to be the center of attention and loves to hear himself lecture other people on how to invest in a volatile market. Problem is that this guy has made so many poor stock picks since his show went on the air that most people now just laugh at him. This clown will one day tell his viewers to pick up shares in company X and then next week tell them to sell it. He flip-flops on so many companies that I really believe he is Insane like the title of the book suggests. He often tells his viewers that he used to run a hedge fund. I can't imagine how much money he lost for his clients.

Most information in the book is basic in nature for the beginner. I will however point to a couple of things I picked up and thought were useful.
One important quote from the book that I think every investor should pay attention to is
"Fundamentals of a company play only a part in what moves the stock up or down, ie there is little relation between the health of a company and that of the stock" . With average holding time of an investor of 12 -18 months this is more true than ever. This is why technical analysis and other factors enter into the equation in a big way.
Another concept that I was able to translate into profitable trades is the following. To identify stocks that are game breakers set to explode you need to pay attention to the following: 40% management,30% fundamentals, 15% technicals, 15% special factors.
What I found most applicable to short term trading are these special factors. A stock between $1 and $15 with low float and low capitalization .The high demand with low float create sort of a short squeeze ie more demand than there is float supply. This is one version of a short squeeze where investors are buying into a company with low float and there are not enough shares to go around. Plan to get out when the volume starts becoming so high that the stock found a level where everyone wants to get out. This usually happens after splits and secondary offerings.
By reading some other books that are more technically oriented I was able to translate this idea into a money making trading approach by focusing on a different type short squeezes.The one where the stock has a high volume of shorted shares but the technicals of the stock are strong. When the shorts try to cover there are just not enough holders willing to sell, the price gets bid up to tempt holders to sell and the stock takes off.

Cramer is so embedded in the corrupt Wall Street system that he's pretty much giving advice that is counter to common sense. Beware folks! When common sense goes out the window, market crashes are looming on the horizon. Cramer was embedded in the Wall Street lunacy that produced derivatives that made billionaires out of the few and paupers out of millions. The one thing that history shows that Cramer's advice is good for is as a guide as to what not to do.

He has tried at every turn to prop up the market and keep this shell game that we now have happening, going. It's like he was vested in the very system he was reporting on, covering his pals on Wall Street.

Great book to learn and understand the basics and the not so basics of the markets, highly recomended

Nothing but common sense in this book! Contantly saying "You need to know or you have to know". If I could predict the market, I wouldn't be buying your book. There is nothing in this book you don't already know. Alot of words, no point! Please, tell us something we don't already know. If you are going to write a book, know something wise! Hated it!

This is an excellent book - unbiased - instructive and a good reference book for how tos.

I bought this book for my husband for xmas. He has not put it down.Good book for anyone that wants to really be imformed about the stock market!