After telling his story of the old trading days in Confessions of a Street Addict
, Cramer dive right into the good stuff. Cramer tells all when he defines how to duplicate his success and make it your own in Jim Cramer's Real Money: Sane Investing in an Insane World
. Cramer does this in a way that shows the average investor that his approach requires devotion- an hour each week of market education will make average investors into great investors. However, since most pro investors are "rank amateurs themselves," those willing to do the hard work should definitely consider getting into the world of investing.
Jim Cramer will break down what approach you need to take built on the principles of diversification and speculation. 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").
Cramer dives into techniques for finding the right time to buy at rock bottom prices and sell the top performers that hit their all-time highs. Cramer can be repetitive at times, but this only solidifies the message that investing is for anyone willing to put the time into learning, growing, and doing it right. Definite enthusiasm about what he does and how he does it gives a clear message that on Wall Street there's always a bull market- Sane Investing in an Insane World will help you find it.
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Jim Cramer's Mad Money: Watch TV, Get Rich
Confessions of a Street Addict
