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Clash of the Financial Pundits: How the Media Influences Your Investment Decisions for Better or Worse by Jeff Macke, Joshua M. Brown

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CHAPTER 17

THEY DON’T GET CRAMER!

I think that stocks have been this tremendous, tremendous equalizer for people in this country. Guys who can’t make a lot of money at their jobs have been able to make a lot of money in the stock market.—JAMES J. CRAMER

 

One Sunday morning in the fall of 2003, I had walked a few blocks from my Upper East Side apartment over to the 92nd Street Y for a daylong event at which James J. Cramer would be holding court, speaking to and with individual investors about the stock market.

On the way over, I thought about the fact that I’d read just about everything Cramer had ever written up until that point, beginning with his online columns at TheStreet.com and culminating with his bestselling autobiography, Confessions ...

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