Business Week Cover Story: Jim Cramer and Mad Money
Jim Cramer and Mad Money are the subject of the October 31, 2005, Business Week cover story. The story, titled "The Mad Man of Wall Street", provides a day a in the life of Jim Cramer, as well as a little bit of his background and the success of Mad Money for CNBC. It is a fairly long article (at least it seemed like it), that is unbiased and worth the read.
I still don't particularly like Jim Cramer's Mad Money or the effect it could have on the general investor as I have pointed out before. This article really drove home the point for me that Jim Cramer is a Wall Street and stock picking FREAK!
PS - One thing I was missing from my original post on Jim Cramer was his viewership which Business Week says is 384,000 as of October.
I still don't particularly like Jim Cramer's Mad Money or the effect it could have on the general investor as I have pointed out before. This article really drove home the point for me that Jim Cramer is a Wall Street and stock picking FREAK!
PS - One thing I was missing from my original post on Jim Cramer was his viewership which Business Week says is 384,000 as of October.
posted by Financial Fruition @ 6:12:00 PM
2 Comments:
I think Mad Money is trash.
JLP
AllThingsFinancial
I think Mad Money is entertainment. Why, TV is entertainment. But as with many things on TV, not everyone is looking for the fruits of knowledge, but are rather looking to be entertained. Mad Money is a product designed to entertain more and educate less. Cramer himself says it's about your 'mad' money. He's been on radio for awhile doing the same. More entertainment, with some education. Do not be bitter, as it is harmless. Those who would blindly put money in anything would do it regardless of their motivation. You know cramer means well for everyone listening to him, but he does not have time in the sound bite driven media and entertainment world to save everyone from themselves.
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