Jim Cramer’s Getting Back to Even!

I had the pleasure (yes, I really did love it) of working under Jim Cramer at TheStreet.com (TSCM). On my first day, I opened my desk drawer and found a copy of Jim’s first book, Confessions of a Street Addict. It is truly one of the best Wall-Street books of all time, simply because Jim doesn’t hide anything – unlike many traders and money managers who never admit any of their mistakes, Jim let it all hang out – vomit and all.

I highly recommend picking up Confessions of a Street Addict – especially since you can buy it used on Amazon.com for less than a buck! There is simply no better book out there about the hedge fund game.

On to the real news – Jim’s got a new volume on the way entitled Getting Back to Even. Here’s a quick excerpt from the Amazon.com (AMZN) description:

In his new book, Cramer offers the most detailed guidance he has ever given on how to invest in a changed market. Savvy investors will not just survive; they will thrive. Cramer begins with six rules for protecting the money you have and making sure that you have the money you need. (Rule Number 3: Skip the first four stages of portfolio grief: denial, anger, bargaining, and depression.) Your portfolio won’t fix itself; you have to do that. It’s easy to close your eyes and pretend that it all never happened, but you’ll never get back to even that way, much less profit from the opportunities that this new market offers to investors who know where to put their money. One key to making investment decisions is to watch what the mutual-fund managers are doing and — better yet — to anticipate their moves. Cramer tells you how to do this. Their decisions will move markets, and you want to profit from these moves.

So if you’re a Jim Cramer fan or just wondering what the heck to do in one of the craziest stock market environments in history, you may want to pick up this boook.

Click here to order Jim Cramer’s Getting Back to Even from Amazon.com.