Jim Cramer runs the charitable trust portfolio, Action Alerts PLUS, and writes daily market commentary for TheStreet's RealMoney premium service. He also participates in video segments on TheStreet TV and serves as host of CNBC's "Mad Money" television program.
Cramer graduated magna cum laude from Harvard College, where he was president of The Harvard Crimson. He worked as a journalist at the Tallahassee Democrat and the Los Angeles Herald Examiner, covering everything from sports to homicide before moving to New York to help start American Lawyer magazine. After a three-year stint, Cramer entered Harvard Law School and received his J.D. in 1984. Instead of practicing law, however, he joined Goldman Sachs, where he worked in sales and trading. In 1987, he left Goldman to start his own hedge fund. While he worked at his fund, Cramer helped start Smart Money for Dow Jones and then, in 1996, he founded TheStreet. In 2000, Cramer retired from active money management to embrace media full time, including radio and television.
Cramer is the author of Confessions of a Street Addict," "You Got Screwed," "Jim Cramer's Real Money," "Jim Cramer's Mad Money," "Jim Cramer's Stay Mad for Life," "Jim Cramer's Getting Back to Even" and, most recently,"Get Rich Carefully." He has written for Time magazine and New York magazine and has been featured on CBS' 60 Minutes, NBC's Nightly News with Brian Williams, Meet the Press, Today, The Tonight Show, Late Night and MSNBC's Morning Joe
Recent Articles By The Author
Steadily, the once-revered markets of Brazil, Russia, India and China have become hazardous places to do business.
Lower rates are terrible unless you spend money, buy goods, create businesses, refinance loans and basically exist in America.
Here is what is really happening with the China trade war, and how to think about your portfolio as it continues.
Because of our strong economy with virtually no inflation, we have the upper hand in the Chinese talks and, I believe, we could get a deal if we thought the Chinese were going to change their ways, not just their buying patterns.
And why they should not have been broken.
It would help if our allies -- particularly the Germans -- were to agree with our Treasury Secretary, because they have much more to lose from a devaluation of the yuan than we do.
Remember we are a domestic, service economy, not a big exporter, so it's not all that hard to find good stocks.
The rule is causing us to put money to work looking for stocks that are down 10% or more from their highs.
These stocks and sectors are safe havens, and may even be opportunities.