Friday, June 26, 2015

Jim Cramer's Mad Money - Give It a Chance



          I would like to take a little time to reflect on a show that gets a lot of love, while also receiving just as much hate. Jim Cramer has hosted “Mad Money with Jim Cramer” on CNBC since 2005 and his viewer base continues to grow. It is a know fact that he has made many people rich with his stock recommendations that, many times, go against the grain of the rest of Wall Street. With that, I would like to think a lot of the hate he generates is from the people who sheep off of him and it doesn’t work out. As you know with the stock market, no matter how good it looks on paper, you never truly know (If you do, have fun in prison). I, personally, enjoy watch Jim Cramer’s show because he makes a lot of good points about certain stocks that you wouldn’t normally think about. On top of that, he is a wealth of knowledge. When people call into the show to ask his opinion on an investment they are considering, he always gives them a very blunt answer that he backs up with educated opinions. One of Cramer’s major selling points for the show is that he doesn’t want to tell you where to invest (although that’s why many people watch it), rather he wants to teach you how to think about the market. He wants you to think as if you are one of the big players on Wall Street, even if you are only managing a $1000 portfolio. Even if you have heard bad things in the past about Jim Cramer’s Mad Money, I implore you to give it another shot with a more open mind. Find him on CNBC every weekday at 5PM CT.

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