A Confession of a Wall Street Addict

Author: James J. Cramer
Publisher:
Publish Date: 2003-12-01
Features: Cramer showcases his distinct personality with vivid and humorous language in the book. He is candid, blunt, and even rude to everyone, including himself. He reveals the life of Wall Street to readers without reservation—how the game is played and who will face merciless punishment for breaking the rules. To date, no book has described Wall Street with such passion. Everyone on Wall Street knows Cramer, and Cramer knows Wall Street better than anyone else. This book vividly records the rise and fall of Cramer as a hedge fund manager on Wall Street—the frantic work pace, the ever-changing market dynamics, the immense pressure from other fund managers, the shark-like attacks when discovering a fund in crisis, and the panic of facing imminent ruin. Both mythical overnight riches and nightmare-like bankruptcies have befallen Cramer, yet his fund company has miraculously survived the flames of destruction, achieving a compound annual return of 24% and becoming one of the most successful hedge funds on Wall Street.