Jim Cramer (James Cramer)
Definition of 'Jim Cramer (James Cramer)'
Cramer was born in Wyndmoor, Pennsylvania, and raised in Bryn Mawr, Pennsylvania. He attended Harvard University, where he majored in economics. After graduating from Harvard, Cramer worked as a stockbroker for Paine Webber. In 1987, he founded Cramer & Co., a hedge fund. Cramer & Co. was successful for several years, but it lost money during the 1990 stock market crash. Cramer closed the fund in 2000.
In 2001, Cramer began hosting Mad Money on CNBC. Mad Money is a financial news show that focuses on stock market investing. Cramer is known for his outspoken personality and his use of colorful language. He has been criticized for his aggressive investing style and for his promotion of questionable investment strategies.
Cramer has written several books, including "Confessions of a Street Addict" (2002), "Jim Cramer's Stay Mad for Life" (2005), and "Jim Cramer's Mad Money" (2006). He has also appeared in several films, including "The Wolf of Wall Street" (2013) and "The Big Short" (2015).
Cramer is a controversial figure. He has been praised for his ability to explain complex financial concepts in a way that is accessible to the average investor. However, he has also been criticized for his lack of objectivity and for his promotion of risky investment strategies.
Despite the controversy, Cramer remains one of the most popular financial commentators in the United States. He has a large following on social media and his show is one of the most-watched financial news programs on television.
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