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Library JournalFormer hedge fund manager Cramer is becoming an investment icon. He hosts both a national radio program, Real Money with Jim Cramer, and CNBC's Mad Money. His new book is a companion to the TV show and an extension of his best-selling investment guide, Jim Cramer's Real Money. In his new book, Cramer takes examples from his TV show to explain stock investing concepts such as forward earnings, sector momentum, institutional traders, and why stocks are different from their underlying companies. He explains how he does his TV show's "lightning round," in which he evaluates viewers' stock ideas on the fly. The best part of the new book is a set of updated investment rules that he distilled from doing the show. As he does on TV, Cramer comes across as somewhat over the top, which makes him as entertaining as he is educational. His new book needs to be read in concert with Jim Cramer's Real Moneyand should be popular with his fans. Both books are required reading for individual investors and both should be in all public and most academic libraries.
—Lawrence R. Maxted