Jim Cramer is a hedge fund manager turned television personality who co-founded TheStreet.com Inc
@Business People, Birthday and Childhood
Jim Cramer is a hedge fund manager turned television personality who co-founded TheStreet.com Inc
Jim Cramer born at
He met Karen Backfisch, a trader working with Michael Steinhardt’s hedge fund, and married her. They had two daughters and divorced in 2009.
He has often been accused of market manipulation and fraud. He also received negative publicity for his comments on President Obama’s spending plans.
He was born into a Jewish family in a suburb of Philadelphia. He attended Springfield Township High School in Montgomery County.
He went to Harvard College and graduated magna cum laude with a B.A. He was interested in journalism and worked for ‘The Harvard Crimson’ gradually rising to become its president.
He worked at a number of entry-level reporting jobs after leaving college. While working for the ‘Tallahassee Democrat’, he covered high-profile serial murder stories—the Ted Bundy killings—for which he received considerable attention.
He also worked briefly for the ‘Los Angeles Herald-Examiner’ and was one of the first reporters at ‘American Lawyer.
He went to Harvard Law School to pursue a degree in law. There he worked alongside with Alan Dershowitz as a research assistant. He graduated in 1984.
During his stint at Law College he became interested in finance and started trading in stocks. With his knowledge of the stock market he helped Martin Peretz, the owner of ‘The New Republic’ earn a huge profit on his stock investments.
After working briefly at a law firm, he was offered a job as a stockbroker in what was then the Securities Sales Department of Goldman Sachs. He held the position for three years.
TheStreet.com, Inc. the website he co-founded with Martin Peretz, is one of his biggest achievements. The website initially published financial news and services though later on the company grew to encompass subscription investor services, banking services, mobile applications and also a charitable trust portfolio.
He is famous as the host of the show ‘Mad Money’ which he has been presenting since 2005. He provides stock picks and investing advice on the show and also takes calls from viewers regarding the stocks.