Rating: Summary: This book is rocking Wall Street! Review: Nicholas Maier has given us an amazing insight into the truth behind the Jim Cramer that we see everyday on TV. Mr. Cramer can protest all he wants, but I don't think that even he can stop the truth from coming out this time. This book is a raw, honest look into Cramer's manipulation of Wall Street. This story is exploding - Read the book that started it all!!
Rating: Summary: Gossipy, silly, and flawed Review: Sorry Nick, but I didn't buy this book. Read it in two sittings at a local bookstore. Seemed appropriate, given the subject: the legally dubious behavior of all comers in the Great Bull Market of the 90s. Anyway, this is a very entertaining book, that actually, if possible, makes its subject, hedge fund maanger Jim Cramer, almost sympathetic. Not entirely -- it's hard to with him threatening employees' families, engaging in silly machinations to inflate share price, and generally being a childish hot-head -- but Maier, in a drive-by sort of way, makes Cramer human. And that's saying something.
Rating: Summary: A must read if you really want to know how things work! Review: If you are serious on trading stocks this books i a must read. Nicholas W. Maier is a good writer and takes you through a lot of examples of why the small traders is always the last to know when certain news is out and thereby have a thougher time earning money of the market.What is really funny about thisbook is the telling about the way Jim Cramer trades. I have never heard of anybody who throws monitors and that is what makes this book so funny. It will not teach you how to trade in any particular way but you will be sure to know a little more about how things really work. After having read this book I can highly recommend reading "Confessions of a Street Addict" by James J. Cramer himself since that is the answer to this very fine book.
Rating: Summary: The truth, the whole truth, and nothing but the truth! Review: MR. Maier's bravery and honesty should be commended! It is about time that Jim Cramer is exposed for the fraud that he is. Don't just take my word for it...see what Victoria Murphy has uncovered. This is going to explode, and If you read this book, you will get an inside peak at why. BUY THIS BOOK!!
Rating: Summary: Almost 200 pages of large print whine Review: Blleeeccckkk!!! Almost 200 pages of constant whining by the author (and who is this guy, anyway?). It's been some time since I have been sorry I purchased a book, but this was a complete waste of time and money. This is like a Rob Schneider film (without the deep character development) in print. The author does a good job of outlining what he didn't understand about his job with JC, and outlines how maniacal Cramer was as a boss and trader...but anyone who has seen jC on TV or heard him on the radio could guess this story line right away. There is much screaming and use of the "F" word, but no substance or objective discussion as to the merits of Cramer's trading strategy, or how they succeeded or failed on the street. I didn't get much feeling for the author, and it makes it hard to care what he felt about his time at Cramer. At the end of chapter 13, the author explains how he got through a day without getting yelled at by blaming his mistakes on other people and taking credit for anything anyone did right that day. There is some shock value in one chapter where the author makes some allegations, but then the whining starts again for most of the rest of the book. If you're looking for some objective insight into JC's trading strategy and ability, this is not that book. If you're looking for a book by a disgruntled employee working for a maniac that constantly swears while the employee asks for clarification (all the time trying to hide his goofs and misunderstandings) this is a real page turner. It was a huge disappointment to this closet critic.
Rating: Summary: Disclaimer Does Not Make The Case ... Review: Stuck inside the front cover pages of "Trading With The Enemy - Seduction And Betrayal on Jim Cramer's Wall Street" is a playing card sized disclaimer regarding insider information and trades of Western Digital. The apparently hastily placed, breathless disclaimer adds balast to Nicholas W. Maier's snitch story. Remember that line from Shakespeare that goes something like this: He protests too much. Anon more methinks and hopes.
Rating: Summary: Entertaining! Review: I laughed my [rear] off reading this book. It was F-U-N-N-Y! I felt bad for the author, Nick Maier, who was obviously in an inappropriate job, totally unsuitable to his personality and academic background. I'm a Cramer fan, so I thoroughly enjoyed the book. Read the book, and have some fun!
Rating: Summary: So he's an ego maniac trader. Big deal. There's many. Review: I'm a mortgage trader in a regional investment banking firm so I looked forward to this book about the business even though it deals with the stock side. But many things bother me about the book. The story is of an intelligent guy clearly not qualified for a Wall Street job who gets a job at Cramer's hedge fund referred through one of the large investors. Ok, that could happen. The book does a good job of relating the mundane tasks that beginning traders perform and in that respect, I think the book would be very good for beginning I-bankers. The tasks can be very mundane but no matter how smart you are, the only way you learn is through repetition of doing the tasks daily. The author seems to have a knack for the business and eventually develops to recommending his own stocks. But the author just can't put up with the belligerent, tyranical Jim Cramer who runs the firm. Well, welcome to investment banking where egos are dominant. Yes, Cramer is the worst variety. And there are stories of illegal or at least unethical trading. But the author just doesn't appear to have the stomach for the business and can't sleep at night and can't put up with the abuse from Cramer so he eventually quits a job that started at less than $25,000 even though it quickly grew to a six figure income. I don't follow Cramer on CNBC but clearly this book is written to play on his fame. Yes, it is a hatchet job and maybe deserved. But it is very thinly written and focuses on some very petty examples. But did I enjoy it? Yes. I happen to like books about investment banking and this book had those. But I would caution that if you are looking for earth shattering information about a stock icon, it's really not here.
Rating: Summary: It's about time! Review: Finally, someone has the guts to speak out against Jim Cramer! Everyone has always known he was corrupt. I hope the S.E.C. follows through this time and, at the very least, gets this psycho off the air! Where he really belongs is in jail. I think Mr. Maier is very brave, considering all of the media clout that Cramer has. There is obviously much more to this story that Jim Cramer and CNBC are trying to bury. Hopefully someone in the mainstream media will also have the courage to stand up to Cramer and break this story.
Rating: Summary: Reality Investing Review: There seems to be a discontinuity between trading a la James Cramer and rational investing a la TheStreet.com. Is Jim just a day trader or did his hedge fund have significant long term holdings? The author doesn't tell. Of course, there had to be significant long term positions, but the author wants to attack Jim so that is what he does. It's hard to believe Jim or anyone short of a gangster would threaten another man's children. Maybe he was yelling that garbage into a dead telephone to relieve pressure. This is a story I cannot trust. What we have here is an author who lived in an alleged hell for five years who only left after he was fired and then complains.
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