James Joseph Cramer was born on February 10,1955 and is an American television personality, author, and former hedge fund manager.
45 Facts About Jim Cramer
2.
Jim Cramer is the host of Mad Money on CNBC, and an anchor on Squawk on the Street.
3.
Jim Cramer co-founded TheStreet, which he wrote for from 1996 to 2021.
4.
Mad Money with Jim Cramer first aired on CNBC in 2005.
5.
Jim Cramer was born in 1955 in Wyndmoor, Pennsylvania, to Jewish parents, and is Jewish.
6.
Jim Cramer first began studying stocks in the fourth grade, and continued the habit through high school.
7.
Jim Cramer was one of the first reporters at American Lawyer.
8.
In 1984, Jim Cramer received a Juris Doctor degree from Harvard Law School.
9.
Jim Cramer started investing in the stock market while he attended law school.
10.
Jim Cramer made enough from trading to cover his tuition.
11.
Jim Cramer began promoting his holdings by leaving stock picks on his answering machine.
12.
In 1984, Jim Cramer worked in sales and trading at New York investment bank Goldman Sachs.
13.
Jim Cramer was admitted to the New York State Bar in 1985, but did not practice.
14.
Jim Cramer says he sold all of his stocks on the Friday before Black Monday.
15.
Jim Cramer was a frequent guest commentator on CNBC in the late 1990s.
16.
Mad Money with Jim Cramer first aired on CNBC in 2005.
17.
Jim Cramer is required to disclose any positions he holds in a stock that is discussed on the show, and is not allowed to trade any security he has spoken about on CNBC for five days following the broadcast.
18.
In 2005, Jim Cramer appeared as himself in two episodes of Arrested Development.
19.
Jim Cramer appeared in the 2008 motion picture Iron Man spoofing Stark Industries on his show Mad Money, and he appeared in the movie Wall Street: Money Never Sleeps.
20.
Jim Cramer says he consulted for the original Wall Street movie by telling the filmmakers how he would get through to Gordon Gekko.
21.
The conflict began when Fox complained that Jim Cramer promoted TheStreet stock on its network without giving advance notice to the program's producer.
22.
In January 2000, close to the peak of the dot-com bubble, Jim Cramer recommended investing in technology stocks, and suggested a repeat of the stock performance of 1999.
23.
Jim Cramer recommended investing in Bear Stearns, Merrill Lynch, Morgan Stanley, Wachovia, and Lehman Brothers before the stocks fell in value significantly and several went out of business.
24.
Paul Bolster said that Jim Cramer beats the market in part because of the excess risk in his picks.
25.
Jim Cramer described how he could push stocks higher or lower with as little as $5 million in capital when he was running his hedge fund.
26.
Jim Cramer stated that everything he did was legal, but that illegal activity is common in the hedge fund industry as well.
27.
On March 17,2008, Jim Cramer said his statements were made in regards to the liquidity of accounts held at Bear Stearns as opposed to the stock.
28.
Jim Cramer said he was not recommending the common stock, but allaying concerns about the account holder's liquidity held in a Bear Stearns brokerage account.
29.
On March 2,2009, Jim Cramer said that President Barack Obama was on a "radical agenda," and said that was responsible for "the greatest wealth destruction I have seen by a president".
30.
Jim Cramer wrote in 2009 that Nouriel Roubini was "intoxicated" with his own "prescience and vision," and should realize that things are better than he predicted.
31.
Jim Cramer responded by inviting Roubini to appear on his show, and say that to his face.
32.
On March 12,2009, Jim Cramer appeared on The Daily Show with Jon Stewart.
33.
Jim Cramer agreed that short-selling was detrimental, stated his opposition to it, and said that he had never engaged in it.
34.
On Hardball with Chris Matthews on September 19,2008, Jim Cramer blamed the Federal Reserve for the United States housing bubble.
35.
On September 15,2020, during a TV interview with US Speaker of the House Nancy Pelosi, Jim Cramer addressed her as "Crazy Nancy", and then sent several tweets in which he defended his actions.
36.
Jim Cramer later apologized for using the phrase, which was employed frequently by President Donald Trump.
37.
Jim Cramer apparently reversed this decision, though, and continued to make comments before seemingly reversing course and "welcoming" the fund, though further touting his reputation.
38.
From 1988 to 2009, Jim Cramer was married to Karen Backfisch, with whom he had two children.
39.
Jim Cramer has a 65-acre estate in the New Jersey countryside, and a summer house in Quogue, New York, on Long Island.
40.
Jim Cramer was one of about 200 candidates for the Time 100 in 2009.
41.
Jim Cramer loves Philadelphia, and has said the key to an economic resurgence of the city is a high-speed rail connection with New York City.
42.
Jim Cramer is a passionate Philadelphia Eagles fan, and cried after the team was victorious in Super Bowl LII.
43.
Jim Cramer has held season tickets for 20 years and has met former Eagles coach Doug Pederson many times.
44.
In December 2021, Jim Cramer announced he tested positive for COVID-19 after attending an event that required PCR testing.
45.
Jim Cramer said his symptoms were mild due to having had two injections of the Moderna COVID-19 vaccine and a Moderna booster.