This is probably going to come as a shock but making questionable calls, flipping the fuck out and just acting like a crazy person in general is not something Cramer simply picked when he started doing TV. Sure, he’s perfected things over the last few years (Bear, Dykstra, what what) but the JC you see today is a craft Uncle Jim has been honing since his days at Cramer Berkowitz, the hedge fund he founded after leaving Goldman Sachs. Memoirs of a Minyan, new book by Todd Harrison, who served as head trader and president at the firm, devotes five chapters (out of eighteen) to reflecting on the harrowing experience that was working alongside Jimbo, now that he’s several years removed and is ready to start the healing process.
“He would haphazardly make trades…We’d go from hugging each other to screaming at each other,” Harrison recalls. “It was so intense every day.”
Harrison writes about a memorable Cramer meltdown after one tech-sector buy, on Brocade Communications, resulted in the hedge fund losing a modest amount of money.
Keyboards were being smashed, “keys were flying, spit was flying,” and Cramer was yelling like a madman, said Harrison. Efforts to calm him down only resulted in more aggression, including Cramer accusing Harrison of not caring whether the firm made money, he said.
Fed up, Harrison got up to leave, which prompted Cramer to throw a water bottle at him.
ya dont say?
The guy is a hack, its nice to know that people are starting to realize it. Watching CNBC is a complete waste of time, rampant with morons
Have you seen those guns when JC rolls those sleeves up past his armpits? He’s physically fucking intimidating!
-Pencil Neck
@3 actually, more than you know. when he was at the hf he was like 80-100 pounds bigger.
“keys were flying, spit was flying,”
sounds like my saturday nigiht.
-ken lewis
Anyone intimidated by Cramer is either a Mary or genuine kick-sand-in-his-face kinda guy.
he threw a bottle of water at me the other day as I got up to put my clothes on and leave.
-erin burnett
I beat the shit out of Cramer at a Mets Phillies game last year.
T Geit
Is there any particular reason Jim Cramer hasn’t been knocked the fuck out by now? Does he just exclusively surround himself with sychophantic pussies?
Roginsky, please lay off the makeup. Makes me think the red shift is off on my tv.
Also, please die. Thx.
Porter Stansberry is 10x as intimidating as Cramerica.
Are the rumors true about female traders in Boston?
@12 wtf are you talking about?
@9 why dont you take a shot, puss?
what was wrong w my bear call?
-jc
what was wrong with my dykstra call?
“Bill Poole, has no idea, I have no idea, where am I??”
Cramer during a bipolar fit at CNBC studios.
@14 I was on my way to work and saw him as he was exiting the gym… thought the very same thing. however, in the end it’s not a good idea. kind of turns him into a victim, making him an object of pity.
thats not really news. cramer is a no talent hack and much of what they did–including todd– to make money is shady
what is interesting is that todd is enough of a douche to wear acid washed looking pants to work.
@19 really? people already knew jc sucked at stock picking and was insane? nothing gets past you!
19 = JC
@14
Believe me, if Jim Cramer ever throws a water bottle at me I’ll shove it up his ass until his anus is the size of Greg Michaels’.
-9
In Trading With the Enemy there was some story about a company that made underwater headphones and that Cramer was real high on and bought the stock because he likes being able to swim and listen to music.
This isn’t news. If you read his auto-biography, he credits his, now ex, wife and Berkowitz with saving the fund from 1998-2000.
At one point, he says that as soon as Cramer would start high-fiving and chest bumping anyone that was on a roadshow, Berkowitz would get up and liquidate their entire position.
Basically, do the opposite of what Cramer tells you to do.
CNBC thinks its good to have a bi polar stock picker giving buy/sell recommendations nationally, no wonder why the network sucks. Next they are going to have some goomba”reporter” doing tabloid journalism on a daily basis. Oh wait…..
25,
I resent that.
-Jimmy Cayne’s Caddy
Oh my! This guy has an abusive personality.We know of him throwing stuff but directed at an individual?
@ 7
Don’t make up stories,douche! No one can touch my girlfriend. You either live paralized or die in vain.Bi-polar Cramer knows that!He is not allowed to stand less than 2 feet apart from Erin
during his segment.
+Erin’s boyfriend+