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Trading With the Enemy: Seduction and Betrayal on Jim Cramer's Wall Street

Unknown Author
4.9/5 (31375 ratings)
Description:The Barnes & Noble ReviewIf you've ever fantasized about working on Wall Street, Nicholas W. Maier's riveting, no-holds-barred account of his tenure at Cramer & Company will open your eyes to the profane, arbitrary, and sometimes brutal culture that reigns in our nation's financial capital. Take, for instance, the not atypical workday described in Chapter 7 of the book. Jim Cramer, Maier's boss, was sitting at his desk, scanning the headlines on his multiple computer screens, when one of the office secretaries approached him with a phone message. The message, it turns out, was from Cramer's psychiatrist, who had just phoned in a prescription to a local drugstore. Instead of simply taking the message, Cramer screams obscenities at the secretary and within moments launches into a vicious tirade that would probably seem extreme even to a volatile character like Tony Soprano. Here is how Maier describes the conclusion of Cramer's outburst: "Jim lifts a monitor off the trading desk, raises it high over his head, and lets it fall to the floor. The glass shatters, and the smoke rises from its hollow center. By this time, I know why he keeps a stack of new parts behind his desk. I can replace a screen in seconds flat."Although the revelation of Cramer's destructive behavior gives this book a certain gossipy thrill, Maier's most disquieting revelations concern the ways in which the market and the media are manipulated by traders with overdeveloped egos and undernourished attention spans. Cramer himself became a public figure, appearing on the morning shows and writing for The New York Times, even as his firm seemed to careen wildly from investment to investment with little regard for long-term strategies. If you're an average investor trying to figure out how the market really works, Trading with the Enemy may be more eye-opening than a stack of the latest personal finance books. I have to admit that I also enjoyed Maier's book on a purely personal level. His description of life in New York, his less-than-perfect first apartment, and his desire for success (which kept him at Cramer & Company for five years) make this a story that many people will relate to. And yet, at the end, the image that dominates, that best encapsulates the action of this narrative, is of the smashed glass of Cramer's computer screen, with strands of dissipating smoke rising up from its hollow center. (Sunil Sharma)We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Trading With the Enemy: Seduction and Betrayal on Jim Cramer's Wall Street. To get started finding Trading With the Enemy: Seduction and Betrayal on Jim Cramer's Wall Street, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
Publisher
Release
ISBN
0060086513

Trading With the Enemy: Seduction and Betrayal on Jim Cramer's Wall Street

Unknown Author
4.4/5 (1290744 ratings)
Description: The Barnes & Noble ReviewIf you've ever fantasized about working on Wall Street, Nicholas W. Maier's riveting, no-holds-barred account of his tenure at Cramer & Company will open your eyes to the profane, arbitrary, and sometimes brutal culture that reigns in our nation's financial capital. Take, for instance, the not atypical workday described in Chapter 7 of the book. Jim Cramer, Maier's boss, was sitting at his desk, scanning the headlines on his multiple computer screens, when one of the office secretaries approached him with a phone message. The message, it turns out, was from Cramer's psychiatrist, who had just phoned in a prescription to a local drugstore. Instead of simply taking the message, Cramer screams obscenities at the secretary and within moments launches into a vicious tirade that would probably seem extreme even to a volatile character like Tony Soprano. Here is how Maier describes the conclusion of Cramer's outburst: "Jim lifts a monitor off the trading desk, raises it high over his head, and lets it fall to the floor. The glass shatters, and the smoke rises from its hollow center. By this time, I know why he keeps a stack of new parts behind his desk. I can replace a screen in seconds flat."Although the revelation of Cramer's destructive behavior gives this book a certain gossipy thrill, Maier's most disquieting revelations concern the ways in which the market and the media are manipulated by traders with overdeveloped egos and undernourished attention spans. Cramer himself became a public figure, appearing on the morning shows and writing for The New York Times, even as his firm seemed to careen wildly from investment to investment with little regard for long-term strategies. If you're an average investor trying to figure out how the market really works, Trading with the Enemy may be more eye-opening than a stack of the latest personal finance books. I have to admit that I also enjoyed Maier's book on a purely personal level. His description of life in New York, his less-than-perfect first apartment, and his desire for success (which kept him at Cramer & Company for five years) make this a story that many people will relate to. And yet, at the end, the image that dominates, that best encapsulates the action of this narrative, is of the smashed glass of Cramer's computer screen, with strands of dissipating smoke rising up from its hollow center. (Sunil Sharma)We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Trading With the Enemy: Seduction and Betrayal on Jim Cramer's Wall Street. To get started finding Trading With the Enemy: Seduction and Betrayal on Jim Cramer's Wall Street, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
Publisher
Release
ISBN
0060086513
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