Meet Jim Cramer
The Man Wall Street Loves to Inverse• 1955: Born in Wyndmoor, Pennsylvania, a suburb of Philadelphia• 1977: Graduates Harvard magna cum laude. Editor-in-chief of The Harvard Crimson• 1979: Apartment robbed while he's away reporting. Loses everything. Lives in his Ford Fairmont for 9 months• 1984: Gets his law degree from Harvard Law. Never practices. Joins Goldman Sachs instead• 1987: Quits Goldman, starts his own hedge fund with $450M raised in $5M chunks. Claims he sold everything the Friday before Black Monday• 1996: Co-founds TheStreet(dot) com with Martin Peretz. One of the first financial news websites• 2000: Retires from his hedge fund claiming 24% annual returns over 14 years• 2005: Mad Money premieres on CNBC. The soundboard era begins• 2008: Tells viewers Bear Stearns is fine. Stock goes from $62 to $2 in five days• 2009: Jon Stewart eviscerates him on The Daily Show. Becomes the most-watched interview of the year• 2019: Sells TheStreet(dot) com for $16.5M• 2022: The Inverse Cramer ETF (SJIM) gets filed with the SEC. Betting against him becomes an actual investment product• 2023: Recommends Silicon Valley Bank. It collapses a month later. Praises First Republic. Stock drops 80%• 2025: Publishes "How to Make Money in Any Market." Still hosting Mad Money. Still hitting the soundboard. 20 years and counting• 2026: Still on CNBC every weeknight at 6PM. Net worth ~$150MHe went from sleeping in a car to becoming the most famous stock picker on television @jimcramer
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