Cramer (born February 10, 1955) is an American television personality, former hedge fund manager, and best-selling author. After graduating from Harvard, Cramer worked in several entry-level reporting jobs.
Cramer is the host of CNBC's Mad Money and a co-founder of The Street, Inc. Dating back to March 1, 1978, Cramer worked for the Tallahassee Democrat in Tallahassee, Florida, where he covered the Ted Bundy murders.
Whenever Cramer is acting within his portfolio or important news about his stocks occur, he sends out e-mails to his paying subscribers on The Street, Inc.
Whenever mentioning a stock that he holds in his portfolio, he is required to disclose that he owns shares of such company on his CNBC show.
During that time, he was also an "editor at large" for Smart Money magazine and was accused of unethically combining his investing and reporting activities when he bought stocks that he recommended just before his recommendation article came out, contributing to a million personal gain.
Today, Cramer is barred by CNBC from trading stocks with his personal funds although he makes picks and sells his recommendations. [formerly The Street.com, Inc.] with The New Republic editor Martin Peretz, one of his hedge fund's original clients.
Our mission is educational, to teach you how to analyze stocks and the market through the prism of events.
To provide DIY investors and other viewers with "the knowledge and the tools that will empower you to be a better investor," Mad Money features many segments, including: The Lightning Round, Game Plan, Execution Decision, Off the Charts, Sell Block, Market Marshmallows, Outrage of the Day, Mad Bull Disease, Am I Diversified, and Mad Mail.
During this time, his apartment was robbed on multiple occasions, eventually losing all of his possessions and forcing him to live out of his car for several months.
Ken Cramer, owned International Packaging Products in Philadelphia, which sold wrapping paper, boxes and bags to retailers and restaurants.