James Ji. "Jim" Cramer (born February 10, 1955 ) is an American television personality, former hedge fund manager, and best-selling author. In 2007, NewsBios.com named him one of the 100 most influential business journalists in the United States.
Cramer is host of CNBC's Mad Money and co-founder of TheStreet.com. According to the January 27, 2007, episode of High Net Worth on CNBC, Cramer claimed to have a net worth of over $100 million. He currently resides in Summit, New Jersey. Matt Lauer and other NBC commentators and anchors frequently refer to Cramer as a 'genius' on macro-economic questions.
This article is about the TV show. For the 2008 film, see Mad Money (film)
Mad Money is an American finance television program hosted by Jim Cramer that began airing on CNBC on 2005-03-14. Its main focus is investment and speculation, particularly in publicly-traded securities. In a notable departure from the CNBC programming style prior to its arrival, Mad Money presents itself in an entertainment-style format rather than a news broadcasting one.
Cramer defines "mad money" as the money one "can use to invest in stocks ... not retirement money, which you want in 401K or an IRA, a savings account, bonds, or the most conservative of dividend-paying stocks."
Mad Money replaced Dylan Ratigan's Bullseye for the 6 p.m. Eastern Time slot. On 2007-01-08, CNBC began airing reruns of the show at 11pm, Eastern Time, on Monday through Friday, and at 4am, Eastern Time, on Saturdays.
