I first met now-famous Wall Streeter Jim Cramer in the mid-90s. A friend and collegue of mine at The Chronicle, Herb Greenberg, had gone to work at Cramer’s startup thestreet.com.
My fondest memory of Jim is sitting on a stool all by himself in the offices of CNET at 8 a.m. sharp, waiting for an Internet radio interview when both were just media “startups.” Jim (a veteran hedge-fund trader) now has his “Mad Money” show on CNBC, and CNET was just sold to CBS.
I don’t depend on Jim to pick stocks, but I think he’s good at spotting trends — and entertaining to boot. Being more of a “bull” than a “bear,” he’s swimming upstream nowadays.
I like reading Cramer’s blogs. Again his humor shows.
“I had almost forgotten money can be made, not just lost, in the stock market,” he wrote Thursday, after a rare triple-digit Dow gain.
Humor helps heal the wounds of a deep recession, where people’s net worth fell an average of 18 percent, erasing four years of gains, as The Wall Street Journal reported.
After all, Jim is part comedian.