RunningBum
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 18, 2007
- Messages
- 13,236
Cramer Might not have declared bankruptcy. But he was homeless for a while. Jim Cramer Used To Live Out Of His Car - Business Insider
The "Mad Money" host hit rock bottom early in his career—at the time he was working as a journalist and making next to nothing. After a thief broke into his modest California apartment and stole absolutely everything, Cramer had nothing left and nowhere to go.
Cramer was living out of his car.
"I was living hand to mouth, and people would take me in now and then so I could get a shower, change, get a good night's sleep," he explained.
By that logic, going from homeless and dead broke to where he is now, worth somewhere between $50-100mil, perhaps he is worth listening to.
I don't use that logic myself. I never could stand listening to the guy for long, even when I was picking and trading individual stocks.