To say Jim Cramer is a polarizing figure is a gross understatement. People either love him or hate him. Today that split seems to take place along Main Street-Wall Street lines. However people forget that Cramer was a key figure in the democratization of financial news and research. The launch of TheStreet.com was a revelation for many interested in finance and investing. The launch of the company’s IPO was also a big event in the Internet bubble. In addition many of the prominent writers on investing today had their start at TheStreet.com. So while many may not enjoy the current iteration of Jim Cramer you would be wrong in thinking that he didn’t have a large role in the state of today’s financial media. In today’s screencast a look at Jim Cramer and his most important legacy.
Items mentioned in the above screencast:
A profile of new and improved Jim Cramer. (NYTimes)
What you need to remember about Jim Cramer: “He is the guy who first conceived of Democratizing financial research and reportage.” (Big Picture)
Older post about the many prominent alumni TheStreet.com has spawned. (The Reformed Broker)
The lost decade for the stock of TheStreet.com. (YCharts)