Jim Kramer had creative parents. His mother was an artist and his father was an entrepreneur who owned a company selling wrapping paper, boxes and bags.
Kramer studied at Harvard University, where he received a bachelor’s degree in public administration in 1977, from which he graduated with honors.
He received his Juris Doctor from Harvard Law School in 1984.
As an aspiring reporter in Tallahassee, Florida, Kramer covered the murders of Ted Bundy.
Kramer ran a hedge fund from 1987 to 2000 that allegedly had only one year of negative returns.
The 2,000 investor limit or rule is a key threshold for private businesses that are unwilling to disclose financial information for public consumption.
The 90/10 retirement investment strategy involves investing 90% of investment capital in low-cost S&P 500 index funds, and the remaining 10% in short-term government bonds.
The chi-square statistic (χ2) is a measure of the difference between the observed and expected frequencies of the outcomes of a set of events or variables.
The chief operating officer (COO) is the senior officer tasked with overseeing the day-to-day administrative and operational functions of the business.