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  • Item of the Day!

    In another effort to keep TSP Talk a free site, I am going to try something new by offering some items for sale.  While you might find anything here on a given day, most of the items will come from my other business, Artists & Heirlooms

    Artists & Heirlooms is a fine art and antiques gallery my wife and I opened in June 2004.  We initially bought the building where it stands with the intentions of renting it out to another business.  But after a deal with a local restaurant fell through, we decided to open a business doing something which we both enjoyed. 

    The more I learned about money and investing, the more I concentrated on trying to buy assets with my money, rather than liabilities.  Items such as stereo equipment, automobiles, toys (children's or adult's), etc., are liabilities.  They will lose value rather rapidly and eventually become worthless.  If you compare that to a quality piece of artwork or a hard to find antique or collectible, at the very least these items should hold their value and of course could increase in value.   

    I may also sell other items such as investment type books or tapes, and even some "liabilities" just to have a little fun. 

    Hopefully I will have time to put up a new item each day but whatever the item up for sale, as soon as it is sold, it is over.  I will always offer the best deal I can and keep shipping costs low. 

    For now, all payments will be made via PayPal.
     

    Today's Item...


    Before I jump into higher priced art and antique items, let's start out with something inexpensive as a test.  Today's item is...

    Confessions of a Street Addict by James J. Cramer on audio cassette.

    An abridged version of the book Confessions of a Street Addict on 4 audio cassettes read by the author.  It is slightly used and in good condition.  Running time:  Approx. 5 hours.  Retails for $26.  

                                                     

    Confessions of a Street Addict by James J. Cramer on audio cassette:
                                                               Price       
    $6.00
                                                               Shipping 
    $4.00
                                                               Total       $10.00

    There is only one available and once it is sold it's over.  I'll post another item another day.

                                                             
          SOLD

     

    About the book:
    In the most candid look at Wall Street since Liar's Poker, James J. Cramer, co-founder of TheStreet.com, radio and television commentator, and for years one of Wall Street's premier money managers, takes readers on a no-holds-barred tour of life on Wall Street -- revealing how the game is played, who breaks the rules, and who gets hurt. Everyone on Wall Street knows Jim Cramer, and Cramer knows Wall Street better than anyone. For fifteen years he ran Cramer Berkowitz, one of the Street's most successful hedge funds, with a compounded annual return of 24 percent after all fees. In Confessions of a Street Addict, he takes us from his fascination with the stock market as a middle-class kid in the Philadelphia suburbs to Harvard, where he began managing money. After an apprenticeship at Goldman Sachs, Cramer went into business with his wife, Karen, the "Trading Goddess," as his partner. Cramer brilliantly describes the life of a money manager -- the frenetic pace, the constant pressure to outperform the market and other fund managers, and the sharklike attacks fund managers make as they circle a fund perceived to be in trouble.

    At the same time that he was managing money, Cramer was one of the best-known commentators on the financial markets. A former president of the Harvard Crimson, Cramer had been a newspaper reporter before he began managing money. While he was a fund manager, he wrote for SmartMoney and other publications, making him one of the first money managers to offer insight and analysis from inside the world of finance. With the rise of the Internet and online publishing, he co-founded TheStreet.com, the online financial Web site.

    In one of the most fascinating chapters in this book, Cramer takes us inside the IPO of TheStreet.com, where he found himself a knowledgeable but helpless onlooker as his own Web site came on the market at an unrealistically high price that it never reached again, a harbinger of the dot-com disasters that would soon haunt the stock market.
     


    Question?
    I won't always be able to answer questions during the day, but if you have a question about this item or transaction, please Click Here and I will respond as soon as I can.  Thanks!

     


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