When Jim Cramer first started investing, he was determined to do it the right way — by researching stocks and getting an edge on that research.
"Where was I going to get that edge? I figured, why not read all of the periodicals that covered stocks?" the "Mad Money" host said.
When Cramer graduated from college, he worked as a reporter covering sports and government in Tallahassee, Florida, where he made $153 a week.
While he did not have a lot of money to spare, he did find a way to save in his Individual Retirement Account and began to buy individual stocks for a personal portfolio.
After losing money on a few investments, Cramer decided to go to the library and research companies. Eventually, he found an oil company called Natomas, which had just discovered a large find in Indonesia.
Watch the full segment here: