Love him or hate him, Jim Cramer is unquestionably a smart guy. He rose to the top of the financial world before leaving to join the team at CNBC, where he dishes out daily stock picks for his massive audience.
Unfortunately, Cramer's brand of investing tends to skew toward the trading mentality, an approach that conflicts with the philosophies of Warren Buffett, Benjamin Graham, and other giants in the investing world.
That's why his recent strategies for preserving your investment capital is such a breath of fresh air. Finally, Cramer got it right. His report was the No. 5 top trending business and investing story on social media this week, and deservedly so. Cramer's strategies are simple, straightforward, and applicable to investors of any expertise or experience level.
In the following video, Fool contributor Jay Jenkins explains Cramer's top three strategies for preserving your investment capital, and he explains why this is such a critical component of financial literacy.
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