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Funny, but after trading for more than 15 years, I still am capable of forgetting a cardinal rule: The paper you own, in the end, will be intertwined with the fate of the 30-year bond.
Jim Cramer
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Jim Cramer
Age: 69
Born: 1955
Born: February 10
Actor
Businessperson
Financier
Journalist
Lawyer
Radio Personality
Stockbroker
Television Personality
James Joseph Cramer
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More quotes by Jim Cramer
I invest in funds myself even though I run my own fund for my daughters.
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I made a small fortune. I made a lot of money and I made a lot of other people wealthy.
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I may play a total madman on TV, but I'm really just a very unbalanced guy at home. However, when it comes to stocks, I believe in being rigorous and methodical, not crazy. There's no madness to my method.
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I've lost tremendous amounts of money in various markets and I think that that's something that makes you better at my job, not worse.
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Remember, I am neither a bear nor a bull, I am an agnostic opportunist. I want to make money short- and long-term. I want to find good situations and exploit them.
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I think that the public is in and the public is in big, and the public is not, I don't think going to pull out because the public knows what I said about 1987.
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If you can't find the next McDonald's, I'll find the next McDonald's. But it's vital to be with people who with looking for 'em, because they do exist. They are created.
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The danger that we have right now are people who get the same information as I do and, therefore, think they'll reach the same conclusions that haven't traded as long, don't have bear claws up and down their backs like I do.
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These will be fabulous investments and will make millions of more people rich.
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When I come to work each day, whether as a commentator for TheStreet.com or a host of Mad Money With Jim Cramer, I have only one thought in mind: helping people with their money.
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I am not a hesitant bull, I'm a Pamplona bull.
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A good investor in this new world knows to always expect the unexpected.
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But be very, very careful, because when you're playing with momentum, you're playing with fire.
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I have never for a minute felt in was my stock picking abilities. I feel that my stock picking abilities aided- I was able to pick out which are the good stocks in the good market, but I have been blessed with a great market.
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I think that I could have been take apart if the bear market continued, but I waited three years before I felt the bear market was over and I was right.
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Microsoft was not a mysterious, strange entity. You put your PC on and there's an ad for them.
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On days like today you realize that you just can't keep these hypergrowth stocks down.
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When people ask me how I was able to make so much money in the market during a 20-year period, I would always say I did it off the misunderstandings of others.
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This is a business, the direct selling, that bizarrely works best when times are bad.
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I think that there are changes that have occurred in technology that make is that more people can have the same level of information that I have. My advantage is that I'm very good at interpreting the information.
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