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The people who are buying stocks because they're going up and they don't know what they do, deserve to lose money.

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
Money
Going
People
Stocks
Buying
Deserve
Lose
Loses

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This is a business, the direct selling, that bizarrely works best when times are bad.
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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 mean it's the most objective industry in the world. If your numbers stink, you're out. If your numbers are good, you get more money. It's the most Darwinian, it's beautiful, it's brutal, it works.
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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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On days like today you realize that you just can't keep these hypergrowth stocks down.
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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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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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These will be fabulous investments and will make millions of more people rich.
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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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I am not a hesitant bull, I'm a Pamplona bull.
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I mean I'm not smarter than the market, but I can recognize a good tape and a bad tape. I recognize when it's right and when it's wrong and that's what my strength is.
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It's the company itself, but most of these mutual fund companies, the guy who runs the company is just a fact totem and the guy who runs the money is the power. But we really don't know who they are.
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I just can't stop myself I'm addicted to making you money. I should be spending all day in a country club or never getting out of my pajamas like Hugh Hefner.
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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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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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As long as you enjoy investing, you'll be willing to do the homework and stay in the game. That's why I try to make the show so entertaining, because if you aren't interested, you'll either miss the opportunity to make money in the market or not pay enough attention and end up losing your shirt.
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You have a class of investors and you have a class of speculators. The speculators historically haven't been big enough to cause the investors to doubt the long-term vision of stock.
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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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A good investor in this new world knows to always expect the unexpected.
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