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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
Buying
Deserve
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Loses
Money
Going
People
Stocks
More quotes by Jim Cramer
Oligopoly, plutocracy, kleptocracy: All things that are good for a shareholder.
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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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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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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'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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I am not a hesitant bull, I'm a Pamplona bull.
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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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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 will stand up for what I believe and for what I have always believed: Every person has a right to be rich in this country and I want to help them get there.
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This is a business, the direct selling, that bizarrely works best when times are bad.
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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.
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These will be fabulous investments and will make millions of more people rich.
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I invest in funds myself even though I run my own fund for my daughters.
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A good investor in this new world knows to always expect the unexpected.
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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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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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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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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 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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Microsoft was not a mysterious, strange entity. You put your PC on and there's an ad for them.
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