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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
People
Stocks
Buying
Deserve
Lose
Loses
Money
Going

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I invest in funds myself even though I run my own fund for my daughters.
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What I'm saying is that there are bargains right now, there are stocks right now that if you're shrewd enough, you will be able to buy them at the opening today and I you'll make money in a year from now.
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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 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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Well, he's just the same guy who in other aspects of his life would be very late to a trend.
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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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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 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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Don't move your money from Bear. That's just being silly. Don't be silly.
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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 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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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 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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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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On days like today you realize that you just can't keep these hypergrowth stocks down.
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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 you'll do as well as most professionals. Most professionals don't beat the market. Let's not over-rate my industry. But if you have time, you can be in good mutual funds that have good records.
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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 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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