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This is a business, the direct selling, that bizarrely works best when times are bad.
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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Business
More quotes by Jim Cramer
But be very, very careful, because when you're playing with momentum, you're playing with fire.
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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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These will be fabulous investments and will make millions of more people rich.
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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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Microsoft was not a mysterious, strange entity. You put your PC on and there's an ad for them.
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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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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 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 am not a hesitant bull, I'm a Pamplona bull.
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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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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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The people who are buying stocks because they're going up and they don't know what they do, deserve to lose money.
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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 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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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 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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A good investor in this new world knows to always expect the unexpected.
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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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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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