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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.
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
Bears
Felt
Three
Take
Waited
Right
Continued
Years
Apart
Think
Bear
Thinking
Market
More quotes by Jim Cramer
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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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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I made a small fortune. I made a lot of money and I made a lot of other people wealthy.
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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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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 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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Microsoft was not a mysterious, strange entity. You put your PC on and there's an ad for them.
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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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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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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 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 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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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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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 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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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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