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On days like today you realize that you just can't keep these hypergrowth stocks down.
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
Stocks
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More quotes by Jim Cramer
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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Microsoft was not a mysterious, strange entity. You put your PC on and there's an ad for them.
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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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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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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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Don't move your money from Bear. That's just being silly. Don't be silly.
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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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These will be fabulous investments and will make millions of more people rich.
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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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A good investor in this new world knows to always expect the unexpected.
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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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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 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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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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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 invest in funds myself even though I run my own fund for my daughters.
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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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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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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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I made a small fortune. I made a lot of money and I made a lot of other people wealthy.
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