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A good investor in this new world knows to always expect the unexpected.
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
Expect
Good
Always
World
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Investors
Unexpected
More quotes by Jim Cramer
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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Microsoft was not a mysterious, strange entity. You put your PC on and there's an ad for them.
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I am not a hesitant bull, I'm a Pamplona bull.
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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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Don't move your money from Bear. That's just being silly. Don't be silly.
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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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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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This is a business, the direct selling, that bizarrely works best when times are bad.
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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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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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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 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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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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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 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 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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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 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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