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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.
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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People
Others
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More quotes by Jim Cramer
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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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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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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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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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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A good investor in this new world knows to always expect the unexpected.
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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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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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Oligopoly, plutocracy, kleptocracy: All things that are good for a shareholder.
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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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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 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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Microsoft was not a mysterious, strange entity. You put your PC on and there's an ad for them.
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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 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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