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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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Misunderstanding
More quotes by Jim Cramer
Microsoft was not a mysterious, strange entity. You put your PC on and there's an ad for them.
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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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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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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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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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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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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 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 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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I think that the public is in and the public is in big, and the public is not, I don't think going to pull out because the public knows what I said about 1987.
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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 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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A good investor in this new world knows to always expect the unexpected.
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Oligopoly, plutocracy, kleptocracy: All things that are good for a shareholder.
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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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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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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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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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