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Oligopoly, plutocracy, kleptocracy: All things that are good for a shareholder.
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
Oligopoly
Shareholder
Plutocracy
Shareholders
Good
Things
More quotes by Jim Cramer
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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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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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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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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Don't move your money from Bear. That's just being silly. Don't be silly.
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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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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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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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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 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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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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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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But be very, very careful, because when you're playing with momentum, you're playing with fire.
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On days like today you realize that you just can't keep these hypergrowth stocks down.
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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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