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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
Plutocracy
Shareholders
Good
Things
Oligopoly
Shareholder
More quotes by Jim Cramer
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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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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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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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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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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These will be fabulous investments and will make millions of more people rich.
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I invest in funds myself even though I run my own fund for my daughters.
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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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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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On days like today you realize that you just can't keep these hypergrowth stocks down.
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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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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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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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A good investor in this new world knows to always expect the unexpected.
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I am not a hesitant bull, I'm a Pamplona bull.
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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 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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But be very, very careful, because when you're playing with momentum, you're playing with fire.
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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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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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