Explore popular quotes and sayings by an American businessman Jim Cramer.
Last updated on November 8, 2024.
James Joseph Cramer is an American television personality and author. He is the host of Mad Money on CNBC and an anchor on Squawk on the Street. Cramer was a hedge fund manager, founder, and senior partner of Cramer Berkowitz. Cramer is an author of several books including Confessions of a Street Addict (2002), Jim Cramer's Real Money: Sane Investing in an Insane World (2005), Jim Cramer's Mad Money: Watch TV, Get Rich (2006), and Jim Cramer's Get Rich Carefully (2013). He is the co-founder of TheStreet.com, where he was a contributor from 1996 to 2021. Cramer was a host on Kudlow & Cramer from 2002 to 2005.
The corporate killer downsizing is directly responsive to what the mutual funds have wanted.
I mean that what makes me a professional, but the market itself has been fabulous during this whole period and I've got to give the market credit before I give myself credit.
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.
I don't think that's changed at all. I think there are a thousand stocks out there that could make you rich, totally independent of what you do for a living.
I think that stocks have been this tremendous, tremendous equalizer for people in this country. Guys who can't make a lot of money at their jobs have been able to make a lot of money in the stock market.
The way the credit cards were made in the '80s to be a people's form of capitalism and be able to make it so that you could get a loan that you would have been denied previous, now that's the way stocks are.
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.
Microsoft was not a mysterious, strange entity. You put your PC on and there's an ad for them.
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.
I made a small fortune. I made a lot of money and I made a lot of other people wealthy.
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.
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.
And, strangely, this one of the few things in life that the third, the latter, the buy with our eyes closed has actually done better than everybody else.
I want to buy them, because historically these have been great engines of enrichment for the middle class, 'historically' meaning now for a good ten years.
The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.
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.
There are tons of people who are late to trends by nature and adopt a trend after it's no longer in fashion. They exist in mutual funds. They exist in clothes. They exist in cars. They exist in lifestyles.
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.
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.
We are all wrong so often that it amazes me that we can have any conviction at all over the direction of things to come. But we must.
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.
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.
Well, he's just the same guy who in other aspects of his life would be very late to a trend.
These will be fabulous investments and will make millions of more people rich.
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.
The people who are buying stocks because they're going up and they don't know what they do deserve to lose money.
I invest in funds myself even though I run my own fund for my daughters.
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.
We typically hear numbers that there are 34 million households that are in stocks in some form. Well, I say that what's occurred is if you have a job in this country, you're in stocks.
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.
There's accountability in the mutual fund industry. And they've been tremendous engines of wealth for people and they're going to continue to be so.
The party line is that stocks historically have outperformed all other investment plans.
I am doing my best to find it. I will find it before the public finds it. I will get out of it before it's too late. The reason I will do that is because that's what I'm paid to do.
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.
I am not a hesitant bull, I'm a Pamplona bull.
A lot of times when I was short, I would create a level of activity beforehand that would drive the futures. . . . It's a fun game.
Whatever money you may need for the next five years, please take it out of the stock market right now, this week.
Don't move your money from Bear. That's just being silly. Don't be silly.
Oligopoly, plutocracy, kleptocracy: All things that are good for a shareholder.
Picking the right stocks is one of the hardest parts of investing, and every night on Mad Money, I try to take some of that burden off your shoulders.
After a lifetime of picking stocks, I have to admit that Bogle's arguments in favor of the index fund have me thinking of joining him rather than trying to beat him. Bogle's wisdom and common sense are indispensable... for anyone trying to figure out how to invest in this crazy stock market.
This is a business, the direct selling, that bizarrely works best when times are bad.
Every once in a while, the market does something so stupid it takes your breath away
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.
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.
I wish it grew on trees, but it takes hard work to make money.
They don't take eyeballs at the bank. Those who value stocks by eyeballs should go be ophthalmologists, not stock analysts. There is no cyberworld where reach trumps profits.
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.
A good investor in this new world knows to always expect the unexpected.
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.
But be very, very careful, because when you're playing with momentum, you're playing with fire.
On days like today you realize that you just can't keep these hypergrowth stocks down.
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.
Success through the eyes of one once defeated, is true VICTORY.
The people who are buying stocks because they're going up and they don't know what they do, deserve to lose money.
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.
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.