A Quote by Jim Cramer
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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At the end of the day, we all watch sports and we pay attention to different things here and there because we find things entertaining. But, I think if the product is entertaining, people will enjoy it and watch it. If the product isn't entertaining, they won't.
The health insurance industry does not like to pay out claims, because they don't make money. The only way they can make a profit is if they don't pay for your operation. If they pay for your operation and your doctor's appointment and your pharmaceuticals, they don't make any money.
Losing sucks. I don't care how much money you make or what stats you put up. If you're competitive enough to make it to the NBA, losing is absolutely brutal.
I always like to tell people who are interested in the business, and the acquired wisdom I give my children, is to stay out of show business. There are better ways to lead your life. You might end up being happier and spend more time with your family and make more money if you don't work in the film business.
Do not rush into a business just because you have the capital. You'd lose your shirt if you jump into it recklessly. Do your homework first. Study the market and look for that golden opportunity. Whatever business you choose to go into, it must be something that you can pursue with passion.
You lose weeks of sleep over a bad game, and a bad game could be one missed kick. So the ones you make, you just try to build on the confidence with it, and the ones you miss, you try to get it out of your head as quickly as possible and try to make the next one.
My mother taught me this trick: if you repeat something over and over again it loses its meaning, for example homework homework homework homework homework homework homework homework homework, see? Nothing. Our existence she said is the same way. You watch the sunset too often it just becomes 6 pm you make the same mistake over and over you stop calling it a mistake. If you just wake up wake up wake up wake up wake up wake up one day you'll forget why.
We're charlatans in a way, we're magic people. Part of the behind the scenes stuff is to loosen you up, to make you feel that you are experiencing this. This is my style, I did it in Looking for Richard, too. And I figure, if I can weave it into the actual play and get the audience interested, like the robes going up and down, they'll pay attention long enough to consume it.
If you make a mistake, your opponent can punish, and you end up losing the game.
The market doesn't make communities. Markets make networks of self-interested individuals, and they work as long as there's more than enough to go around.
It's difficult to make your clients understand that there are certain days that the market will go up or down 2%, and it's basically driven by algorithms talking to algorithms. There's no real rhyme or reason for that. So it's difficult. We just try to preach long-term investing and staying the course.
Long hair, short skirts, the girls like this image and try to make money with it. What they wear, how they behave, it's all part of the business. Television and advertising have changed a great many things. In the old days, we used to make our money on the course. Now your market value is decided elsewhere.
It would be nice to make a movie that other people want to make, because every one of these movies, I basically have to find the only company in the world that's willing to make it, and it's always a big challenge. I end up spending a tremendous amount of energy and time trying to get money to make these movies and it's exhausting.
Certain things leave you in your life and certain things stay with you. And that's why we're all interested in movies- those ones that make you feel, you still think about. Because it gave you such an emotional response, it's actually part of your emotional make-up, in a way.
The market won't let us treat all data equally because there's a potential to make huge gobs of money not doing that. In the United States of America, people will pay to be first unless we do something to stop them. We don't have defenses built in because we haven't been investing in criticism that would help us mount a defense. I
Normally I would not recommend a book that tells you how to make money in the stock market. Most of these books are aimed at gullible folk, and they usually make much more money for their authors than they do for the investing public.
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