Jim Cramer quotes: former hedge fund manager, author, and longtime TV personality – Jim Cramer – talks making money, the method to his madness, and more.
“I made a small fortune. I made a lot of money and I made a lot of other people wealthy.”
“Success through the eyes of one once-defeated is true victory.”
“When I come to work each day, whether as a commentator for TheStreet or a host of Mad Money, I have only one thought in mind: helping people with their money.”
“It’s a high-energy, high-risk, one-man-walking-a-tightrope act every night. In the end, that camera is on me every night and I have to deliver.”
“This is a show that is about education, entertainment, and making money. And I think that people should recognize that you need all three components going forward if you’re going to be successful because the stock market is no longer the way it was. It’s not a ‘build it and they will come’ situation. There are many people who think that it is and I think that they will be continually surprised to the downside with that view, as we say on Wall Street.”
“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.”
“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 had unbelievable credibility as a hedge fund manager, but who cares? If I’m obstreperous, funny, I’m bringing people in, not turning them off. My industry has been operating through mystification and confusion. Fie on us. I’m having a darn good time.”
“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.”
“I wish it grew on trees, but it takes hard work to make money.”
“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.”
“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.”
“A good investor in this new world knows to always expect the unexpected.”
“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.”
“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’ve lost tremendous amounts of money in various markets and I think that that’s something that makes me better at my job, not worse.”
“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 know you’ll make money in a year from now.”
“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.”
“These will be fabulous investments and will make millions of more people rich.”
“But be very, very careful, because when you’re playing with momentum, you’re playing with fire.”
“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.”
“I think you’ll do as well as most professionals. Most professionals don’t beat the market. Let’s not overrate my industry. But if you have time, you can be in good mutual funds that have good records.”
“I invest in funds myself even though I run my own fund for my daughters.”
“I mean that’s 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 have never for a minute felt it 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.”
“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.”
“The people who are buying stocks because they’re going up and they don’t know what they do, deserve to lose money.”
“Every once in a while, the market does something so stupid it takes your breath away.”
“I think that there are changes that have occurred in technology that make is so 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.”
“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.”
“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.”
“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 are looking for ’em, because they do exist. They are created.”
“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.”
“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.”
“If I can’t be entertaining, no one will watch. The kind of sector analysis that I do is not only extremely responsible but probably much better than your broker or analyst does, and that would have cost you a fortune.”
“The party line is that stocks historically have outperformed all other investment plans.”
“I mean homes are very easy to build and buy. But I think that the idea of saving for stocks is a hard thing that people in this country have embraced.”
“I may play a total madman on TV, but I’m really just a very balanced 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.”
“I’m not just here to tell you about stocks. I’m here to teach you to think like Cramer!”
