James J. Cramer (born February 10, 1955) is an American television personality, former hedge fund manager, and best-selling author. Cramer is the host of CNBC's Mad Money and a co-founder of TheStreet, Inc.
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.
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.
I am not a hesitant bull, I'm a Pamplona bull.
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.
I wish it grew on trees, but it takes hard work to make money.
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.
The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.
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 invest in funds myself even though I run my own fund for my daughters.
Microsoft was not a mysterious, strange entity. You put your PC on and there's an ad for them.
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.
Whatever money you may need for the next five years, please take it out of the stock market right now, this week.
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 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.
This is a business, the direct selling, that bizarrely works best when times are bad.
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 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'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.
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.
But be very, very careful, because when you're playing with momentum, you're playing with fire.