Jim Cramer
👤 SpeakerAppearances Over Time
Podcast Appearances
Well, then you got to say, well, hold it.
Maybe the market's making a judgment that it's not cheap.
The market's saying it's a wasting asset because its multiple is so low.
Once Peter Lynch, I was listening to Peter Lynch.
We were talking about Bethlehem Steel.
That's at my trading desk.
That sells at two times earnings.
That's the kiss of death.
Right, because I really want people to understand why one stock is cheaper than another.
And Bethlehem Steel was selling at two times earnings, which Peter Lynch said meant that the earnings would be nil.
And the company went bankrupt two years later.
It's a really good call.
It's exciting.
See, it's exciting.
We can do this.
I mean, look, you watch ESPN, right?
And they're talking about the lineup.
And they're talking about who's hurt and whether the line changes because Lane Johnson's out.
I like that, too.
But we're doing that.