Jim Cramer

He understands the points culture.

But remember, if you can't, you've got to default to the index funds.

Well, because you have to have a buy and a sell.

And, you know, somebody will come on TV and say the Fed's going to tighten.

Do I sell that?

So what's a normal stock?

And why do you not want to buy it?

I like secular growth and I'm willing to overpay for secular growth because historically, all the work I did said secular growth produces superior returns.

I'm not hostage.

Not hostage to the economy.

NVIDIA.

And what I'm trying to do is make it so people don't trade because I'm really anti-trading.

I think trading is the scourge of performance because that's that buy high, sell low thing that people do.

And I want you to be certain that you like the thing and maybe use the company, know the stock.

But what I don't want you to do is buy a stock that on this day, Freeport, copper's down, and you're going to bet the copper goes up.

And when copper goes up, you sell it.

Or if you think Starbucks is a coffee company, which it really isn't, and coffee prices go down, you say, oh, I

I've got to buy Starbucks, and they go up and say, I've got to sell Starbucks.

I don't want that, and I don't want trading because you're not good enough to trade, but you're good enough to invest, and the tax consequences are much better.

Okay.