📈 Jim Cramer: Why You Should Never Buy "Normal" Stocks
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What unconventional investment advice does Jim Cramer offer?
Yetis, whip out your wallets and pop open your portfolio. Because today's interview is financial advice. The lawyers don't want us to say it, but we just did. And careful, because he has a law degree. Today, we're standing up with Jim Cramer, America's biggest stock-owning evangelist. The man who simplifies Wall Street like it's Sesame Street. And breaks down the S&P 500 like it's the Indy 500. from Philadelphia to Goldman Sachs. He has interviewed every CEO from Apple to Zillow. Love him or love to challenge him, Jim Cramer pulled off one market win that no one else had. He was the first to make finance fun and make millions of Americans care about companies they can't even pronounce. His dog, it's named NVIDIA.
Why does Jim Cramer believe traditional 'normal' stocks are traps?
True story. And that was five years before you even knew what AI stood for.
2017, stock at two bucks. 2017.
He is not just the most recognizable face on financial TV, he is a New York Times best-selling author. We read his new book, we called his agent, and we said, we got to get him on the show. So Jim is going to reveal today that what the finance industry tells you is wrong. And why the best wealth advisor may actually be yourself. Plus, we'll share Jim's playbook to pick five stocks and fall in love with them. Because that's how you make money in any market. And that's the title of his book. Besties, please welcome the Sultan of Stocks. The Baron of Bullishness. The High Priest of Price Targets. And the Regent of Rolled-Up Sleeves. Although today he's wearing a suit. Tim Kramer is the man from CNBC's Mad Money and the author of How to Make Money in Any Market.
I am honored. Today's interview with Jim is the best one yet. You're going to want to go long on this one.
Thank you. It was just terrific. And I want a copy. I can transcribe it, but that's... We got you. Everything you said, I have to show my wife because she thinks, do you have a show? This will reveal that I have a show.
This is true.
No, honestly, what I try to do in life is more captured by that poem than almost anyone's been able to capture what I do. So I really appreciate it. Now I'm going to pay you a compliment. One of the reasons why I wanted to come on the show. At 7 o'clock, Every night, which is the end of the show, I get a phone call. Pop. And he would say, Jamesy, that was the best one yet. No way. Every night. Your dad. Every night. Jamesy, that was the best one yet. And now when I do my club meeting. Which I have once a month. My daughter texts me and says, dad, that was the best one yet. Because she knows that it made me so happy. You know, by the way, for a while I got tired of it. And then I realized, well, pop's not always going to be with us.
And now it's just like, it's killing me that at seven, nothing happens. But anyway, the best one yet is a great title. And all the young people listen and all the older people don't know what they're doing.
Thank you so much. Nick and I launched this startup when we were working at banks, and we did it in secret. We weren't sure our compliance would approve it. We even sent each other emails with white font, thinking that that would somehow protect us from oversight. We had our Series 7 licenses, but we thought that would get through. And after each edition, it was a newsletter back then, we would reply to the email in the morning and say that was the best one yet.
What is the '50/50 Rule' for investing according to Jim Cramer?
Yeah. That's how we came up with it. Now, 13, 14 years later, we have the show and we really feel like every episode is the best one yet.
Well, the franchise is unassailable. Thank you. And a lot of it is because the poem, what you do in the poem, which is that you had genuine knowledge of what I've tried to do. and you paid homage, but more importantly, your audience doesn't know me, now they do. I mean, just plain and simple. It's a montage. That poem was a montage, and it is much appreciated.
Thank you, Jim.
How did Jim Cramer discover Nvidia as a key investment?
Well, our audience does know you. Our audience loves you. We got more DMs related to this interview than any other interview we've ever done, with questions ranging from, just tell Jim I say hi, to my dad got me watching Jim
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Chapters
7 chapters
1
What unconventional investment advice does Jim Cramer offer?
0:00–0:44
2
Why does Jim Cramer believe traditional 'normal' stocks are traps?
0:44–3:18
3
What is the '50/50 Rule' for investing according to Jim Cramer?
3:18–3:47
4
How did Jim Cramer discover Nvidia as a key investment?
3:47–19:04
5
What mistakes does Jim Cramer say investors commonly make?
19:04–29:01
6
Why does Jim Cramer emphasize the importance of doing homework in investing?
29:01–33:35
7
What strategies does Jim Cramer recommend for selecting stocks?
33:35–1:09:12
Speakers
3 identifiedMore from The Best One Yet
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