YouSaid · the spoken record

Jim Cramer

lines on the record: 80
first: 2025-09-22
most recent: 2025-09-22
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“I read everything I think is relevant, and I'm looking for something to say. I have a memo that comes out, 10 things I'm looking at. I have to have that in at 7.30. So that's my overlord. And then after that, I have to do squawk on the street. And then I start again and I start writing the show. And I've been writing the show with my sister's kid since he was in high school. He's now with me for 20 years, Cliff Mason. He's a genius and he's, I mean, the guy can just, I think he has two PCs going all at once and he's remarkable. And we have a really good time doing mad money.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“I do have to, I mean, I have a four o'clock workout, and that's an hour and a half. So I have a tight schedule for the first 45. I look at the future CMBC.com, Bloomberg, New York Times, Wall Street Journal. I spend a little more time on the Wall Street Journal of the State because I feel like that they're a little more in tune with what the market's doing. And then I go and I start looking at my email. And the email is just a series of PDFs.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, The prep that goes into your show, here's a wild one. I start with the FT. Because the FTS one breaking news story every day. Just one. But it's great. And today was the time.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Dog's an idiot. Yeah, I always had to have steak in your hand with that idiot. But you were a half pit bull, half who knows what. But I do think that when you look at the number of NVIDIA millionaires That also is empirical, not anecdotal. Now, there are people who want to say Jim, I really do want to measure what you said about Bloom Energy last night and diverse what you say about Apple. And you know what I say? Knock yourself out. I mean, if it was really wrong, I would have been canceled. I mean, I'm like 20 years means either that I've fooled the whole damn world every night, or maybe people like it and they learn. Maybe they learn.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Of them. Like Well, okay. I mean, I have a charitable chest, so you can look at it. You can't really compound if you sell, you have to give the profits away and the dividends have to be given away. But it's all pretty public. But I would gauge me by what I talk about endlessly. And now this is not, people think that's anecdotal. For 20 years it's empirical. If you talk about Apple thirty-two times a week and you talk about New Core one time a week and you're graded equally Apple and Newcore, that's farcical. Hmm. I was with Tim Cook last Friday in Harrisburg, Kentucky, and he introduced me to someone as Jim Owned Don't Trade Apple Kramer. And that's how I feel. And the best one I've ever had was Jensen. Jensen Wong, when the stock was too, I said, we're done trading it. Please stop trading it. And then I renamed my dog”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“I thought you just had to bench because I, you know, I was doing 250 initially. I'm sorry. How do I bench bark my own performance?”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“To Well, 315. 315. The extra 15 minutes is a competitive guy. I always said, I get up earliest so that I beat everybody else. But that's losing its charm, frankly.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I mean, what would happen is that you had to monitor tasks. I'm not going to mention they would have a task. I'm not going to mention individual names because I had a non-disclosure, but I will tell you there's some people who do the task and some people who want you to do the task, like me. I was like, no, I'm just a judge, but we would go through it and I would have to out the person who did nothing or out the person who said they were doing something and maybe the two people were doing it and one was doing nothing or didn't show. There were some of those instances. But in the end they... Used my verdict, I'd say maybe half the time, and I wish they'd used it more because I spent a huge amount of time looking at it. But the president had a, he had views, he had strong views. And their views did conflict with mine quite often.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Didn't pride himself in not knowing stocks. He wished he had more time to learn stocks. I think that this time around, when I spoke to him, he's not really into the stock market as a barometer of his success anymore. In the old days, when I spoke to him as president, first go around, he thought that the Dow, he liked the Dow more initially. The Dow determined it was the great If he didn't dow didn't go up, then he wasn't a good president. So it was the great determinant. And I always tell him, please don't do that. It's too hard. You're not really one for one with it.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“I sold Decresso on the floor yesterday, and you know, I used to go around the country with him talking about the shareholder class and ownership. You just talked about ownership. That was kind of pre the idea that everything had to be traded. When I was at Goldman, we talked about ownership. And ownership means compounding. And compounding is a very boring word, but it is what makes you the biggest money. And I think we have to encourage ownership. Now, in terms of President Trump, I was a judge on the apprentice for a very long time. And before that, he had been on mail money multiple times. And he always said, look, I don't do stocks. Give me some stocks. I want to own some stocks. And that's a totally fraught situation. You don't want to offer them, you know, Alcoa. So I always just said, listen, utilities. And he said, good, good. This is what I want because utilities, frankly, you're not blowing your head off with Merclectric Power. But he...”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Oh, yeah, because look, one of the things that I hated about being a public company is the conference call. What are we going to say? Do we do well? What are we going to predict? Are the margins going up? And I just, we can't give a forecast. No, if we don't do forecasts, then they won't like us. But if we do the forecast, we'll miss the forecast. And these kind of silly discussions, they're really silly. And I think that they're ashamed because they sure take a lot of time and they're very, very misleading.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, this has been a great soul searching moment because having run a public company, the street, the quarterly filings cost us a fortune. We didn't have that much. It was like our whole profit went to the auditors and they were real paying the butt because we didn't really know how to do it and CFO had to huddle. We lose that person for 20 days. But as an investor, I want all the information possible. So I kind of feel like, look, you can give us two reports, but you've got to give us a report that would make us in the non-SEC, make us understand why we should be paying X for you. Again, the price turning is multiple, because that's what people need to be able to make decisions. This was a harder one than I thought because the president really does speak to a lot of CEOs, and this is what they talk about.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“That's why we had to switch to that because we saw the people buying Mescal, like, man. So we pivoted. Wow, you really, well, of course you're a little prepared. No, we know you're knowledgeable, Chase. I've not worked with you. I've listened to you and you're completely enjoyable and terrific. And this is a show I was telling Joe beforehand. What a cool thing. We haven't taken seven commercials yet. Do you realize that?”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“And one of the guards said, Look, here's what we're going to do first. You're never going to your own restaurant. That's the most visible. I said, look, I own the restaurant. I like to go in Tuesday. It's on Wednesday. He said, okay, you got to vary the day. And you got to go in no time after seven. I said, well, it doesn't open until 7. We have to be a little more cognizant. Especially in this year or this horrible era that we're seeing.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, look, you've always been straight, and we know that you're fearless and fearless means when you're with your guards, they say, listen, you got to stop being fearless. I owned a restaurant.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“It was 24-7 bodyguard because I destroyed the chain letter. GameStop shouldn't have been at 400. We all know that. Isn't it that GameStop is still fighting and they've got they've raised a lot of money by doing that at the money sale?”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I had, yes, yes, I thought the main thing there be something in the midnight guy slipped me something. But I had Catherine me and I couldn't reach the TV. It was driving me crazy. I finally just pulled the Cathere out, which is really not a good experience. You'd really like to be more of a pro. And I called in to Carl and David. Carl Continer and said, this is ridiculous. Everybody has to sell. After that,”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“What GameStop was about 100 when I started When I came to basically and stopped using the whatever kind of heroin that they give you these days, it was Thursday and GameStop had quadruple. I had a Catherine day.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Absolutely. I had a moment where I had had some serious back surgery. So I was out heavily medicated for three days. And when I started, this was during.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Was not to do the three short. But I am incredibly cognizant in the book that people don't know how to read a balance sheet. So I actually take the risk of 20 pages about how to read a balance sheet. I take it. Now, when I did the book, they were like, whoa, hey. And I said, no, no. I got to go there. If I'm telling people to own individual stocks, I have to help them with ChatGPT and how to analyze balance sheet and how to actually go line by line because I don't want to be irresponsible and say what you ought to do is say, you know what, Coca-Cola is pretty good here. You've got to understand why. And that's a big part of the book.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Why don't we talk about the multiple? Because that's the secret sauce. And yet people don't understand. And I invoke my mom in the book. My mom is a person who you were talking about ingrue. My mom is someone who says Pepsi was at 140 right now. Coca-Cola is 67. I have got to buy Coke. It should never be as cheap as Pepsi. Coke should be double. And I would say, mom, no, that has artifice. The price. Jimmy, listen to me. It's ridiculous to Pepsi's at $140, period. End of story. And she didn't know that it was a ratio. And she would call in at 930 when I was at Goldman and three shares of giant food. And that was not why I was a Goldman.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Yes, but I was Everything was to try to figure out the patterns and now the machines do because that was pre machine. And now I'm kind of a spokesman for the individual investor who is completely not the professional. And that's because the show Mad Money has been for 20 years. It's a six o'clock show. And what happens, it's all about... What the individual's trying to do, and what I'm trying to explain. I'll give an example tonight, give you a little preview. I'm going to talk about the multiple.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, well, I think that things have changed from when I got in the business. I used to go to the New York Commercial Library and read microfiche that was a couple months old, couldn't get any reports. It wasn't available. Now everything's available. And I do recommend, look, ChatGPT, perplexity. You can find out more than you get. I mean, I was watched within five minutes they have everything. Yeah. And I just think that if someone wants to do it right, they can do it right. They got four slots away from the speculative. I show that one or two, if they hit, can make up for all the losses. I accept the fact that they're going to have losses because nobody's that good. But in every kind of schematic I did, the index fund didn't do as well. And yet we revere the index fund. Good. One really good one. You have seven good ones in $493 bad. Well, that's what that's not my style.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, that's it. You see, people, they want some, they're Jonesing. I have to keep them from Jonesing on the wrong thing because I don't even want Jones. I actually want investing. I was on a show the other day and the guy said, why do you encourage day traders? I was a hedge fund manager. Many, many years. And when I quit, I said, you know what? I have got to change this because people keep thinking they can come in standing star and buy Micron. And you don't know anything about Micron to a standing start. Why not pick a great stock that's down and it's got a good yield and you can own it for a long time. You see the big secular trend. And if I can do that and get people to stop day trading, that's the win. Do you guys think that they can win day trading at home? No, it's correct. They can't.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“We have a whole episode on that. Denny DeVitrie broke that company up as one of the greatest breakups ever, but I don't like to talk about I lost my father-in-law to cancer from smoking, wanted a cigarette on his death. But, you know, that kind of nonsense. So I feel like that long-term is good, provide you do it right. And I let people pick stocks because they want to. And by the way, there have been 600,000 millionaires created by individual stocks in the last year. And I want the people who read it to be the next ones.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“You can't. You can't. So, I mean, I look at this show, and this show is about trends and about long-term trends. Like, I find that. Most things that I read about are about trading. And you can't beat the machines trading, but you can beat them if you compound long-term in really good stocks. And I mentioned, it's crazy, but I went over 100 years. There was a study about over 100 years. And if you held Vulcan materials, rocks. You made a fortune. I don't really emphasize it, but if you held Philip Morris, you made the most money. And he's stuck. Philip Morse. Oh, yeah.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“I mean, one of the premises of the book is that I know that people want to speculate. So look, I say own an index fund for half your money. Got to be saving constantly. And then take five slots. Try to find four really good stocks and a speculative one. You want a good new nuclear power? You want to go do Bloom Energy for hydrogen fuel cells. I'm not going to stop you. Provided that you try to find the next fang. And I'm fortunate enough to create a Fang because it was just something that seemed funny. But I do that too. But what I'm trying to do is accept the fact people want to do this, do it right. And if they do it right, maybe they do it long-term own stocks. Look, I use the term compounding. How do you compound if you're a day trader?”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“I just want to say that Plastic creamer understands, but it's true that everyone's been taught these days you can't pick stocks and you just have to be in index funds. Thank you, Warren Buffett, for that too, although his stock was the one you should have picked. And what bothers me is people are going to do it. And you talked about zero day and things like that. They're going to do it. If they're going to do it, why not help them?”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“And you got Joe, and Joe is someone who's going to get it going for you and wake up and he's going to probably know the book and he's going to know your stuff. And Tracy, I tell you, when you do these things, they're pretty soulless. So, when you get something like you guys, I mean, I just laugh. And, you know, my dad sold corrugated. That was his job. When I was a hedge fund manager, I just went exclusively with him. I mean, a reference to the last week's show, but I do want to talk totally much really about what you're talking about. I wrote this book.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source
“First of all, that intro of what you're talking about, Justice that the fundament of what I'm talking about, but I want to spend a second talking about the person to my left. Joe, my wife was looking at the book door. She's looking at the book door, and she goes, okay, you got today's show.”
2025-09-22 · Odd Lots · Jim Cramer on the Retail Trading Revolution · IDENTIFIED FROM THE TRANSCRIPT · source