Eli Lilly CEO, Off The Charts, & Lessons Learned In Biotech

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 18 December 2019

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow closed up 31 points hitting another all-time high and Cramer’s digging into today’s biggest movers. Then, the drug companies have been caught in political crosshairs, and Cramer’s getting to the core of it with Eli Lilly’s CEO. And, with the market at all-time highs, are there any bargains out there? Cramer’s going off the charts to look at bargain buys during market highs. And you’ve called in and stumped Professor Cramer, and tonight he’s turning in his homework on Wave Life Sciences and sharing what lessons he has learned through his research into speculative biotech names.

Transcript

Click on a timestamp to play from that location

0:00.0	My mission is simple to make you money.
0:05.0	I'm here to level the playing field for all investors.
0:08.0	There's always a bull market somewhere,
0:10.0	and I promised to help you find it.
0:12.0	Man money starts now.
0:16.0	Hey, I'm Kriner.
0:18.0	Welcome to Man Money. Welcome to Kemerka.
0:20.0	I've been one of my friends. I was trying to make you some money.
0:22.0	My job is not just to entertain but to educate and teach you so call me.
0:25.0	At 1-800-7-3-CMEC, or tweet me at Jim Kriner.
0:29.0	The Bears refused to acknowledge that we have learned our lessons from the great recession.
0:39.0	Yet a whole generation of people did realize they did that you shouldn't take one too much debt.
0:45.0	That you should live within your means.
0:48.0	You shouldn't recklessly flip houses.
0:51.0	Or create an abstruse financial instruments no one can understand.
0:55.0	We got it through our darn thick heads.
0:57.0	It's a bad idea to take out loans that you'll never be able to repay if the underlying asset goes down big and price.
1:03.0	And it's even worse idea for the banks to write those kinds of loans.
1:09.0	People, it is just a fact.
1:12.0	We got more frugal in this country.
1:15.0	We got less reckless in this country.
1:18.0	We got more prudent.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.