Mad Money w/Jim Cramer 02/03/21
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 4 February 2021
⏱️ 44 minutes
🧾️ Download transcript
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| 0:00.0 | My mission is simple. To make you money. I'm here to level the playing field for all investors. |
| 0:07.0 | There's always a more work at Summer and I promised to help you find it. |
| 0:12.0 | Man money starts now. |
| 0:14.0 | Hey, I'm Cramer. Welcome to Man money. Welcome to Cramer America. I'm doing my friends. |
| 0:20.0 | Hey, I'm just trying to make you little money. My job is not just to entertain but to educate and teach you. |
| 0:24.0 | So call me at 1-800-743-CMBC or tweet me, act, Jim Cramer. When things get biblical, well you got to get careful. |
| 0:33.0 | That includes today's seemingly sedate session with the Dow ultimately gained 30 points. |
| 0:38.0 | S&B Advance Point went up percent, but last I picked.02 percent. What do I mean by biblical? |
| 0:44.0 | Right now we're hearing a lot about David versus Goliath. How new investors have taken on the hedge fund behemus. |
| 0:51.0 | Armed with commission-free trading and more knowledge than ever, that people united will never be defeated. |
| 0:58.0 | I recognize the appeal of that story, but this is not a morality play. |
| 1:02.0 | People, and you're not sticking it to the man when you buy game stop or ABC entertainment. |
| 1:07.0 | There's only one good reason to own stocks. And that of course is to make money. |
| 1:12.0 | That's the whole ball game. It's what I try to help you do every night here. |
| 1:18.0 | We are at a critical point in this market. A point where the cheapest stocks are often the best. |
| 1:23.0 | And the most expensive stocks are often the worst. The United Parts will add the alphabet all sell ridiculously low priced earnings multiples. |
| 1:31.0 | Mimo GameStop in the 90s, even though the stock peaked in the 57 years ago, went ahead and had a much better business. |
| 1:38.0 | Sorry. |
| 1:42.0 | But I want to address the retail revolution. That's what's important to me. I want to put it in context. |
| 1:48.0 | Because sometimes revolutions fall apart. Sometimes you get a two day honta, then things go back to normal. |
| 1:53.0 | Other times, maybe they take the radio station before the tanks roll in. |
| 1:59.0 | We've already had one revolution. The Robinhood revolution. |
... |
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