4.4 • 3.9K Ratings
🗓️ 17 December 2024
⏱️ 44 minutes
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0:00.0 | My mission is simple, to make you money. |
0:04.7 | I'm here to level the playing field for all investors. |
0:08.1 | There's always a home market somewhere, and I promise to help you find it. |
0:12.3 | Man Money starts now. |
0:16.8 | Hey, I'm Kramer. |
0:18.1 | Welcome to Mad Money. |
0:18.9 | Welcome to Kramer, Erica. |
0:20.3 | I'm just trying to make a that money. Welcome to Kramer. I'm going to be my friends. I'm just trying to make a little money. |
0:22.6 | My job. Entertained, teach, educate, call me, 1-800-743, CBC, tweet me at Jim Kramer. |
0:31.6 | Sometimes the action and the stock just seems so obvious, yet you only notice it after it happens. So today, |
0:38.2 | we're all anticipating what the Fed will do on Wednesday, with the Dow dipping 111 points, |
0:42.5 | has to be advancing 0.38 percent. NASDA gaining 1.24 percent. To a record high, by the way. I think |
0:48.8 | it's worth reflecting on why we didn't grab hold of certain opportunities. Ones that, in retrospect, |
0:53.4 | seems so obvious, so we don't miss similar ones in the future. |
0:57.6 | The first mistake we made, and I am speaking collectively, was in truly believing that the |
1:02.1 | fundamentals always matter. |
1:04.1 | I know from experience that this is just not always true. |
1:06.9 | For example, there are these cult stocks. |
1:09.6 | These are stocks where what's happening to the company and what's happening in the stock |
1:13.3 | are two very different animals. |
1:15.5 | But unlike meme stocks, cult stocks have such a loyal shareholder base. |
1:19.5 | They can trade independently of the business for years and years. |
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