Hey, I'm Kramer.

Welcome to Mab Money.

Welcome to Kramer.

I'm just trying to make you a little bit of money here.

My job is not just to entertain, but to educate.

So call me at 1-800-743 CBC or tweet me at Jim Kramer.

On a day where the Dow dipped the 179 points, that's to be the climb 0.09%. NASDAQ actually inched up 0.13%.

I want to talk to you about how this stock business works against you.

While I'm now on my incessant book tour to sell how to make money in any market, I've gotten intense pushback for many who are in this racket, including those who don't even know it is a racket.

The whole point of my book is that it's possible for you, you to make big money by picking individual stocks as long as you do it right.

But there's a whole cottage industry of people who constantly argue that stock picking is a mug's game,

and you're better off parking your money in index funds that simply mirror the market.

At the same time, the media loves to scare you a wave from great companies

that produce terrific long-term returns. Because negativity, what's it do? It attracts eyeballs.

Sometimes the company's credible. You just can't take the press too seriously. So here's what we're

going to do tonight. I'm going to walk you through three different incidents where I've seen the company tell you one thing while the street or the media said

the opposite. So you know what's really going on. And we're going to start with Invidia.

For months, Nvidia's been looking to sell its best chips into China. Why? China's a $50 billion

market. But our government and the Chinese government both

said no, us because of national security and the Chinese because they want to develop their own

industry and not rely on Nvidia. And that's why Jensen Wong, the CEO, always describes China as a

bonus opportunity for the company. Listen to this. I would like everybody

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