Hey, I'm Cramer.

Hey, I'm Kramer.

Welcome to me at my Hey, I'm Kramer.

Welcome to that money.

Welcome to Kramer.

I'll be one of my friends.

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

My job is not just entertained but to educate and teach you.

So call me at 1-800-743-CBC.

Tweet me at Jim Kramer.

You want to know the single most useless thing you can do in this business?

Oh, that's easy.

The most useless thing you can do as an investor is to worry about what everyone else is worrying about.

The flip side of this is also true.

There's no point in getting excited about something that everybody else is eagerly anticipating.

Why?

See, because when the vast majority investors agree that something's going to happen, that thing is already priced into the stock market, priced in.

While the real economy moves at its own state pace, for example, you've got to borrow money to buy out equipment, then you use that equipment to manufacture goods and transport them to retail outlets and wait for the customer to come along and buy them.

The stock market has no such limitations.

Stocks don't quite travel at the speed of thought, but they come pretty close.

So the moment of preponderance of hedge fund and mutual fund managers decide that the economy is slowing or speeding up or flatlining,

stocks start trading like that's already the case.

...