Mad Money w/ Jim Cramer 8/12/24
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 12 August 2024
⏱️ 44 minutes
🧾️ Download transcript
Summary
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| 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 promise to help you find it. |
| 0:12.0 | Man money starts now. |
| 0:14.0 | Hey, I'm Kramer. |
| 0:19.0 | Welcome to Mad Money. |
| 0:20.0 | Welcome to Kramarica. |
| 0:21.0 | Other people, my friends, I'm just trying to make a little money. |
| 0:24.1 | My job is not just to entertain, but to educate, teach, home at 1-800, 7-43 C.M.C. or tweet me at Jim Kramer. |
| 0:30.9 | If companies would just own up to their changing circumstances, things will be so much easier |
| 0:36.7 | for everybody. But who wants to admit that they made mistakes? If they just own up, I think |
| 0:41.8 | they'd earn a lot of credibility for themselves, leading to |
| 0:44.5 | higher stock prices down the line. |
| 0:46.5 | Instead, their stocks languish as investors try to assess what's really going on and |
| 0:51.0 | they presume the worst, not the best. And that's what I've been thinking about on a day |
| 0:54.4 | day, and they presume the worst, not the best. And that's what I've been thinking about on a day like today where the Dow |
| 0:55.1 | lost 141 points. Esmie was basically unchanged. Now that's like advanced. |
| 0:58.8 | 21 percent because there's so much information and misinformation flying around at this point in |
| 1:03.1 | the earning season that it's very easy to be led astray. So let me give you the |
| 1:07.2 | most egregious examples of admission that I've seen this earning season that will |
| 1:12.1 | cause you to make faulty decisions. |
... |
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