Mad Money w/ Jim Cramer 8/30/24
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 30 August 2024
⏱️ 44 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | My mission is simple, to make you money. |
| 0:04.0 | I'm here to level the playing field for all investors. |
| 0:08.0 | There's always a homework 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 Cramer. |
| 0:22.0 | I've got other people to my friends. I'm just trying to make you little money. |
| 0:24.6 | My job is not just entertained but to educate and teach you. So call me at 1-807 for 3CeeBichm. |
| 0:29.2 | You want to know the single most useless thing you can do in this business? |
| 0:34.8 | Oh, that's easy. |
| 0:35.9 | The most useless thing you can do as an investor is to worry about what everyone else |
| 0:42.1 | is worrying about. |
| 0:44.0 | The flip side of this is also true. |
| 0:46.0 | There's no point in getting excited about something that everybody else is eagerly anticipating. |
| 0:51.0 | Why? |
| 0:52.0 | See, because when the vast majority investors agree that something's going to happen, |
| 0:57.0 | that thing is already priced into the stock market, priced in. |
| 1:01.0 | While the real economy moves at its own state pace, for |
| 1:04.3 | example you got to borrow money to buy it, build out equipment, then you use that |
| 1:08.3 | equipment to manufacture goods and transport them to retail Alice and |
... |
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