Hey, I'm Kramer.

Welcome to Mab Money. Welcome to Kruey. Hey, I'm Kramer.

Welcome to mad money.

Welcome to Kramer.

I'm going to make friends.

I'm just trying to make you some money.

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

So call me at 100743C or tweet me at Jim Kramer.

Whenever you're listening to anyone's investing advice, you need to consider

the source, and ideally you want to know where that person is coming from. That's why tonight I'm going to tell you exactly who I am and how I got here. No, not the standard introduction. I'm Jim Kramer, host of MADMMMMU, Co-As to Quoist, the Squawk on the Street chief of the Seamanzee Investing Club. What I want to do tonight in an extremely special show by even my wacky standards is trace

the arc that brought me to mad money, not for some autobiographical ego trip, but to give

you some money-making lessons from the phases of my various careers.

And explain, of course, how you can profit from.

Remember, in the end,

this is Kramer, and everything we do here is about trying to help you make money. In short, I'm giving you the Investing Kramer Guidebook, what I call it, the skinny on how I learn to be a good investor and how I continue to learn every day so I can help you become better than I ever, I want you to be better than I ever want to be. By the way, that's our mission in the investing club, too. Let's start real early. My love of stocks didn't begin after law school or college or even high school. No, my love for stocks started back in fourth grade. That's for fourth grade. You see, my dad would bring home the old Philadelphia Bulletin. Boy, that brings, what a long time ago that was. At that point, the Philadelphia Bull was one of the largest newspapers in the country. He'd have it when he came back from work every night and give it to me. I wanted the comics and sports. I was ridiculous Phillies fan back then. I still am. It's a lifelong affliction, I guess, although I pivoted hard toward the Eagles. I was also curious, kid. curiosity's always been both a blessing and a curse for me,

not unlike the proverbial cat that's always probing, looking, occasionally jumping on some hot

stoves. Anyway, there was always this solid chunk of the paper that seemed impenetrable to me,

the business section. It was impenetrable because it had these giant lists and names of an

agate type that seemed to go on forever. There were the other tables, different from the batting averages tables and box scores I'd scrutinize as regularity. When I read them from left to right, they made no sense to be whatsoever. Open, range, close? I mean, what's open? What range? What closed? What were these strange things? Why did they matter?

I asked my dad, who I knew dabble in the stock market, because occasionally I hear him get mad when he heard prices that were mentioned on the radio.

And particularly, he always seemed to get angry when I heard something called National Video and how it went out.

I don't know what video did other than go out and why it went out. I don't know if popped it either, though. But I know it made him furious. I wanted to know why. So he sat me down one day and explained that each of those lines represented the performance of a stock at a company on a different day. The open was where the stock opened in the morning. The range was how low and high it traded during the day, and the clothes was what it was worth at the end of the day. That fascinated me. I mean, how could there be so many companies and why the heck did they trade in ranges? He told me that each day people tried very hard to figure out which stocks would go up in value, and they wanted to buy them so they could make money from those moves. Frankly, this struck me as down right silly.

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