you buy some tbt >> a fun show. we got our own and we didn't have to pay for them >> come on >> we will get you done despite the move up. i'm melissa lee. my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to teach and coach you so call me at 1-800-743-cnbc or tweet me @jimcramer. every night i come out here and tell you what happened during the day, why it happened, and what you can do with the information.

i do it in order to help you be a better do-it-yourself investor, or a better client i do it with a spectacular team of people, headed by an executive producer who has been with me since inception. and with the help of dozens of fabulous people responsible for everything from all the look and feel of the show to the research we have a team that helps me with memos that back up the research and we have a head writer who is our only writer, has been since inception, when he was a freshman in high school. that's cliff mason, by sister, th nan and her husband todd's son, my nephew. the show has become a labor of love we've been doing it for so darn long, we take it for grant it what we do but tonight i want to talk to you about the show, its evolution, and how you can best use it, or worse, misuse it, and i'm doing so because there's so much we throw at you that you might not be able to use it as effectively as we would like

i know this because i talk to enough people about the show and interact with enough people through e-mail and callers and twitter. a pretty good idea why you come here and what you want the show has evolved mightily from when we started the show was the outgrowth of a radio show where we first heard boo-yah by the way, which i did in a company in conjunction i called the street. and i managed my charitable trust there. when we started the show, people were thirsting for specific investment ideas i was happy to comply. but the stock market changed over time. we got hit with the great recession, which challenged what we call the entire asset class of stocks, meaning stocks as a way to save and make money we had many companies, big companies particularly in the financial world, destroyed by the downturn mostly because they didn't have enough money in the bank to handle the losses that came from a dramatic decline in economic

activity i am proud of the fact that if you watch me, you might have avoided a lot of the downturn because i shouted from the roof tops that the fed was nuts and that the situation was far worse than anyone realized, no matter. i always find it ironic even while the fed acknowledged that i was the only guy saying things were falling apart, i was also vilified for telling people not to sell. damned if you do, damned if you don't. but that era has changed it changed me, it changed the show nothing radical, but i added some language at the tom of the show, that is meant to describe the new reason for being i now say every night in some form or other the show is meant the educate, entertain, and teach. and i say it in different ways each night that's very important and very different from the original show. i think it's just not enoughto give you stock ideas we have minimized them over the last, well, decade

we want for you to be able to understand the process, and to pick them for yourself or more important, we want you to understand the stock market enough for you to make a judgment whether you can do it yourself now, i love individual stocks. i have for years and years and years. i think they can be tremendous vehicles that can lead to great wealth our show's identification with certain stocks, like apple, chip dl olte, honeywell, starbucks, yes, bristol-myers, hasn't gone unnoticed. we have tried to leave behind the new or hot ideas and tried to give you themes that allow you to invest in more fertile sectors versus others, themes i hope i can make come alive with analogy, sports, ovies, whatever, so you can do the homework on them or living longer through eating healthy habits, social, mobile, cloud. i've written many books over time proud of that. i know "confessions of a street

addict" written four years ago remains a favorite but "get rich carefully" is designed to be this new show's companion. a lot of what i talk about in the show, this will do it. i'm aware that the market is hard you've got time burdens and demands. that's why i'm emphasized i'm not just okay with index funds, but i insist that you use them i would not own a single stock until i put away at least $10,000 in an index fund, either think your i.r.a. or 401(k). while i've addressed saving for retirement in many shows, i've never warned you off individual stocks i would actually prefer you to invest in index funds than mutual funds mutual funds have not distinguished themselves enough. there are always individual cases where managers acquit

themselves but managers and records can change, and past performance is no guarantee which brings me to point one of the show i am not a shill or a snake oil salesman for individual stocks i'm a believer in the asset class of stocks as a way to save for retirement i try mightily to convince you that it is worth it to do so because stocks have create sod much wealth over time. if you don't believe me, read warren buffett's amazing golden anniversary port that describes why stocks are tremendous as an asset class to own why do they work because they represent the sum progress of business and the prospects of business going forward. they represent the wealth that companies create in aggregate, and the sharing of that wealth you get to be along for the ride and i want you to be along for that ride in a responsible way, which is most definitely owning an indecision fund i'm partially s&p 500, but i

like a fund that gives you a total return or encompasses all the stocks in the market, an offering that is off found with fund houses. if you aren't all for one, go to the s&p 500. once again, for those that don't get it, here's my bottom line. the show has changed over time from where we pick stocks for you to we educate you about stocks so you can understand why an index fund of stocks might be worth investing in we know you like stocks too, or you wouldn't be watching which is why when we come back, we'll explain why we bothered to delve into individual stocks at ault, after we professed such indying love these days for index funds as the first way to go larry in massachusetts, larry. >> caller: jim, i know i mentioned it before, but i want to tell you how much your nightly focus lessons remind me of roosevelt's fireside chats. >> president roosevelt, great man. larry, thank you sometimes my mom says, just

thank you. >> caller: we need you out here, jim. when does an investment turn into a trade we don't chase a stock or accumulate too many stocks to have to monitor. how quickly and what percentage gained do we unload a position that has gotten out of control, and conversely, how quickly and at what percentage loss do we admit that we got it wrong >> i have answers for these. my rules have evolved. when you're up 100%, you take off, yes, all of your initial investment then you play with the house's money and say thank you very much and you've got a good gain. if something is an investment, it is an investment. if you didn't get enough when a stock came down and moved up, you can kick that out for a trade. the investment becomes a trade greg in new york, greg

>> caller: jim, i feel like we speak every day. how are you doing? >> doing quite well, greg. how about you? >> caller: good. me and my friends are young investors. do you think it's worth taking more risk when you're younger when you don't have enough money, put more money on the line and try to seek the higher profit >> listen to me, greg. yeah, i didn't start with much money, but i took big risks because i had my whole life ahead of you you've got your whole life ahead of you buy some stocks and when they go down big, you've got that big paycheck coming. you take that big risk that's what i want chris in oregon. chris? >> caller: yes, jim, thank you for taking my question and thank you very much for all the great advice you've given me every position in my portfolio is captain cramer approved and

doing very nicely. >> you're very kind, chris howky help >> caller: my question is, i have a i.r.a. equity portfolio i don't plan to draw on for about five more years. everything then is obviously reinvested into it my question is about dividends does it matter whether you reinvest those dividends back into the stock that generated them or reinvent them in the fund in general? >> any time you can reinvest dividends, always reinvest power compounding, one of the greatest single things that can happen to your money is to compound the dividends teach a man to fish. the rimission remains the same i'm in your corner plenty of "mad money" ahead, including how to plug into one of the market's biggest sources of wealth over the last few decades. plus, it can be a huge way to win, but also a massive

catastrophe if you're not careful. don't miss this important advice and i'm taking your tweets "mad money" will be back after the break. >> don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer #madtweets. send an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com.

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cramer, you are super. you are awesome. >> i'm a first-time investor >> you're inspiring me to get in the game >> your show is the best i'm so glad you're on tv >> you have transformed me thank you, cramer. ♪ we started the show explaining why we teach what we teach. and why you want to own index funds to capture the profits and opportunities of stocks in aggregate. for those that come away saying we count stocks every night and

think index funds are a waste of time what can i say we're not go to change you over, we're not going to win you that's fine. so why do we bother to do the show other than i like to be compensated for doing something? you know what? it's terrific question actually. surely i could have retired by now. i did well in a previous life at goldman sachs. i will come back to that number so hold on to it but i mention itnow because i' lucky enough to be able to do what i want to do at this stage of my life every now and then again, i'm tempted to go back to being a hedge fund manager but i remember my late father saying i was much happier doing what i do now, and it would be a mistake to go back to that life. plus, he thought the show was

helpful and was my bigger backer of what i was trying to accomplish here. thanks, pop. we know someone must want the information or we wouldn't have lasted in the end, this is a commercial product. second, i do it because of stocks national video, you don't have to write these down. national video, st technologies, giant foods, heinz, and gantos these sftocks are why i think they can play a role in your financial education and get you to the point to make money longer term. if you choose to invest in individual stocks as well as index funds. remember, index funds are preferable for the vast majority of you, but you're going to want to buy individual stocks any way, or you wouldn't be watching "mad money." which brings me to the first of six stocks that are at the

genesis of the show, national video. when i was growing up, my father's brother knew a broker, and that broker's name was jack. i met jack once. i recall he played a lot of tennis he had a good backhand my father worked hard. after the war, he started at gimblees selling men's slacks. when it was clear he wasn't ever going to get promoted he decided to strike out on his own, selling carpet, then toy games, then boxes and bags to retailers. those who have heard my father's eulogy delivered the day after he died november of 2014, know he had a hard business life. he and his brother started the national gift wrapping box company, supplying merchants with everything they needed to box, wrap, and bag whatever they sold to customers. he menever had much competition he was on the road quite a bit trying to find new customers i remember endless days of

discouragement i was growing up, you know, those were the days my mom would tell me, go to your room before pop got home, because he had a hard day, didn't make any sales. he had money in a bank account, but it didn't pay much interest, and i knew he was always deathly afraid he couldn't pay the bills. one day he said he knew what he was going to do. he was going to buy the stock of national video, because pop's brother had heard from jack, the guy with the good backhand that was a broker, that it was the next big thing the stock of the millennium. at first, the stock went up, and pop bought more and more because it was going high. in fact, that was about all pop knew about national video. pop either found out how it was doing by reading the evening bulletin from "five star," or

turn on the radio and there was a list of a lot of closing stations on the station he put on, including national video, and he would cheer he even encouraged me to follow it i told you in the past i kept a journal of stocks in the fourth grade. i didn't know anything more about the companies, but i wasn't playing with real money, he was sure enough, after pop put a sizable amount of his life savings into national video on the way up, it started going down like many people, pop didn't know what to do. so he would check in with his brother, who checked in with jack, who told his brother and told pop that all was well and keep buying national video, which he did i'm glad for two things. one, pop never borrowed money to buy national video and two, stocks blessedly stop at zero. pop lost everything. i didn't notice the changes back then, but we didn't take much vacation, and we sure didn't stay at the ritz carlton or the

four seasons when we went away i remember ritz mock apple buy made with crackers people are going to be temperatured to own individual stocks to save or augment their paycheck one of the precepts of "mad money" is to show how to invest in individual stock if you're going to do so think of the mistakes my father made with national video and you will know why this show is set up the way it is first you didn't know anything about it so he didn't know how risky it was, how it could go down and go under. he relied on a stockbroker friend of his brother. he had done no work on it t all. so he was at the mercy of the stock and he only knew to buy, not cut and run with his losses. and he lost everything substantial chunk of his life savings. so let me give you the bottom

line here are the many takeaways from the national video story tips are for waiters two, do your homework if you own individual stocks. three, if you can't do homework, don't buy. they can go down as well as up i still don't know what national video does yeah, i can google it, but that's for another chapter in tonight's story. after the break, i'll try to make you more money. >> what's better than "mad money" how about more "mad money. follow "mad money" on facebook, twitter, and instagram to go one on one with cramer >> what other questions do we have i always tell people you've got to start with an index fund, because i need you to be diversified. >> get more with guests. and go behind the scenes with the most interactive show on television >> if you can't explain in three bullets why you're buying a

certain stock, don't buy >> follow "mad money" today. for your heart... your joints... or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally found in jellyfish, prevagen is now the number one selling brain health supplement in drug stores nationwide.

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♪ welcome back to a real special show of shows. me ji first, we covered that i don't even want you to buy an individual stock until you own a diversified index fund and open enough to make it the biggest part of your savings, never stocks we don't call the show "mad money" for nothing we're using mad money only to buy stocks the rest goes into index funds next how not to invest, buying a stock national video ignorantly through a tip via a broke tore a brother, riding it all the way up, and all the way down >> that was easy >> that wouldn't happen with an

index fund but we respect the right everyone has to try to invest in individual stocks. even as we recognize that my father, had he diversed into a basket of stocks might have had more to show for it. which brings me to american agrinomics when i got out of school, i made about $153 a week. and then homicide in l.a., covering the ted bundy murders i didn't make much there either, but i knew to open an i.r.a. to save money so whatever i had automatically went to the mutual fund, run by peter lynch. like my dad, i was determined to try to augment that mutual fund and my paycheck by buying individual stocks for a personal account. i was going into the right way by researching stocks, getting an edge through the research, not through the broker, all that

stuff. where was i going to get that edge why not read all the periodicals that covered the stocks. i was helping to start a magazine, a trade publication devoeded to the profession of law. and because of a kind cyster who let me crash in her suspect, i was able to save some money. in fact, i saved more than $200 beyond my contributions to my i.r.a. and decided to buy -- >> buy buy buy >> the stock of american agrinomics why? because i read an article that said this orange grower was doing incredibly well, and i would be on the ground floor if i bought it. so i picked up shares of this $9 stock. ten shares i was in on the ground floor all right. you know what ground floor i was in on? the cheap linoleum ground floor that i ended up sipping on, because a frost destroyed my investment hmm.

i should have given up right there. i didn't i just changed my m.o. what i did give up on is the idea of buying a stock on a well researched article and letting it ride. it didn't hit me about a better way to do it until i got a call from an old high school friend of mine, who said a local steel mill, which made precision steel, called sps at that point, was hiring if i was looking for a high paying job. my friend didn't know that i was struggling for extra money hey, those calls in the middle of a recession from a friend for a job, they can be like gold i said nah, i was happy where i was, but i decided to hook into sps to see how it was doing as a stock. so i went to the library in new york and read up on anything and everything that was sps. which then changed to st technologies they had everything at that library. business periodicals, wall street research, you name it and here's what i discovered

first, not much known or written about sps. and second what was written was pretty negative. my first thought was to say, it's not doing well, bummer. but then i realized my information is the most current possible i got a guy telling me they can't handle the business they have, and need to add additional shifts of unskilled labor like me but the periodicals all read negatively about it. in other words, i had insight nobody else had. these case it's hard to get that edge edges do exist and we do our best to present them every night. back then, i took everything i had, everything i saved and made a ton of money as the sps story unfolded enough that i decided to look around the office for more ideas where i had an edge. i was writing about lawyers who were working on mergers and acquisitions back then, and the hot story was about oil and gas.

so i figured why don't i find one that hasn't been gobbled up yet. i found a company that had just discovered a large find in indonesia. i took another chunk of money, like $300, and bought that stock. i don't think i had to wait very long before i caught another takeover bid at that point, that changed everything for me. changed my whole career plans. i made enough money to pay for my first year of law school when i decided to become an attorney. i know there are people who will say none of this is possible today. first, the research which was so scantily back then is everywhere now. anyone can google a company and know how it's doing and you would have known that sps, that was taken over, retiring and doing well there are rules to make it where it's hard to get an edge,

because companies have to have full and fair disclosure so some think you can't gain stocks at all. i was investing in individual stocks with a much bigger percentage of my savings still though, i recognize that you can study and pick stocks doing better than the average stock and it can augment your savings provided you do it right, have some edge and stay current. so here's the bottom line. remember american agrinomics and sps. and you buy. i am telling you right now, that's not good enough it's a start better to have genuine insight, especially if it's against the grain of the consent then you increase the odds of that investment. it ain anything that you can do to increase those odds is going to make it more likely than not you will succeed as a do it yourself

investor which should be the reason why you watch this show joe in new york, joe >> caller: boo-yah, jim. thanks for taking my call. >> of course >> caller: a thank you for sharing your wisdom with your viewers. >> i have a great staff that helps me >> caller: my question is this, if i want to diversify and add three or four companies to my portfolio for the long-term, but by diversifying i would only be able to buy two or three shares of each company, or would it be better to buy ten shares of one of them and what is the at least amount of shares you would invest >> many times i've done ten times. remember, though, i do favor an index fund for your first investment and then buy individual stocks. nobody said investing was easy that's why i come here to put the odds in your favor it requires genuine insight, time and hard work on your part. but we'll do it together

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tonight, i'm telling you how to increase the odds of successful individual investing, using stocks from my personal history as a metaphor to tell the story. we've gone over why we start with index funds we have seen the wrong way to invest by looking at a failed investment of my dad's with national video now, while at law school i managed to trade daily using personal insights and going to the harvard business school library, which had everything you could dream of, including research from every major brokerage house, as well as microfiche of s.e.c. filings of individual stocks. so what if it was a month old when we got them it was better than nothing during that time, we saw the beginning of indexing of individual stocks. and then ultimately the s&p 500.

i didn't think much of the s&p 500 back then, i didn't. i was more interested in individual stocks and i had some big scores at no point, did these changes cool the arbiter for individual stocks the heyday was just beginning when i was at law school, why i put a stock a week on my answering machine. we were coming out of a period of subpar market performance interest rates for about four, five times the bonds are now and money coming into stocks, let's just say it was the beginning. how do i know this when i started a vision in 1984 at goldman sachs, i used to get a call every day from none other than my mother, who loved the stock market and would call for quotes i got her interested in stocks in the early '80s and she chose to invest in the way that peter lynch started to teach us back then, buy what you know and stay on top of it

she had been shopping in giant food and asked me if it was publicly traded. she brought 35 shares and itching to buy more. so i would read up on the wall street research and marry her experiences with the fundamentals of the grocery business goldman had at the time what was known as the ax, the best analysts on the street, and i would reach what he had to say about giant. i had the luxury of those days of having a friend from the lowe's corporation who would send me a big gym bag of research from other firms, including firms that wrote about grocery stores so here was the process of homework you like an idea through personal experience, giant foods. you read up about it with the best research. you match those insights with those of other firms if the ax liked it more, you might have a slight imperfection as others got on board it was particularly helpful if the ax were to trace out the

game plan. if there was terrific growth, that would mean investors would only pay out more for other companies in a sector, meaning the multiple, which is the price we're willing to pay for future earnings, would go higher. these days everything is so much easier while giant food was bought by a dutch company, you could have bone to the web page, which would have had a stock price of course, the negative is that everyone has the same info but the original insight by my mother was the starting point. you can't substitute for that. no as an aside, my late mom never lost her interest in stocks. every day she would call me at 9:30 to get her quotes on giant. she did it to stay alert and connected to me. goldman sachs gave me as much time off as i needed to spend

with her before she died i pledged to my mom that one day i would do something more creative than just make money with money something fulfilled years later by this show despite all these different inputs, the process of picking winning stocks can be up ended by events like the great recession. which brings me to the fifth stock in our saga, gantos. anybody remember that? it was heavily promoted by goldman sachs. i tried to get my father to buy stock, but he would hear nothing of it. i asked him why. he said because no one goes there. i told him that was impossible it was way too highly rated by goldman. my father said all right let's take a trip to franklin mills, a giant outlet mall outside of philadelphia.

my father used to go there to see if merchants needed misboxes and bags there was a gantos he said we're going to camp out in front of the store there and make a judgment ourselves whether anybody goes in and out. we sat there for hours and hours talking and watching only about a dozen people entered the darn store and i couldn't recall if person coming out with a bag i shorted the company that monday wall street research can be very wrong. gantos made me skeptical i am offering a way that this show can bolster the process i try to imagine my mother being a caller i try to keep the skepticism of the gantos lesson my father taught me. so you can understand the process of good investing.

most of all, i want to show you it 17bisn't reckless to pick individual stocks and those who say it is don't understand the process. it all increases the odds of successful individual stock investing, while minimizing the risks of single stock ownership. so here's my bottom line my mom was no genius at stocks, but she had a genuine interest my dad was a genius at retail. i would like to think some of that rubbed off on me. stay with cramer

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the notion of individual investing and how i teach you to analyze stocks if you have the time and inclination i want you to invest in invest funds, not individual stocks because i can't have you buy a stock on a tip and do no research i want you to have an edge or a catalyst or personal experience where you can match that experience with homework, principally research but recognizing you must be skeptical at all times now let's get to the final piece of the puzzle that eludes so many of you, and make the process far more mystical than it seems let's talk about heinz, the ketchup company bought not long ago by a consortium. when i decided to leave goldman sachs, the first stock i bought was heinz. why? because i was looking to own a

stock that represented call on a great management team that could deliver earnings through thick and thin it was a classic growth stock, moving from the first world to the third world. we used to call it before it became developing economy. plus, at a time when the japanese were nipping at our companying and the chinese were just becoming a world power, i was confident we would never have asian ketchup on the picnic table. what i didn't count on was the performance demands on the hedge fund performance class as long as i was at goldman sachs, i could suggest my clients buy more in case they went down. that wasn't wrong, and would run the risk of losing a client. but performance management has its own set of rules, and it was learning them on the fly that really got me, let's just say down on my luck. just buying stock because you knew it was terrific didn't matter to my new investors in my

fund they wanted performance, often daily performance. i started my fund at a time when the economy was just beginning to heat up heinz was a staple what i didn't understand is when the company heats up, people dump these stocks for something more cyclical and in the blink of an eye. i watched as heinz and other companies like bristol-myers drop and drop some more. they were caught in a rotation in the stocks of companies that were diversified industrial machine, businesses, with earnings that would heat up, start popping. i didn't get that if i wanted to perform daily. i realized i would have to dump heinz and bristol-myers and start buying other companies nevertheless, i had a clause in my contract, one demanded by one guys, which is if my fund dropped by more than 10%, i would have to open the doors and let people out of the contract

my fund sank and sank because it was filled with not what was fashionable. when i had fallen to 9%, we booted my favs and started playing the rotation game. it was a sobering lesson if you want to perform on a daily basis, you have to take action you can't just sit there this rotation game is not one that you can play at home without it being a full-time profession as the year progressed, these stocks kept getting higher and higher at a certain point, things got too hot. people worried about interest rates going higher the next thing you know, the stock market crashed all of the cyclical plays were decimated. so were bristol-myers and heinz, but they snapped right back, and that's what happens to the best of the companies let's come back to the show.

i have told you to use an index fund and only buy individual stocks with mad money using the right way, not the wrong way here i have detailed how a rotation can derail the best of the best for a short period of time what we do is try to explain up top why your stocks might not be following the fortunes of the companies underneath then i try to show you as a home gamer you can use the flailings of the hedge fund performers to your advantage i do that through the longer pieces that use stocks as examples of what's happening and bring along executives see if they fit into what's right and wrong in the "mad money" world view. i've said the best of breed always does win out in the end my job is to keep an eye on that price for you, and to explain why the market may not be reflecting accurately what's going on at actual companies

and that's your chance to get into them at reasonable prices i augment these views with my other works and writings that's a way to show you how big money works by playing with an open hand. it's more of an exhibit with e-mails than a performance that's okay. it can help you understand the rotations better than anything out there while producing good profits for charities. i've given away more than $2.3 million. all along, i've had your interest at heart. i want you to understand how it works enter twined with how a home gamer should invest i know that the show is not perfect, i've made my share of mistakes i favored companies that didn't work out or didn't do my own homework correctly i have a reputation for being too bombastic. i'm just trying to keep you

informed in an entertaining way. but if i didn't try to make it a little bit of fun, it would have failed commercially years ago and i would have let down by parents and you home gamers. the education is what it's about, as long as you know the bottom line is that i'm doing my job and hopefully doing it right. stay with cramer >> mr. cramer, love the show >> we really appreciate you out there, man >> boo-yah from my kids. >> boo-yah, mr. cramer >> i know you hear this all the time, jim, but thank you, thank you, thank you so much >> this has been my best year by far and away in the market >> i just want to thank you for looking out for the regular guys out there. >> i am trying to teach people to be better investors and i am doing my darn best that's my goal here. >> great to hear your voice and know you're there for us

hey, everybody, i get your tweets all day and try to answer as many as i can but today i thought i would giv

my hands a break you said to be aware of firms heavily advanced in debt if you go to stay mad for life, i have a lot of rules, but you have to make sure the debt they have, the interest they have to pay isn't overwhelmed -- doesn't overwhelm the company. in other words, can the cash flow pay for that interest that's what you'll hear, cash flow versus interest here we have number two, is there any virtue of returning to the gold standard? no, we don't want that we have no flexibility whatsoever however, i do think that owning some gold is always a good idea. you can do it through the bullion or the gld or periodically i might recommend a stock. check this out great morning on the west coast, teaching my five-day-old the value of investing on "mad

money. what i say you know what that kid has horse sense. okay could you define value good cash flow, low debt, momentum, what is the quality everything gets sold high quality companies is acknowledged to be the corporate leader in its sector that's what i want if the sector is a good one, and this is the best of breed in the sector, you're going to have a good long-term investment. i prefer to wait to get a periodic move down that's when you pull the trigger. buy good quality companies at prices you like. we know that money never sleeps, but do you i've always had a sleeping problem, my sister and father have sleeping problems we cannot stay asleep. that's why you see me sleeping at 3:40. next, who are some short sellers

worth following and learning from this is an industry where what i'm looking for is actually the best shorts, not the best short sellers. what i found is the best short sellers are in the wrong stocks. they're all shorting the same stock. your 6:00 p.m. shows replace the nightly news amazing coverage i appreciate that and i'm glad you watch it when it's on air. now, so glad you are here. thank you for the extra tv hours. action alerts.com is a companion news letter to my charity trust. stick with cramer.

>> cramer! you are super. you are awesome. >> i'm a first-time investor >> thank you for inspiring me t get in the game. >> you show is the best. >> you have transformed me thank you, cramer.

i like to say there's always a bull market somewhere, and i promise to find it just for you right here on "mad money." i'm jim cramer and i will see you next time >> take control of your financial futch we are the new madmoney.cnbc.com. cramer's interviews, full episodes, analysis, even your own sound board. plus, special access to "mad money" 101 with rules and techniq techniques >> the red flag that makes me drop a stock -- >> it's everything you need right when you need it the new madmoney.cnbc.com.

[bell ringing] >> it's show time, it's go time right now. >> tonight, on "jay leno's garage"... let's show 'em how we used to do it. it's old school versus new school. in one corner, we have vintage styling. have you let any of your friends drive it? >> never. >> excellent. alternative engines... [horn blaring] and futuristic innovation. >> we're all set for auto control. >> well done, firebird ii. >> in the other corner, we have the latest technology... come on, girl. the greatest performance... 460 horsepower, carbon fiber brakes. and the best safety features. >> they call it driverless. >> but you can't hop in the back seat with a bottle of scotch and drive. >> no, you can't, you can't. >> like, "take me to chicago." to find our champion, we'll put one of nascar's youngest stars, joey logano, in a 50-year-old race car. oh, logano's racing instincts