tv Mad Money NBC November 26, 2016 3:00am-4:00am CST
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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, welcome to cramerica. other people want to make friends, i'm trying to make you money. my job isn't to entertain, it's to educate and teach. call me at -- every day i come out and tell you why it happens and what you can do with the information. i do it in order to help you be a better do it yourself investor or better client.
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of people headed by an executive producer who has been with me by the inception. from all the look and feel to research. we have a team that helps me with memos. we have a head writer who's our only writer since inception when he was a freshman in high school, cliff mason. my sister nan and her husband todd's son, my nephew. now the show after years and years has become a bit of a labor of love. long we take it for granted what we do. tonight i'm going to change it. tonight i want to talk to you about the show, its evolution and how you can best use it or, worse, misuse it. i am 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 @jim cramer.
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you come here and what you want. the show has evolved. the show was an outgrowth of a radio show called "real money" which is where we first heard boo-yah which i did in conjunction with "the street." it's on the paid site "real money." when we started the show people wanted real investment ideas. the stock market changed. got hit with the greatec the entire asset class of stock, meaning stocks as a way to save and make money. we had many companies, big companies, particularly the financial world, destroyed by the downturn, mostly because they had lent a lot of money and didn't have enough money in the bank to handle the losses that came from a dramatic decline in economic activity, the credit crisis. i am proud of the fact that if you watch me you might have avoided the downturn. i shouted from the rooftop that
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situation was far worse than anyone realized. no matter. even the fed acknowledged it in its minutes, i was the only guy saying it was falling apart. i was also vilified for not telling people to sell. it was a metamorphosis. i added some language at the very top of the show meant to describe a new manifesto, reason for being. i say every night in some form or other, the show is meant to educate, inform, teach. i say it different ways different times each night. that's very important, very different. a total break in a lot of ways because i think that it's just not enough to give you stock ideas. in fact, we've deliberately minimized it over the last, well, decade. we want for you to be able to understand the process and to pick them for yourself or more importantly, we want you to understand the stock market
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judgment whether you can do it yourself. me, i love individual stocks. i have for years and years and years. i think they can be tremendous vehicles. our show's identification of certain stocks literally from the get-go, stocks like apple, chipotle, pepsi-co, honeywell, bristol-myers, ever since we've changed the show we've tried to leave behind the new eye dierickx hot ideas and instead try to give you themes that fertile sectors, themes that i hope can make come alive with analogy, sports, movies, whatever so you can do the homework on them. post the great recession or living longer through healthy eating habits, social, mobile, cloud, connectivity and investment. i've written many books over time. proud of that. "i know confessions of a street addict" remains a favorite. i think "get rich carefully" is
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companion. a lot of what i talk about in the show if you're having trouble getting rich, do it. i'm cognizant that the market is hard. you've got time burdens, you've got demands. you may be bewildered by my attempts to make things clear. that's why i've emphasized i am okay with an index fund. i would not invest until i put away $10,000. while i have for retirement, emergencies, education. i have never warned you off of individual stocks. i would prefer that you invest in index funds versus stay in mutual funds. there are always individual cases where individual managers will put themselves, but managers move on records and change and past performance. there's no guarantee. which brings me to point number one of the show.
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salesman for individuals. i am a believer in the asset classes of stocks as a part of overall saving for retirement, vacations. i do want you to have what is known as exposure, that's a technical term in the stock market, and i try mightily to convince you that it is worth it to do so because stocks have, indeed, created so much wealth over time. if you don't believe me, why don't you read warren buffet's golden anniversary report that explains why stocks are why do they work? is it they represent the sum prospects of business. they represent the wealth the companies create in aggregate and the sharing of that wealth with shareholders. you get to be along for the ride. i want you to be along for a ride in a responsible way which is most definitely a lean index fund. i like a fund that gives you a total return or fund that encompasses all the stocks in
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once again, for those who don't get it, here's my bottom line. the show has changed over time. the one where we pick stocks for you. we educate stocks so you can understand why an index fund of stocks might be worth investing. there's only one problem, we know you like stocks, too, or you wouldn't be watching. when we come back we'll explain why we delve into individual stocks after we progress, profess sh index funds as the first way to go. larry in massachusetts, larry. >> caller: jim, i know i've mentioned it before, but i just want to tell ya how much your nightly focus lessons remind me of roosevelt's fire side chat. >> president roosevelt was great. larry, thank you. my mom says, just say thank you. thank you, larry. >> caller: we need you out here, jim. >> thank you. >> caller: just a question for tonight. when does an investment turn
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quickly and at what percentage gain do we unload a small position which has gotten out of control and, conversely, how quickly and at what percentage loss do we admit that we got it wrong? >> i have shorthand for these. my rules have evolved. when you're up 50% you take off 25. when you're up 100% you take off, yeah, all of your initial investment. when you play with the house's money, you say thank you very much. investment into trade, we don't do that. if something is an investment, it's labeled an investment, it is an investment. if you didn't get enough in, you can kick that out. investment comes a trade when you didn't get the whole position. greg in new york. >> caller: jim, i feel like a kid every day. how are you doing? >> i'm doing quite well, dreg. how about you? >> caller: quick question. me and my friends are pretty
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do you think it's worst taking more risk when you're younger when you don't have enough money to put more money on the line and try to keep the higher profits? >> greg, listen. listen to me, greg. i didn't start with much money, but i took big risks because i had my whole life ahead of me. you've got your whole life ahead of you. buy some stocks, when they go down big, you've got that paycheck coming. it's only older people who are further down the line. 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 welcome. thank you, chris, so much. how can i help? >> caller: my question is i have an ira equity portfolio that i
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then is obviously reinvested into it. my question is about dividends. does it matter whether you reinvest those dividends back into stock that generated them or reinvest them in the fund in general? >> all right. any time you can reinvest dividends, reinvest dividends. always reinvest those dividends. compounding, one of the greatest single things that can happen to your money is the compounding of dividends. teach a should evolve. our mission remains, to make you the home gamer better. no matter what you invest in. i'm in your court. plenty of "mad money" to come. how to plug into the market's biggest fund of wealth. plus, it can be a huge way to win but a massive catastrophe if you're not careful. don't miss this next portion of advice. but i'm taking your tweets. "mad money" will be back after the break. >> announcer: don't miss a
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follow @jim cramer on twitter. have a question, tweet cramer #madtweets. send jim an e-mail to madmoney @cnbc.com or call us at 1-800-743-cnbc. miss something? head to "mad money" @cnbc.com. ugh, it's only lunchtime and my cold medicines' wearing off. i'm dragging. yeah, that stuff only lasts a few hours. one pill fights congestion for 12 hours. no thank you very much, she's gonna stick with the short-term stuff. 12 hours? guess i won't be seeing you for a while. is that a bisque? i just lost my appetite. why take medicines that only last 4 hours, when just one mucinex lasts 12 hours? start the relief. ditch the misery. let's end this. cheez-it grooves are the perfect union of a cheez-it and a chip. you mean like they got married? umm... i guess...
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we started the show explaining why we teach what we teach and why you want to own index funds to capture deposits and opportunities for stocks in aggregate. for those of you who come away say cap stocks to take away from index funds are a waste of time. we're never going to win you. and we do know the we live with it. why then do we even bother to do the show other than i like to be compensated for doing something and i like the money. surely i could retire by now. i gave my investors one of the largest returns at 24% when the standard & poor's index gave you 8%. i will come back to that number so hold onto it.
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what i want to do at this stage of life. every now and then again i'm thinking maybe i should go back and be a hedge fund manager. whenever that happens i remember my late father thought i was much happier doing what i was doing now. he thought it would be a mistake to go back to that life and he thought the show was very helpful and he was my bigger backer in what i was trying to accomplish here. thanks, pops. so why ever talk about individual stocks then? first, we know someone must want have lasted as long as we have. in the end if there's a commercial product and the market is judged as commercial products, if it wasn't, i would have been cancelled. second i do it because of things -- national video. this is history. national video, american ago grow no, ma'am mick. st technologies, giant food, hines. these six stocks are at the core
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you can 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 i know that you're going to want to buy them anyway or you wouldn't be watching "mad money", which brings me to the first of six stocks that were suggested by 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 tennis. he had a really good backhand. my father worked hard. after the war he started at gimbels selling men's slacks, gaberdine. when it was clear he wasn't ever going to get promoted, he decided to strike out with his brother, first selling carpet, ultimately boxes and bags to retailers. those who have heard my father's eulogy delivered the day after
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business life. he and his brother started the national gift wrap and box company to supply merchants with everything they needed to box, wrap and bag whatever they sold to their customers. well, he never had much competition, his customers were always going under and he was on the road quite a bit trying to find that -- find the new one. i remember endless days of discouragement. i was growing up. those were the days when my mom would tell me, go to your room. go to your room before pop got home because he hard day and didn't make any sales. it was tough for him to save. he had money in a bank account at savings and loan and it didn't pay much interest. i knew he was always deathly afraid he couldn't pay the bills. one day pops said he knew what he had, he knew what he was going to do. he was going to buy the stock of national video because pops' brother had heard from jack, the guy with the good backhand who was a broker, that it was the next big thing.
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roaring 1960s. at first the stock went up dpla particularically. pop was elated. he bought more and more of it because it was going higher. in fact, that was really about all pop knew about national video. pop didn't follow it. he either found out how it was doing by reading the five star evening bulletin which came out at the close of the market or he would turn on the he'd even encourage me to follow it. i kept a journal of stocks that i followed in the fourth grade. i didn't know anymore about the companies behind the stocks beyond what pop knew about national video but i wasn't playing with real money. he was. sure enough, after pop had put a sizeable amount of his life's savings in national video on the way up, it started going down. like many people, pops didn't know what to do so he would check in with his brother who checked in with jack who told his brother who told pop that
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did. all i can say is that i am glad for two things, one is that pop never borrowed money to buy national video and, two, stocks blessedly stop at zero on the way down. pop lost everything, everything. i didn't notice the changes back then, but let's put it this way. we didn't take much vacation and we sure didn't stay at the ritz carlton and four seasons when we went away. i remember ritz mocked apple pie made with crackers. there was an important takewa from the national video incidence. people are going to be tempted to own individual stocks to save or augment their paychecks. one of the precepts is to know how to invest in individual stocks if you're going to do so. think of the mistakes my father made with national video. that's why the show is set up the way it is. he didn't know anything about it. he didn't know how it was doing, how risky it was, how it could
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friend of his brother. he had done no work on it at all so he was at the mercy of the movement of the stock and he only knew to continue to buy rather than cut his losses. that's right, he had a tip. he bought the tip up and down doing no work and he lost everything. substantial chunk of his life's savings. let me give you the bottom line. here are the many take aways from the national video story. tips are for waiters. you must do homework if you're if you can't do homework, earn an index stock. if you fear losing money, don't own stocks as well. they can go down as well as up. national video, i still don't know what it 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. >> announcer: what's better than "mad money"? how about more "mad money." follow "mad money" on facebook,
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>> what other questions do we have? ah, i always tell people you've got to start with an index fund because i need you to be diversified. >> announcer: 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 it. >> announcer: follow "mad money" today. honey, aren't we having friends over? it reeks in here. i know [goat noise] d to wash this room. wash it? yeah, wash it with febreze. for all the things you can't wash, use febreze fabric refresher wow [inhales] it really smells great in here. dog barks and try pluggable febreze, with up to 4 times the freshness in one refill. pluggable febreze and fabric refresher
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i love that my shop is part of the morning ritual around here. people rely on that first cup and i wouldn't want to mess with that. but when (my) back pain got bad, i couldn't sleep. i had trouble getting there on time. then i found aleve pm. aleve pm is the only one to combine a sleep aid plus the 12 hour strength of aleve. ? look up at a new day...? hey guys! now i'm back. aleve pm for a better am. question, are my teeth yellow? have you tried the tissue test? ugh yellow. what do you use? crest whitestrps. crest 3d whitestrips whiten 25 times better than a leading whitening toothpaste i passed the tissue test. oh yeah.
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welcome back to a real special show of shows, meaning a show describing what this show is about and why do it to begin with. first we covered that i don't even want you to buy an individual stock until you own a diversified index fund and own enough to make sure that it is always going to be the biggest part of your savings. never stop. we don't call the show "mad
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buy stocks. the rest goes into index funds. next learn how not to invest, buying a stock, national video, ignorantly through a tip from a broker via brother and then riding it up and then 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 diversified into a next fund o stocks might have had more to show for it. which brings me to the second stop. american agrinomics. initially when i got out of school i covered sports and government in tallahassee. i made about $153 a week. homicide in l.a. winning some awards for my work. i didn't make much money there but i knew to open an ira to save money. my dad told me to do it. whenever little money i had went
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fund. that was run by peter lynch. like my dad, i was determined to try to augment that mutual fund and my paycheck by buying individual stocks. however, i was going to do it the right way, by researching stocks, getting an edge through the research, not through a brother, a broker. where was i goings to get that edge? i figured why not read all the periodicals. i helped start a american wear. i was able to save some money because i scratched on a couch. i saved more than $20 beyond my contributions. decided to use that definition of "mad money" to buy the stock of american agrinomics. why? because i read an article at "forbes" magazine. they said this orange grower was doing well and i'd be on the
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$9 stock. ten shares. i was in on the ground floor all right. you know what ground floor i was in on? i was in on the cheap linoleum ground floor. because the frost wiped out the orange crop and destroyed my investment. i should have given up right there. i didn't. i just changed my m.o. what i did give up on was the idea of buying stock off a well researched article. way to do it until i got a call from an old friend of mine. he said an old steel mill called sps was hiring if i was looking for a high paying job. they had a lot of workers. my friend didn't know. he knew i was struggling for extra money. those calls from a friend can be like gold. nah, i was happy where i was but
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company, as a stock. i went to the mid town library at new york and read up on everything and everything that was sps. it's since changed to sp technology. they had everything, business periodicals, wall street journal, everything. here's what i learned. what was written was pretty darn negative and there wasn't much written. my first instinct is to say, oh, well. bummer. hold it, my information is i've got a guy telling me they can't handle the business they have and need to add additional shifts of unskilled labor like me. the periodicals didn't know anything about it. in other words, i had insight. i was ahead of the story. now these days it's hard to know that. edges do exist and we do our best to present them. interpretations of news and events can augment those edges and analysis is important.
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as the sps story unfolded. enough money that i decided i would look around the office for more ideas where i had an edge. i was writing an article about lawyers who work on mergers and acquisitions. the hot field for mna was always about oil and gas. one after another they were being gobbled up. why don't i find one that's not been gobbled up. we're talking about 300 bucks, another chunk of money, and bought that stock. at that point i was hooked. i changed everything. changed my whole career plan. yeah. i put money into my mutual fund but anything left went into individual stocks. i made enough money to pay for my first year of law school and i decided to go back to become an attorney. i know there are people who will say, wait a second, none of this is possible today.
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scant is now out there on the web. everybody knew sps was hiring and doing well. third, there are rules to make it hard to get information. that would mean some would say you can't possibly gain stocks and you might as well buy an index fund. you know i'm not against that. i was investing in individual stocks still though, i recognize that you can study and pick worth while stocks that might be doing better than the average stock and can, indeed, augment your savings. have some edge and stay current on the company. so here's the bottom line, remember american agrinomics and sps if you only know what one person says in the media, or the writer of "forbes" or anyone else. that's not good enough. it's a start.
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especially if it's against the grain of consensus. it is in the end about the options. anything you can do to increase the odds in your favor is going to make it more likely than not that you will succeed as a do it yourself investor which in the end should be the exact reason why you watch this show. joe in new york. joe. >> caller: boo-yah, jim. this is joe from kings park. thank you for taking my call. >> of course. me. thank you. >> 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? basically what is the least amount of shares you would invest? >> ten shares is -- i've done many times. i've done ten shares, i've done two or three shares.
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tonight i'm telling you how to increase the odds of successful individual investing using stocks from my personal history to tell the whole story. we have gone over why we start with index funds. we have seen the wrong way to invest by examining a failed investment of my dad, national video. we have seen the right way through a couple of stocks i bought before going to law school all which were ahead of the publicly available data curve.
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insights and the harvard business school library. i used the research from every major house as well as what we call microfiche. so what if it was about a month old when we got them, it was certainly better than nothing. during that time in law school we saw the beginning of index of individual stocks. we saw them bundling the stocks followed by the value line companies. that was an influential research i was more interested in individual stocks. i had big scores. all of which you can read about in "confessions of a street addict." the heyday for stock was just beginning by the time i was in law school, hence, why i put a stock a week on my answering machine. almost all made money, thank heavens. we were coming out of a long period of subpar performance. the 30 year treasury was
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five times elongated bonds and money coming into stocks, let's say it was all beginning. how do i know this? simple. when i started on commission in 19d 84 at goldman sacks i used to get a call every day from none other than my mother. she loved the stock market and would call for quotes. i had gotten her interested in stocks in the early '80s when she decided to invest in the way peter lynch started to teach us. buy what you know and stay on top of she had been shopping at national foods. i would read up on the wall street research and mary her experiences at the chain, personal insight, with the fundamentals of the groceries. goldman had what was known at the time as the act, the best analysts on the street about
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giant. i had a friend tommy tish from the lowe's corporation and he would send me a big gym bag of information. here was the process of homework back then. giant foods. you read up about it with the best research. you match those insights with those of other firms. if the act likes it more, you might have a slight imperfect effection as other analysts got on board. it's particularly helpful plan. if there was terrific growth, regional going to national, that would mean investors would pay up more in a sector, meaning the multiple, which is the price you're willing to pay for future earnings or the p.e. could go higher. these days everything is so much easier. while giant food was bought by a dutch company, you could have gone to its web page and it would most likely have everything you want, stock price, which is available
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the negative is everybody has the same info. the original insight from 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. she took sick with cancer in 1985 and she would call me every day at 9:30 to get her quotes on giant and other stocks she followed when the market opened. she did it to stay alert and to stay connected with me. goldman sachs gave me as much time off as i needed to spend with b i never forgot how easy it was for a parent or a son or daughter to talk about stocks which is the major reason to do the show. i pledged to my mom i would do something more. it is important despite the different inputs the process of picking stocks can be up ended by events as we know by the great recession or something happening to the company.
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gantos. anybody remember gantos? it was a woman's apparel stock. it was heavily promoted. i tried to get my father to buy stock in the chain but he would hear nothing of it. i asked him why. we had the best analysts on the street. he said, because no one goes there. it's impossible. it's highly rated. my father said, all right. then let's take a trip to franklin mills, a giant outlet mall outside o called on merchants to see if they needed any of his boxes and bags. there was a gantos in one of the many mall stores. here's what we're going to do. we had to camp out in front of gantos and make a judgment our self whether anybody goes in and goes out and buys anything. we sat there for hours and hours talking and watching and only about a dozen people went in
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until the whole thing went to zero. another lesson learned. wall street research can be very wrong. gantos made me skeptical. i never forgot that exercise. this show can bolster the process. i infuse the show with all the lessons. i try to imagine my mother being a caller. i try to keep the skepticism of the gantos. i try to help present the giant and the understand the process. most of all, i want to show you it is not reckless and those who say it is, they don't understand the process. it all increases the odds while minimizing the risks of single stock ownership. here's the bottom line. my mom was no genius in stocks but she did have an interest. my dad was a genius and i'd
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stay with cramer. this is lulu, our newest dog. mom didn't want another dog. she said it's too much work. lulu's hair just floats. uhh help me! (doorbell) mom, check this out. wow. swiffer sweeper, and dusters. this is what i'm talking about. look at that. sticks to this better than it sticks to lulu. that's your hair lulu! mom, can we have another dog? (laughing) trap and lock up to 4x more dirt,
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we're talking tonight about the notion of individual investing and recognizing how i try to teach you how to analyze stocks you might pick if you have the time and inclination. again, if you don't, you can keep watching but i want you to invest in index funds, not individual stocks. why? 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. preferably research and knowledge gle company's website recognizing you must be skeptical at all times. let's get to the final piece of the puzzle that eludes so many of you and makes the process far more mystical than it seems. let's talk about heinz, the ketchup company. when i decided to leave goldman sachs after four fabulous years to open my hedge fund the first stock i bought was heinz.
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it was a classic growth stock moving from the first world to the third world. we used to call it that before it became developing economy. at the time when the japanese were dipping into our companies and the chinese were becoming a world power, i was confident we would never have asian ketchup on the picnic table. that proved to be right. what i didn't count on were the performance demands on the hedge fund manager. as long as i was at goldman sachs rec needed to suggest my clients buy more of them in case they went down. that way i wasn't wrong. i could reiterate, buy, buy, buy. it was learning them on the fly got me down on my luck. buying stocks because you knew it was terrific didn't matter to my new investors. they wanted performance, often daily performance and i started
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heat up. heinz was a staple, a good dividend. what i didn't understand at the time was when the economy heats up, people dump these stocks for something more cyclical and they do it in the blink of an eye. i watched when heinz, bristol-myers dropped more and more and more. they wanted stocks like diversion fied industrial machinery companies with earnings that would heat up. i didn't getha perform daily. i realized that after i dumped my heinz and bristol-myers. start buying reynolds metals, phelps dodge. a few of yesteryear's mining and mineral companies. one demand by one of the guys was that my fund dropped more than 10% i would have to open the doors and let people out of their contract with me. i noticed each day my fund sank
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filled with best of breeds. when we fell to 9% i booted all of mine. it was a sobering lesson i never forget. if you want to perform on a daily basis, as so many hedge funds have to do, you have to take action. you can't sit there and get your head handed to you. there's only one problem, this rotation game is not one you can play at home without being almost a full-time profession. here's why. as that year stocks got hotter and hotter. at a certain point things got too hot. people started worrying about interest rates going too higher. don't we know all about that. the next thing you know, the stock market crashed. all those cyclical plays were decimated. so weren't bristol-myers and heinz initially. they snapped right back. that's what happens with best of breed well-managed companies. let's come back to the show. i have told you to use an index
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individual stocks with "mad money" using the right way, not the wrong way. here i've detailed how a rotation can derail the best of the best. what we do at "mad money" is explain up top why your stocks might not be following the fortunes of companies. things like rotations. then i try to show you as a home gamer you can use the flailings of the hedge fund performers by picking up best of breed companies. i do that through the longer pieces that use examples of what's happening. i bring on executives to learn about the story. fit into what's right or what's wrong in the "mad money" world view. i've seen the best of breed always does win out in the end. my job is to keep an eye on that prize for you and to explain why the market may not be reflecting accurately what's going on and that's your chance to get in them at reasonable prices.
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other work, my writings. my book "get rich" did well. you can follow along. that's the way to show you how big money works. it's an examine the with e-mails versus a performance fund. it can help you understand the rotations out there. i'm proud i've given away more than $2.3 million. all along the way i've had y investor at the heart of the show. i want you to understand how it works and how the machinations of the pros work. i know that the show is not perfect. i've made my share of mistakes. i've favored companies that didn't work out or didn't do my own homework correctly. i know i have a reputation, not deserved i feel, from being too
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if i didn't make it fun it would have failed commercially years ago. i would have let down my mother, my father and home gamers years and years ago. the education is what it's about. as long as you know that i'm doing my job and hopefully doing it right. stay with cramer. i laugh, i sneeze... there goes my sensitive bladder. sound familiar?
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i didn't think it would work, but it does. it's called always discreet watch this. this super absorbent core turns liquid to gel, for incredible protection that's surprisingly thin. so i know i'm wearing it, but no one else will. always discreet for bladder leaks whatcha got there? new cheez-it sandwich crackers made with real cheese ummmm....sammiches sandwich with a d sammich... sandwich sammich sammich see!!! ahahaha! we take time fo r our cheese to mature, in our new cheez-it sandwich crackers. sammiches... (coughs) that cough doesn't sound so good. well i think you sound great. move over. easy booger man.
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fine! i'll text you in 4 hours when your cough returns. one pill lasts 12 hours, so... looks like i'm good all night! ah! david, please, listen. still not coughing. not fair you guys! waffles are my favorite! ah! some cough medicines only last 4 hours. but just one mucinex lasts 12 hours. start the relief. ditch the misery. let's end this. everybody, i get your tweets all day. try to answer as many as i can, but today i thought i would give my hands a break, dig into some
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"mad money." in real money, he means the book, you said to be aware of firms financed heavily with debt. is there a certain debt ratio or percentage to avoid? you have to make sure the debt they have, the interest that 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 cash flow versus interest. here we h there any virtue #cramero is there any virtue. i think owning some gold is a good idea. you can do it through the bullion. check this out, we have @doll lan brian j. great morning on the west coast teaching my 5 day old the value
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what can i say? you know what that kid has? horse sense. @tram lynn high quality companies, could you define precisely, value, good cash flow, low debt momentum. what is quality? best of breed. high quality company. it is acknowledged to be the corporate leader in its sector. that's what i want. and if the sector's a good one, this is the best of breed in the sector, i think you're going to have a good, investment. wait until we get these periodic moves down that are caused by some sort of exoj news event, that's when you pull the trigger. do you have a sleeping problem? my sister has a sleeping problem, my father. we cannot stay asleep as long as we'd like and that's why you see me tweeting at 3:00, 4:00.
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learning from? what i'm looking for is the best shorts, not the best short sellers. what i've found is periodically the best short sellers are in the wrong stocks. they're all shorting the same stocks. i like to look at the companies. here's @lazmaniac. your 6:00 p.m. have replaced the nightly news. i'm glad you watch it when it's on air. you get the scoop of the people. up we have professor, so glad you are helping us. very helpful. thank you. this is a companion newsletter in comparison with a charity. i send it to a charity and write about it while i'm doing it to
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a bull market somewhere and i promise to try to find it just for you right here on "mad money." i'm jim cramer and i will see you next time. - [narrator] right now on my destination dot tv. revel in the prestige and glamour of the legendary langham huntington hotel and spa as we reveal what lies within this classic bucolic palace. - the grounds the experiential aspects and the genuine service is why this property offers the greatest opportunity in southern california - [narrator] and then embark on a first class star studded adventure of a lifetime as celebrity helicopters redefines the meaning of travelling in style. - celebrity helicopters is basically a concierge in the sky. whatever you want we'll make it happen. for the hour or two hours that we have you we're gonna make you feel like a celebrity. it's really a once in a lifetime experience.
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