4.4 • 3.9K Ratings
🗓️ 25 February 2025
⏱️ 44 minutes
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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 little market somewhere, and I promise to help you find it. |
0:12.0 | Mad Money starts now. |
0:14.0 | Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer. |
0:20.0 | Other than my friends, I'm just trying to save a little money. My job is not just to entertain, but to put this all in context to educate. |
0:25.6 | So call me at 100743. CBC. |
0:27.6 | Tweet me, Jim Kramer. The fad stocks, they need to go down before non-fad stocks can try them. |
0:34.6 | That's what's happening. It's just a fact of life in this business. |
0:38.0 | After last week's meltdown in all things fattish, it's a rare positive and a sea of negativity |
0:42.3 | that this thing is running its course. And that's what I'm thinking when the Dell |
0:45.8 | inched up 33 points, S&P shed, 0.5%. But the NASDAQ tumbled 1.21% turning negative for the year. Now I want to make clear, by the way, the decline came at the end of the day. |
0:56.0 | I don't know what caused it, but it was pronounced. |
0:58.0 | It was nasty. |
0:59.0 | Now, nobody wants anybody to lose money, including me. |
1:02.0 | But there's a thing called froth, and we've got to talk about it, as froth is the enemy of prudence. |
1:07.0 | Smart investing requires a degree of prudence, something that's highly incompatible with froth. |
1:15.6 | We've had froth galore and not a lot of prudence running to this hideous market that we got last Thursday and Friday and the end of the day. |
1:21.6 | Now, the floth has fallen flied. I mean, if we were ordering a cappuccino at Starbucks after waiting for |
1:27.5 | four minutes, up it, we'd return it. No froth. The answer, it's been tamped down by people |
1:33.5 | who want something else with a little more staying power. That's why the drug stocks have been |
1:37.4 | going up. But let's speak to the frothiest of froth. Quantum computing! Yeah, it is pretty funny when you think about it. We know that before Microsoft |
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