Thursday, March 12, 2009

 

Quote of Note: Jim "Mad Money" Cramer

"What's important when you're in the hedge fund mode is to not do anything remotely truthful because the truth is so against your view and it's important to create a new truth, to develop a fiction. And the fiction is developed by anybody who is from down, like, two percent to up six percent here. You can't take any chances. You can't have the market up any more than it is if you're up six."

Jim "Mad Money" Cramer, on TheStreet.com TV, October 30, 2008 (I think). [video here] Quote starts about 5:00. Gotta watch the whole thing.

Technorati Tags: , , ,


Comments: Post a Comment

This page is powered by Blogger. Isn't yours?