Why Jim Kramer believes that the stock market is not loved

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While Warren Buffett He said, “Our favorite retention period is forever”, nothing new for the investor. After did he go to the extreme?

Despite the performance of the strong stock market this year, “I think we are in a period that people are not sure of capitalism,” MAD Money. ” Jim Kramer Yahoo Financial said Brian Suzy In a new episode of The opening of an uncomfortable offer Podcast (see the video above; listen below).

“I think we are still stuck in what happened in 2000 and 2008, which was horrific,” continued. “Although if you stick to the world’s vehicle, it has ended you well.”

Cramer sat at the host “MAD Money”, nearly two decades ago, the author of many books, including “How to earn money in any market.” He studied markets and worked to remove their mystery to the ordinary investor. He was one of the first to call Nafidia (Nvda) – “The best choice for me” – when it was just a game company. He also had a hand in the FAANG abbreviation (Facebook, Meta now (now)Dead), apple (Aapl), Amazon (amzn), Netflix (Nflx), And Google (Goog) Now the alphabet (Googl).

Save the date of Yahoo Finance!

Kramer said: “Fang was the greatest creator of wealth in my life unlike Nafidia, and I think my job is to find wonderful shares.” “But I wanted people to understand why I thought they were great.”

For many young investors, coding and hot stocks often combine the most traditional names and advice, making them vulnerable to the most volatile investments. “The doubling is very boring,” Kramer said. “People think it is very difficult. They do not understand what P/E means. They do not understand what it means buying and keeping great stocks.”

This thinking in the short term contrasts with Pavite feelings In the stock market. It is once He said“If you are not ready to own a 10 -year stock, do not think about having 10 minutes.”

Read more: How does the millionaires earn their money?

A year until now, the markets remain stable. S & P 500 (^GspcNearly 15 % increased while 2000 messages (^RootIt rises by 11.61 %, and Dow Jones Industrial Extern (^Dji(9.76 % rises. Best S&P 500 performance During the same time period, it includes Robinhood (Cabbot), Seagate Technology (STX), Western Digital (WDC), Neumont (no), Palantir (Fungi).

Patience and withdrawal are only two contracts, according to Kermer. He said: “The market got bad rap music because it seemed to be a stadium for billionaires.” “The image of dirty wealthy should be, and billionaires do not help.”