New Market, New Rules: Cramer's 'Mad Money' Recap: (Friday 8/17/18) [TheStreet.com]
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Source: TheStreet.com
New Market, New Rules: Cramer's 'Mad Money' Recap: (Friday 8/17/18) No matter how much you love the stocks in your portfolio, discipline must always trump conviction, Jim Cramer told viewers Friday night in a special episode of Mad Money . Rules help remove emotion from investing, and you violate them at your peril. Cramer's made many mistakes during his 40-year career, and you can avoid many of them by just following these simple rules. The first rule has become a pillar of Mad Money , and that's the notion that bulls make money, bears make money, but pigs get slaughtered. How do you know when you're being needlessly greedy? Cramer said you'll just know it when it happens, and yes, you can be a short-selling pig as well. We all saw what greed looks like at the height of the dot-com era in 2000. We saw it again at the height of the housing bubble in 2008. The fact is that if you get greedy and then get wiped out, you won't be able to stay in the game, and staying
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