How did Jim Cramer Opens the NYSE this year?
I’m not just saying this because I’m an arrogant jerk, but I’m also good at picking stocks. Even when I’m at the pinnacle of my self-hatred, I still acknowledge that I have a talent for finding the right stocks at the right times. What do I know that the other guys don’t? I know how the market really works. It’s rigged, right? Actually, no. Not as much as it used to be, anyway. Back when I was getting started, I was always jealous of the guys in the business who played golf. On the links is where the CEOs used to leak how the quarter was going, or selectively give a nod to suggestions that the quarter was better than expected. Spitzer and Enron changed that. Aided by tough new laws involving fair disclosure, regulators have really started to prosecute those who leak not just takeover bait but simple insight to some investors and not all of them. Now everyone gets their information at the same time. That’s a huge playing-field leveler, and it makes the market more honest, because the ri
