In recent years, retail trading of stocks has absolutely exploded. This is happening despite the fact that investors are subject to a constant stream of propaganda that individuals can't beat the market, and that the proper way to invest is through low-cost index funds that you don't pay regular attention to. More than anyone else, one man has been banging the drum (literally) for years that individuals can beat the market and are smart enough to select individual securities. That, of course, is Jim Cramer, the host of the popular TV show Mad Money on CNBC. He is also the author of the new book, How to Make Money in Any Market. We discuss his philosophy of investing, his career, his time as a young college-age radical, the time he lead a wildcat strike and got fired, his thoughts on memestock mania, and much more.
Read more:
US Stocks Advance to Records to Close Out Risk-On FOMC Week
Intel Soars After Nvidia Makes $5 Billion Investment
Only http://Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots
See omnystudio.com/listener for privacy information.
