Mad Money w/ Jim Cramer Mad Money w/ Jim Cramer 5/8/25
May 8, 2025
Dive into the world of investing where active management strategies are highlighted, particularly with the Fidelity Enhanced Large Cap Core ETF. Reflect on a 20-year journey transforming financial media and empowering everyday investors through financial literacy. Discover the importance of investment education on college campuses and hear personal anecdotes that connect business with childhood memories. Explore the duality of financial commentary, the legacy of influential figures, and the vital role of mentorship in shaping future leaders.
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From Homeless to Millionaire Investor
- Jim Cramer was homeless in 1978, living in his car and sleeping on the back seat.
- He saved spare cash in a Fidelity IRA, which grew to $2 million, proving saving pays off.
Retail Investors Boom Explained
- The collapse of commissions and rise of zero-cost trading hugely expanded retail investor participation.
- Charles Schwab’s brokerage accounts grew from 7 million in 2005 to over 36.5 million today.
Mad Money's Personal Impact
- A young woman shared on campus how Mad Money connected her to her late father who died of cancer.
- Jim responded emotionally, reaffirming his mission to help people through real connections.