Kramer, Maya Angelou, Twitter discussed on MAD MONEY W/ JIM CRAMER
I'll tell you why then on that. We find the bull market no matter where might be hiding and i mentioned the questions you've been sending me on twitter. Stay with kramer. Let me give you a piece of advice. That would've saved me a lot of cash and even more heartache back when i was running money professionally. I didn't know no it. This is some genuine sage investing wisdom from the late great maya angelou when someone shows you who they are dr believed them the first time and i know she wasn't actually talking about publicly traded companies but man if the shoe fits wear it all night i've been trying to the hammer home important bedrock principles investing and this is another essential one when some companies shows you who they are leave them the first time or to put it as bluntly as possible when a c._e._o. Tells you businesses bad. Take their word for it. Don't try to make excuses. Don't bend over backwards finding justification so you can keep owning the stock of a company. That's not delivering just get the heck out at least until the smoke clears and you can better assess the damage the better i do for my child will toss. It's because is this rule the worst i do well. You know what i'm talking about. Let me read you the rest of the maya angelou quote because there's another really valuable insight in here. She continues people know themselves much better than you do. That's why it's important to stop expecting them to be something other than who they are. Same thing holds true in the corporate world accompanies executives companies is are almost always going to know the business better than you will unless to being ridiculously negligent they have accessed information you do. They.