"The people who are buying stocks because they're going up and they don't know what they do deserve to lose money"
About this Quote
The specific intent is twofold. First, it’s a warning about momentum-chasing, the oldest trap in the book: when “up” becomes the only research, the trade is already crowded and the exit door is narrow. Second, it’s reputational self-defense. In a media economy where hot takes can be mistaken for financial advice, Cramer draws a bright line between educated risk and roulette. If you won’t learn what a company actually does, you can’t claim victimhood when volatility does what it does.
The subtext is harsher: ignorance isn’t just costly, it’s ethically suspect. He frames losses as deserved punishment, turning a market lesson into a character test. That’s emotionally satisfying for viewers who want a clean story about winners and fools, but it also flatters the “serious” investor identity he sells.
Context matters: Cramer speaks from the noisy intersection of finance and entertainment, where hype cycles, meme stocks, and FOMO are recurring business models. The irony is that his brand runs on urgency; he’s both the bouncer and the promoter. This quote is him trying to restore a hierarchy: markets aren’t a game, unless you treat them like one.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Cramer, Jim. (2026, January 15). The people who are buying stocks because they're going up and they don't know what they do deserve to lose money. FixQuotes. https://fixquotes.com/quotes/the-people-who-are-buying-stocks-because-theyre-142939/
Chicago Style
Cramer, Jim. "The people who are buying stocks because they're going up and they don't know what they do deserve to lose money." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/the-people-who-are-buying-stocks-because-theyre-142939/.
MLA Style (9th ed.)
"The people who are buying stocks because they're going up and they don't know what they do deserve to lose money." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/the-people-who-are-buying-stocks-because-theyre-142939/. Accessed 12 Feb. 2026.




