"You have a class of investors and you have a class of speculators. The speculators historically haven't been big enough to cause the investors to doubt the long-term vision of stock"
- Jim Cramer
About this Quote
This quote by Jim Cramer is describing the stock exchange and the 2 various kinds of people who invest in it. The financiers are those who are seeking to make a long-lasting investment in the stock exchange, while the speculators are those who are looking to make a fast profit. Cramer is saying that the speculators, while they may be able to make a fast revenue, are not big enough to trigger the investors to doubt the long-lasting vision of the stock exchange. This suggests that the stock exchange is still a viable investment option for those looking to make a long-term financial investment. Cramer is likewise recommending that the speculators should not be seen as a danger to the financiers, as they are not large enough to cause any considerable damage.
This quote is written / told by Jim Cramer somewhere between February 10, 1955 and today. He/she was a famous Businessman from USA.
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