Cramer Remix: When companies show you who they are, believe them

  • 📰 CNBC
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Jim Cramer breaks down why investors should listen and believe in what executives say about their companies.

"When someone shows you who they are, believe them; the first time," Dr. Angelou once said.

"To put it as bluntly as possible: When a CEO tells you that business is bad, take their word for it," the host of CNBC's "" said. "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.

So don't be too cynical. Like the rest of Angelou's quote says, "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."After more than 30 years of investing, Cramer knows how difficult it can be to put together a great portfolio and follow his many investing rules at the same time.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pump, pump, pump!

America is a corporation. We’ve been woke. staywoke

I'll have to disagree... trust, yes, but verify

Yhh dats true

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines