Jim Cramer on the Retail Trading Revolution | Odd Lots

In recent years, retail trading of stocks has absolutely exploded. This is despite the fact that investors are subject to a constant drumbeat of propaganda that individuals can't beat the market, and that the proper way to invest is through low-cost index funds that you don't pay regular attention to. More than anyone else, one man has been banging the drum (literally) for years that individuals can beat the market and are smart enough to select individual securities. That of course is Jim Cramer, the host of the popular TV show Mad Money on CNBC. He is also the author of the new book How to Make Money in Any Market. We discuss his philosophy of investing, his career, his time as a young college-age communist, the time he lead a wildcat strike and got fired, his thoughts on memestock mania, and much more.

[00:00:00] - Cold Open

[00:00:26] - Introduction

[00:03:37] - Jim Cramer's Investment Philosophy on Stock Picking

[00:08:07] - From Hedge Fund Manager to Retail Advocate

[00:10:11] - GameStop Mania & Death Threats

[00:13:22] - Implications of Ending Quarterly Reporting

[00:15:09] - Politicians and the Shareholder Class

[00:17:34] - The Apprentice Stories

[00:18:33] - Daily Routine & Work Ethic

[00:24:31] - Sound Effects & Bloomberg Radio Origins

[00:25:54] - Educator vs. Stock Picker Identity

[00:27:35] - Jim Cramer on the Sparticists and Trotsky

[00:31:32] - Worker vs. Shareholder Welfare

[00:33:39] - Zohran Mamdani and Modern Leftist Movements

[00:37:02] - Inverse Cramer ETF

[00:39:27] - Revisiting the Bear Stearns Rant

[00:42:51] - How Research Has Changed

[00:44:13] - China, Stakhanovism and Capitalism

[00:47:19] - Are We in a Bubble?

[00:51:31] - Closing Remarks

Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox now delivered every weekday plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots ()

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Subscribe to Bloomberg Podcasts

Check out more Odd Lots

Get the Odd Lots newsletter via

And for all things Odd Lots, visit

Visit our other YouTube channels:

Bloomberg Television

Bloomberg Originals

Follow Bloomberg Podcasts on Twitter

For coverage on news, markets and more

#JimCramer #Markets #Finance #Economy #OddLots #Podcast #Business #Investing #Trading