Aug 1, 2010

Jim Cramer on Benjamin Graham during the Tech Bubble (2000)

[Internet-related companies] are the only ones worth owning right now. [These "winners of the new world"] are the only ones that are going higher consistently in good days and bad.

You have to throw out all the matrices and formulas and texts that existed before the Web. If we used any of what Graham and Dodd teach us, we wouldn't have a dime under management.

~ Jim Cramer, as hedge fund manager, as quoted by Jason Zweig in the commentary of The Intelligent Investor, February, 2000

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