Jim Cramer uses past lessons to prepare you for what to come
December 18, 2025 • 2m 23s
Jim Cramer (Host of Mad Money)
00:00.190
when
i
was
running
the
street
dot
com
the
online
news
journal
i
started
in
nineteen
ninety
five
i
found
out
how
hard
business
could
be
hardly
a
quarter
Jim Cramer (Host of Mad Money)
00:08.110
went
by
where
we
could
meet
our
quota
for
ad
revenue
which
is
why
we
set
up
more
stable
subscription
business
to
cushion
the
shortfalls
but
then
Jim Cramer (Host of Mad Money)
00:15.110
one
day
one
day
i
got
this
call
from
one
of
the
most
infamous
companies
of
the
dot
com
era
it
was
a
bit
of
a
summons
Jim Cramer (Host of Mad Money)
00:19.990
when
i
sat
down
with
this
guy
who
was
rich
as
creases
he
said
he
wanted
to
do
all
sorts
of
things
with
me
and
investment
ad
buys
that
works
Jim Cramer (Host of Mad Money)
00:27.710
dot
com
nirvana
Jim Cramer (Host of Mad Money)
00:31.040
i
sense
pure
greatness
luke
her
just
the
imprimatur
alone
would
be
a
home
run
i
could
see
the
headlines
Jim Cramer (Host of Mad Money)
00:37.870
but
then
i
heard
the
other
side
of
the
deal
in
exchange
for
the
investment
i
take
the
money
and
buy
a
requisite
amount
of
goods
from
his
company
basically
Jim Cramer (Host of Mad Money)
00:45.670
it's
being
asked
to
make
his
quarter
seem
pretty
circular
and
pretty
fishy
but
Jim Cramer (Host of Mad Money)
00:51.070
both
end
up
looking
great
i
told
him
i
wanted
to
speak
to
my
lawyer
first
and
and
you
know
what
my
lawyer
shot
it
down
immediately
Jim Cramer (Host of Mad Money)
00:57.870
he
said
you
can't
invest
in
a
company
that
gets
your
money
back
in
your
own
wares
that's
what's
called
a
lazy
susan
deal
and
Jim Cramer (Host of Mad Money)
01:03.950
these
can
be
fraught
from
an
investor
and
a
legal
point
of
view
my
lawyer
Jim Cramer (Host of Mad Money)
01:08.550
told
me
never
to
speak
to
that
person
again
not
long
after
this
man
's
company
got
crushed
as
part
of
the
dot
com
collapse
thank
Jim Cramer (Host of Mad Money)
01:16.630
heavens
thank
heavens
i
didn't
deal
with
them
so
today
where
we
keep
hearing
that
there's
a
bubble
brewing
and
artificial
intelligence
world
Jim Cramer (Host of Mad Money)
01:22.870
i
come
back
and
tell
you
that
the
bubbles
been
bursting
for
weeks
now
and
we're
now
getting
a
lot
of
the
signals
that
we
saw
back
in
the
dreaded
year
two
thousand
believe
me
i
was
Jim Cramer (Host of Mad Money)
01:31.110
in
the
scrum
then
it
has
a
major
impact
today
with
the
dow
slipping
turn
twenty
eight
points
SP
tumbling
one
point
percent
the
nasdaq
plunging
one
point
eight
one
percent
all
kinds
of
the
stock
Jim Cramer (Host of Mad Money)
01:42.670
these
days
we're
constantly
hearing
about
what
i
call
these
lazy
susan
deals
except
they're
being
celebrated
as
good
news
for
both
parties
Jim Cramer (Host of Mad Money)
01:49.150
today
for
example
we
learned
that
open
AI
and
talks
to
raise
at
least
ten
billion
dollars
from
amazon
some
of
which
could
be
spent
on
amazon
's
AI
chips
we
heard
Jim Cramer (Host of Mad Money)
01:57.630
applause
for
this
all
day
? (Announcer)
02:00.440
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02:08.670
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