The people who are buying stocks because they're going up and they don't know what they do, deserve to lose money.
Jim CramerAfter a lifetime of picking stocks, I have to admit that Bogle's arguments in favor of the index fund have me thinking of joining him rather than trying to beat him. Bogle's wisdom and common sense are indispensable... for anyone trying to figure out how to invest in this crazy stock market.
Jim Cramer