Friday, 01/18/08
Posted 01/18/08,  8:16 am

(Scroll down to see Jim's comments below)

 
 
Today's date:  Friday, 01/18/08

  Dow Jones: 12,099    - 59
  NASDAQ:   2,340     - 6
  S&P 500:   1,325     - 8
 
 
 
 
 
First Segment
 
 
Final Segment 2 Title: 'Interview With Gene Simmons from the rock group, KISS'

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Featured Stock(s): No new stock picks...

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Stock Snapshots - Includes all stocks mentioned above

 

 

Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

Full Company Name/Comments
(see comments above for each)


na

na

na

'Sit Down Interview With Gene Simmons'

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No fresh stock picks.





         

 

 

 



See all of tonight's stocks' latest quotes on Yahoo! Finance


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Second Segment
 
 
Final Segment 2 Title: 'Mutual Admiration'

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Featured Stock(s): Mutual Fund Manager Interview

Chuck Akre, Manager
FBR Focus Fund (FBRVX)

.  .  .  .  .

 

   
 

Stock Snapshots - Includes all stocks mentioned above

 

 

Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

Full Company Name/Comments
(see comments above for each)


FBRVX

49.12

49.12

Mutual Fund Manager Interview

Chuck Akre, Manager
FBR Focus Fund (FBRVX)

Complete comments to follow shortly...

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Jim's comments BEFORE the interview:  
 
In
Stay Mad For Life, my latest book on personal finance and investing, I put together a list of my top mutual fund managers... the first time I ever wrote about mutual funds... Usually I just write about individual stocks, but I know you need ideas about funds...

I gave special weight to performance in the down years, because that's what I care most about... capital preservation.  2000... 2001... 2002...

Because the reason to put your money into an actively-managed fund is to protect you from losses... or even make money when the market is awful...

Tonight, we have one of my top mutual fund managers, Chuck Akre, who runs the
FBR Focus Fund (FBRVX)...

This guy runs a great fund.  Really low turnover... an investor more than a trader... a great manager for anyone looking for long-term outperformance, who doesn't have to look at it everyday, and be concerned about short-term performance...

Akre was up 32.6% in 2001... an ugly year for the market... and stayed positive in 2002, when the S&P was down 22%.  A consumate pro, whose five-year average annual return is a stellar 20.7%.

That's why he finished so high in
Stay Mad... That's why I am thrilled to have Chuck Akre on tonight to talk about how he does it, and what he likes right now...

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Jim's comments AFTER the interview:  
 
This fund gest it.  He gets it.  How often have I said have some cash for when it gets bad.  He was one of the only guys who did!  

 

       

[ end of final segment ]

   
 

Go to the SUDDEN:DEATH SEGMENT from tonight's show here >>

See current quotes on Yahoo! Finance from tonight's show stocks here >>


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Symbol keys:

A Charitable Trust stock. - An asterisk next to a stock symbol indicates that Jim mentioned it is a stock that he manages within
his charitable trust portfolio.  You can see the complete portfolio
of stocks here >>

Thumbs up - indicates he would buy the stock or, at the very least, not sell the stock.  We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show.  Please read his comments to decide for yourself.

Thumbs down - indicates he has said not to buy or to sell the stock, based on his comments  We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show.  Please read his comments to decide for yourself.

Back up the truck - indicated by Jim, when he says the stock is so good, that he would do a 'mon-back' on the stock... In other words, this is the sound someone would say to a truck driver, "Come on back... " as he is "backing up the truck" to load up on his cargo.  Translation for buying stocks:  This recommendation by Jim indicates that, after you do your own homework on the stock, you should feel comfortable loading up on it, as it is in a good position to be bought at this point.

Stumped. - Of the 2,000+ stocks that Jim Cramer has in his head, for which he has an informed opinion, he sometimes comes across a caller with a stock he does not know well enough to opine on...  He then indicates he is stumped and will have to come back to it, after he does some homework of his own on the stock.  This usually occurs during the Lightning Round, when Jim does not know in advance who is calling, or what their stock question is about.
 

 
Definitions of key phrases used by Jim, known as "Cramerisms":

Definition:   'Pull the trigger' is Jim's phrase for making the decision at that point to trade - either to 'buy' or to 'sell' (although he usually uses the phrase for buying), as if to say you should feel comfortable enough to make the final decision without looking back...

Definition:   'Ring the Register' is Jim's phrase for selling a stock, and making it a final sale, that you should not look back on.  Put it behind you.

Definition:  'Let It Come In' indicates how you may wait for it to pull back, or have the stock price come down briefly, as your chance (after letting it come in) to buy the rest of your position (i.e., total number of shares you own in that stock).

Definition:  'backing it up' or 'doing a 'mon-back' is Jim's phrase for the metaphor of backing up a truck to load up on a stock by buying it.  'Mon-back is short for the imaginary worker saying, 'Come on back...' as the truck is backing up to receive its load... Notice that we use the little truck icon to indicate where Jim has mentioned this.  Translation for buying stocks:  This recommendation by Jim indicates that, after you do your own homework on the stock, you should feel comfortable loading up on it, as it is in a good position to be bought at this point.
  See more "Cramerisms" & other financial phrases here >>
   
Helpful Websites:
  See the stocks currently known to be in Jim Cramer's
Charitable Trust at:

jim-cramer-charitable-trust-stocks.com

 
See the stocks currently known to be in Warren Buffett's portfolio
of stocks at:

warren-buffett-portfolio.com

 
  Stock Homework 101:   This is an excellent upcoming site that provides resources and links to help you do that homework that Jim Cramer recommends after hearing his suggestions...

StockHomework101.com

This site is coming soon.   Thank you.

 
  FastMoneyRecap:   This site will be a quick summary of recommendations made by the great Fast Money TV show crew, that will offer you a unique service, to compare their picks to Jim Cramer's past comments about those stocks.

Fast Money Recap - Trades for next day...

Compare these picks to Jim's comments for the same stocks.

 

 

   
   
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