Usually our posts about Jim Cramer are about the crazy outfits he wears on his show (see: Onesie). Today however, the outfit, though crazy, does not take centre stage.
This post is about what Cramer said while prefacing a discussion about how well Polaris, a snow mobile company, is doing. Basically, he sounded like he was stumping for the 99%:
(We’re in a) renaissance of people buying stuff they don’t need…stuff no one should ever need, ultra-discretionary merchandise that’s downright, frankly embarrassing and should make us feel the tiniest bit ashamed of capitalism….It’s because the richest of the rich are once against buying their favourite toys…F.Scott Fitzgerald was right the rich are different from you and me.
You can watch his whole speech below: