Speaking during Monday's "Squawk on the Street" segment, Cramer suggested that people have been convinced by "very powerful marketers" that achieving superior returns can only be achieved through stock picking experts or artificial intelligence machines designed by the smartest programmers in the planet.
'Brainwashing'
Cramer continued that people have programmed to think it is impossible to achieve superior returns, but in reality, the top investment ideas are front and center in daily life. For example, savvy individuals who understood the popularity of Netflix, Inc. NFLX's original programming could have bought the stock years ago.
Another example includes recognizing Domino's Pizza, Inc. DPZ's improvements in its products, ordering and delivery systems, which helped push the stock from a mere $10 at the start of the decade to today's price of around $190 per share.
Examples like these have been "right in your face" this whole time.
"It's recognition of trends," Cramer emphasized. "Trends that you and your friends see — or you and your kids see. It's the recognition that every kid has an Apple [when the stock was trading at] $15."
See Also: Jim Cramer: Target's Executives Are Likely Wondering What The Heck Is Going On
Related Link: Jim Cramer: Maybe Investors Aren't Paying As Much For Corporate Earnings
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.