By Jim Cramer
Publication Date: 2026-05-25 17:53:00
First, welcome to all who have joined us for the first time. Your participation in the CNBC Investing Club means a great deal to us. We aspire to get it right for you, in the same way a wonderful Club member explained this weekend as we gardened together. He couldn’t believe how much he had learned and how much he had prospered from it. I can only express gratitude to him. Here’s why — from 1983 to 1987 at Goldman Sachs and from 1987 until 2001 at Cramer & Co, I succeeded in the process of making money for the richest people in the world. It meant little to most of them. I was part of some allocation. I crushed it, for lack of a better verb, but I got thanks from only one soul — a very rich and creative one — and no one else. But that’s not the way it works now at the Club. My gardener friend expressed joy in learning about stocks. It wasn’t because the cost is a microscopic percentage of what I used to charge. It was because he could figure out why stocks went up and down. We discussed the disappointment with Microsoft and whether it should be kicked out. I expressed my doubts about the company in the age of artificial intelligence and what it could do to the core, clunky Windows product, but I doubted that Amy Hood, the incredible CFO at the cloud and software giant, would tolerate that much underperformance. I pondered whether I had come to be too close to Marc Benioff, a special man who invented a company with a product that I loved, and here I am talking about…