Jim Cramer wants you to stop expecting billionaire investors to help you build wealth. “Billionaires won't save you—they're out for themselves,” he wrote for CNBC.com recently.
“I can count on a couple of fingers the number of billionaire hedge fund managers who have actually tried to help other people's capital appreciate,” the longtime CNBC host and former hedge fund manager said. He said there are far more billionaire investors who incite fear and pressure others into selling their stocks than those who genuinely try to help others grow their capital.
