Don’t fight the Fed, make things and do stuff at a profit, and other Cramer lessons from 2022

PUBLISHED THU, DEC 15 202212:47 PM ESTUPDATED THU, DEC 15 20221:52 PM EST

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Traders work on the floor of the New York Stock Exchange during morning trading on December 06, 2022 in New York City. The Dow Jones opened low this morning continuing its downward trend dipping more than 400 points as the stock market closed on Monday. 

Michael M. Santiago | Getty Images

The first rule of money management is never to have to say you are sorry. That’s why money managers never tell you in real time what their holdings are. It’s why they don’t hold monthly meetings. It’s why they don’t take questions.