Mistakes Made: Cramer Cops to Missed Calls

Cramer never hesitates to admit when he made a mistake. His mea culpas are a regular occurrence on Mad Money. But that’s because you become a better investor when you honestly review what went wrong. Do that, and history is less likely to repeat itself.

So on Friday Cramer returned to two stocks – L-1 Identity Solution and Tessera Technologies – that didn’t perform as expected. Watch the video to see what went wrong in these names and the lessons learned as a result. The Mad Money host even created a new investing rule based on what he found.

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  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

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