Cramer: Here’s the problem with correction calls

CNBC's Jim Cramer said Wednesday that while he believes it is almost necessary for investors to call for a marketwide correction, they could end up missing investment opportunities.

"The fact is that if you don't call for a correction you're going to look silly. And I think that's part of the problem with this market," Cramer said on "Squawk on the Street." It's almost as if it's universal. We've got to call for a correction because there is too much easy money. The problem with that is that then you miss Time Warner Cable."

On Monday, Charter Communications announced it had agreed to buy the cable company for $195 a share, or about $55 billion.

"You could make enough money on [the] Time Warner Cable [deal] where you could have retired and cashed out," he added.

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Cramer also made his remarks a day after Snapchat CEO Evan Spiegel said the Federal Reserve's zero-rate policy has created an asset bubble that has led people to make "riskier investments" than they otherwise would and that a correction was inevitable.

—CNBC's Matt Hunter contributed to this report.