So in order to ensure that the players at home understand the importance of diversification, Cramer played a game called "Am I Diversified?" with callers on the show who provide their top five holdings and Cramer provides his feedback.
The first caller was Todd, who had a portfolio that consisted of Facebook, Anglo Gold Ashanti, Skechers, Apple and Allergan.
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Cramer said that he would rather own the gold ETF GLD instead of Anglo Gold Ashanti. And while both Apple and Facebook are both tech stocks, Cramer was willing to accept both of them in the portfolio because Apple is such a low multiple stock and isn't doing well right now.
One pattern that Cramer noticed with all of the portfolios was the prevalence of Apple. It seemed that the stock has now become a core position for many investors, and was a position in all of the callers inquiring with Cramer.
"A lot of people like Apple. And maybe some people would say too many people like it. But I say you just hold it. Not doing well today, and hasn't done well for a while. But I think it's a great value," Cramer said.