After the Dow Jones Industrial Average topped 40,000 last week, CNBC's Jim Cramer reflected Monday on his many years in the business, saying investors should take a step back and realize how far the market has come.
At first, Cramer admitted he felt somewhat cautious about celebrating the milestone, thinking back to the Dow's great losses over his decades-long career on Wall Street.
But then Cramer remembered when the average was at 1,000, saying perhaps he should "demonstrate some confidence" in the market after all these immense gains.
To Cramer, investors don't need to be" cheerleaders" for the market, per se.
"I could've tossed the Dow 1,000 hat and gone and become a lawyer.
Persons:
CNBC's Jim Cramer, Cramer
Organizations:
Dow Jones, Dow, Federal