Jim Cramer uses past lessons to prepare you for what to come

Core Insights - The article discusses the risks associated with investment deals that may appear beneficial but are fundamentally flawed, drawing parallels to past market bubbles, particularly in the tech sector during the dot-com era [5][6]. Group 1: Investment Deals - The concept of "lazy Susan deals" is introduced, where an investor is asked to invest in a company with the expectation of receiving their money back through purchasing goods from that same company, which raises legal and ethical concerns [3][4]. - A recent example involves OpenAI reportedly in talks to raise at least $10 billion from Amazon, with implications that some funds may be used for Amazon's AI chips, which is celebrated in the market despite the potential risks [6]. Group 2: Market Conditions - Current market conditions are compared to the dot-com bubble, with significant declines noted in major indices: the Dow dropped 228 points, the S&P fell by 1.16%, and the NASDAQ plunged by 1.81% [5]. - The article suggests that there are signals indicating a bubble in the artificial intelligence sector, similar to those observed in the early 2000s, highlighting the cyclical nature of market bubbles [5].