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Jesse Lauriston Livermore Quotes: He will risk half his fortune in the stock market with less reflection that he devotes to the selection of a medium-priced automobile.
         

He will risk half his fortune in the stock market with less reflection that he devotes to the selection of a medium-priced automobile.


Jesse Lauriston Livermore
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Other quotes of Jesse Lauriston Livermore


It never was my thinking that made the big money for me. It always was my sitting.

It never was my thinking that made the big money for me. It always was my sitting.



To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.

To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.



Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.

Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.



The stock market is never obvious. It is designed to fool most of the people, most of the time.

The stock market is never obvious. It is designed to fool most of the people, most of the time.



Men who can both be right and sit tight are uncommon.

Men who can both be right and sit tight are uncommon.



A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.

A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.



The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.



Every once in a while you must go to cash, take a break, take a vacation. Don't try to play the market all the time. It can't be done, too tough on the emotions.

Every once in a while you must go to cash, take a break, take a vacation. Don't try to play the market all the time. It can't be done, too tough on the emotions.



It isn't as important to buy as cheap as possible as it is to buy at the right time.

It isn't as important to buy as cheap as possible as it is to buy at the right time.



Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.

Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.





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Your faith in yourself is all you will ever have. Don't let anyone take it away from you, ever.

Your faith in yourself is all you will ever have. Don't let anyone take it away from you, ever.



My workday begins around 11 A.M., with a cup of black coffee in each hand. If I had more hands, there would be more coffee.

My workday begins around 11 A.M., with a cup of black coffee in each hand. If I had more hands, there would be more coffee.



Once you get into the habit of work, you can be more productive in the things you want to do.

Once you get into the habit of work, you can be more productive in the things you want to do.



I cannot allow a third party to decide on my country's future.

I cannot allow a third party to decide on my country's future.



Spring's first conviction is a wealth beyond its whole experience.

Spring's first conviction is a wealth beyond its whole experience.



That was the way of this cold world, where men fished the sea and dug in the ground and died, whilst women brought forth short-lived children from beds of blood and pain.

That was the way of this cold world, where men fished the sea and dug in the ground and died, whilst women brought forth short-lived children from beds of blood and pain.



She was stronger alone.

She was stronger alone.



If you don't eat right and you don't know how to take care of your body, you're not going to have the energy to do anything wonderful.

If you don't eat right and you don't know how to take care of your body, you're not going to have the energy to do anything wonderful.



There's one thing that I know about myself, I could wash dishes and be happy.

There's one thing that I know about myself, I could wash dishes and be happy.



History is merely gossip

History is merely gossip




Quote Description


This page presents the quote "He will risk half his fortune in the stock market with less reflection that he devotes to the selection of a medium-priced automobile.". Author of this quote is Jesse Lauriston Livermore. This quote is about risk, half, selection, automobile, fortune, reflection, investing,.