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Jesse Lauriston Livermore Quotes: The only thing to do when a man is wrong is to be right by ceasing to be wrong.
         

The only thing to do when a man is wrong is to be right by ceasing to be wrong.


Jesse Lauriston Livermore
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"Jesse Lauriston Livermore Quotes." Quoteslyfe.com, 2024. Fri. 19 Apr. 2024. <https://www.quoteslyfe.com/quote/The-only-thing-to-do-when-a-711622>.





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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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On the other hand, the American public possesses a great resilience and strength, and good risk communication strategies can tap into and even amplify those assets.

On the other hand, the American public possesses a great resilience and strength, and good risk communication strategies can tap into and even amplify those assets.



In every grain of wheat there lies hidden the soul of a star.

In every grain of wheat there lies hidden the soul of a star.



Shyness displays itself differently in me. I think it's more an awkwardness.

Shyness displays itself differently in me. I think it's more an awkwardness.



Our nation is being led astray by ungodly judges, mayors and governors, who are given to change, defying the Constitution and substituting their own wicked agendas.

Our nation is being led astray by ungodly judges, mayors and governors, who are given to change, defying the Constitution and substituting their own wicked agendas.



You can have solid third party politics, but the problem is you're all lumped in to all the fringe groups. That's a stereotype that happens.

You can have solid third party politics, but the problem is you're all lumped in to all the fringe groups. That's a stereotype that happens.



We've got to convince our egos and our minds that if we want to live happy lives, love is more important than anything else!

We've got to convince our egos and our minds that if we want to live happy lives, love is more important than anything else!



When I was five I thought auditions were a great way to get out of school!

When I was five I thought auditions were a great way to get out of school!



I'm a commercial writer, not an author. Margaret Mitchell was an author. She wrote one book.

I'm a commercial writer, not an author. Margaret Mitchell was an author. She wrote one book.



Dear young people, do not be satisfied with anything less than Truth and Love, do not be content with anything less than Christ

Dear young people, do not be satisfied with anything less than Truth and Love, do not be content with anything less than Christ



We are as humans essentially products of our hardware - that is an insight that I've taken with me into the trading side.

We are as humans essentially products of our hardware - that is an insight that I've taken with me into the trading side.




Quote Description


This page presents the quote "The only thing to do when a man is wrong is to be right by ceasing to be wrong.". Author of this quote is Jesse Lauriston Livermore. This quote is about things to do, men,.