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Strategies & Market Trends : The Art of Investing
PICK 49.91+1.0%Dec 19 4:00 PM EST

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To: Sun Tzu who wrote (2836)11/17/2021 2:55:10 PM
From: Sun Tzu  Read Replies (1) of 10708
 
More Jesse Livermore excerpts and quotes:

There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who
thinks he must trade all the time.

A broker sold one hundred thousand shares in a few minutes. A wonderful time! And there were some wonderful winnings. And no taxes to pay on stock sales! And no day of reckoning in sight. Of course, after a while, I heard a lot of calamity howling and the old stagers said everybody—except themselves—had gone crazy. But everybody except themselves was making money.

If I hadn’t made money some of the time I might have acquired market wisdom quicker. But I was making enough to enable me to live well.
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