Jesse Lauriston Livermore quotes

Jesse Lauriston Livermore was an American stock trader famous for making and losing several fortunes in the early 20th century. His trading strategies and market insights made him a legendary figure on Wall Street. He inspired generations of traders with his successes, failures, and books about speculation. Here are 4 of his quotes:

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

Jesse Lauriston Livermore

A loss never bothers me after I take it. I forget it overnight. But being wrong - not taking the loss - that is what does damage to the pocketbook and to the soul.

Jesse Lauriston Livermore

The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.

Jesse Lauriston Livermore