Quotes by Jesse Lauriston Livermore

Jesse Lauriston Livermore

“I can’t sleep” answered the nervous one. “Why not?” asked the friend. “I am carrying so much cotton that I can’t sleep thinking about. It is wearing me out. What can I do?” “Sell down to the sleeping point”, answered the friend.

Sleep

Thinking

Why Not

“If I buy stocks on Smith’s tip I must sell those same stocks on Smith’s tip. I am depending on him. Suppose Smith is away on a holiday when the selling time comes around?

Holiday

Investing

Selling

“On Pat Hearne – He made money in stocks, and that made people ask him for advice. He would never give any. If they asked him point-blank for his opinion about the wisdom of their commitments he used a favorite race-track maxim of his: “You can’t tell till you bet.””

Commitment

People

Race

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.

Cutting

Loss

Soul

A man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

Class

Men

Wall

A man must believe in himself and his judgement if he expects to make a living at this game. That is why I don’t believe in tips.”

Believe

Games

Men

A man must study general conditions, to seize them so as to be able to anticipate probabilities.

Able

Investing

Men

A market does not culminate in one grand blaze of glory. Neither does it end with a sudden reversal of form. A market can and does often cease to be a bull market long before prices generally begin to break.

Bulls

Doe

Long

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

Investing

Prudent

Tape

After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!

Money

Thinking

Wall

Follow The Behaviour University in order to get the greatest quotes from the greatest people of all time so that you can tap into your own greatness.

Able

Acting Right

Action

Arguing

Artist

Attitude

Average

Believe

Bigs

Bottom

Brain

Break Through

Broke

Brother

Bull Markets

Bulls

Business

Can Not

Class

Commitment

Convince

Cousin

Cutting

Desire

Doe

Easier

Economic

Emotional

Facts

Fall

Financial

Fishing

Fool

Foundation

Fun

Games

Give Me

Giving

Giving Up

Gone

Greed

Hands

Hills

Holiday

Home

Ignorance

Important

Investing

Investment

Jobs

The Future Blueprint

Tool

The Home Therapist: Anti Anxiety

Tool

The Autobiography

Tool

The Behaviour Diary

Tool

The Dating Diary

Tool

The Relationship Therapist

Tool

Quotes by Jesse Lauriston Livermore

Jesse Lauriston Livermore

“I can’t sleep” answered the nervous one. “Why not?” asked the friend. “I am carrying so much cotton that I can’t sleep thinking about. It is wearing me out. What can I do?” “Sell down to the sleeping point”, answered the friend.

“If I buy stocks on Smith’s tip I must sell those same stocks on Smith’s tip. I am depending on him. Suppose Smith is away on a holiday when the selling time comes around?

“On Pat Hearne – He made money in stocks, and that made people ask him for advice. He would never give any. If they asked him point-blank for his opinion about the wisdom of their commitments he used a favorite race-track maxim of his: “You can’t tell till you bet.””

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.

A man must believe in himself and his judgement if he expects to make a living at this game. That is why I don’t believe in tips.”

A man must study general conditions, to seize them so as to be able to anticipate probabilities.

A market does not culminate in one grand blaze of glory. Neither does it end with a sudden reversal of form. A market can and does often cease to be a bull market long before prices generally begin to break.

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

After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!

Get Social with TBU

Topics by Jesse Lauriston Livermore

Popular Tools

The Future Blueprint

The Home Therapist: Anti Anxiety

The Autobiography

The Behaviour Diary

The Dating Diary

The Relationship Therapist

Menu

Menu