Jesse Lauriston Livermore Quotes on Investing

11 quotes

1. 'In a bull market your game is to buy and hold until you believe that the bull market is near its end.'

3. 'It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!'

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

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

6. 'He really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market and its trend.'

7. 'Obviously the thing to do was to be bullish in a bull market and bearish in a bear market.'

8. 'When your security is acting right, you can safely add to your line from then forward!'

9. 'When I buy stocks for a rise I like to pay top prices and when I sell I must sell low or not at all.'

11. 'Experience has proved to me that real money made in speculating has been in commitments in a stock or commodity showing a profit right from the start.'

13. 'If my stock does not act as I anticipated, I immediately determine that the time is not yet ripe - so I close out my commitment.'

15. 'From my point of view, the investors are the big gamblers. They make a bet, stay with it, and if all goes wrong, they lose it all.'

All Jesse Lauriston Livermore quotes