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No man can always have adequate reasons for buying or selling stocks daily - or sufficient knowledge to make his play an intelligent play.
Edwin Lefevre -
Being broke is a very efficient educational agency.
Edwin Lefevre
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Another lesson I learned early is that there is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market to-day has happened before and will happen again. I've never forgotten that. I suppose I really manage to remember when and how it happened. The fact that I remember that way is my way of capitalizing experience.
Edwin Lefevre -
The game taught me the game.
Edwin Lefevre -
When you find that it fails to respond adequately to your buying you don't need any better tip to sell.
Edwin Lefevre -
It is a very old thing, this of noting the behavior of a stock and studying its past performances.
Edwin Lefevre -
A man must believe in himself and his judgment if he expects to make a living at this game.
Edwin Lefevre -
The public always wants to be told.
Edwin Lefevre
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There is no question that advertising is an art, and manipulation is the art of advertising through the medium of the tape.
Edwin Lefevre -
I noticed that in advances as well as declines, stock prices were apt to show certain habits, so to speak. There was no end of parallel cases and these made precedents to guide me.
Edwin Lefevre