Edwin Lefevre Quotes
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The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages.
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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.
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Being broke is a very efficient educational agency.
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When you find that it fails to respond adequately to your buying you don't need any better tip to sell.
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The public always wants to be told.
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It is a very old thing, this of noting the behavior of a stock and studying its past performances.
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A man must believe in himself and his judgment if he expects to make a living at this game.
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The game taught me the game.
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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.
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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.