Edwin Lefevre Quotes
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Being broke is a very efficient educational agency.
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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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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 game taught me the game.
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They say you never grow poor taking profits. No, you don't. But neither do you grow rich taking a four-point profit in a bull market.
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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.
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The public always wants to be told.
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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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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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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.