Edwin Lefevre Quotes
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If a stock doesn’t act right don’t touch it; because, being unable to tell precisely what is wrong, you cannot tell which way it is going. No diagnosis, no prognosis. No prognosis, no profit.
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The game taught me the game.
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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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That is about all I have learned—to study general conditions, to take a position and stick to it.
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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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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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Being broke is a very efficient educational agency.
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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.