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Here Is A Great Quotes From A Favorite Writer Of Mine

[raven16]

Edwin Lefvre Quote It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. 'Edwin Lefvre'

[Yasch22]

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[Yasch22]

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[raven16]

Thanks Yasch22 - The Market Can Takes It's Toll On You,I Remember During The Tech Bubble In 2000 That A Couple Of Guys Took Their Live After Having Lost Everything Including Their Homes...... 'A year later Livermore's life took one final downturn. He committed suicide. Age 63.'

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[KBB161718192030]

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[dwolfenson]

Great stuff, Yasch... as always. I hadn't bothered to google Livermore. Unfortunately, I've read far too many posts credited to one GoodNewsBull over at ST... the feller is prone to quoting ol' Jesse, but seldom if ever any context beyond quotes. In at least one sense, Jesse and the also much laureled Melvin Purvis (from same era) shared commonality. Purvis had been J. Edgar Hoover'

[Yasch22]

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