Jesse Livermore Quotes


A loss never bothers me after I take it. I forget it overnight. But being wrong - not taking the loss - that is what does damage to the pocketbook and to the soul.


Citations

Lefèvre, Edwin. Reminiscences of a Stock Operator. George H. Doran Company, 1923, p. 58.

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Jesse Livermore
Jesse Livermore
  • Born: July 26, 1877
  • Died: November 28, 1940
  • Nationality: American
  • Profession: Stock Trader

Jesse Lauriston Livermore was an American stock trader. He is considered a pioneer of day trading and was the basis for the main character of Reminiscences of a Stock Operator, a best-selling book by Edwin Lefèvre. At one time, he was one of the richest people in the world; however, at the time of his suicide, he had liabilities greater than his assets.