Jesse Livermore Quotes

I think that I could have been take apart if the bear market continued, but I waited three years before I felt the bear market was over and I was right.

I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up.

The idea is to buy when the probability is greatest that the market is going to advance.

I've been in real estate for my whole life, I've been trying to sharpshoot the market with my investments, I'm never right. All you need to do is get near the bottom. That's good enough.

There is only one side of the market and it is not the bull side or the bear side, but the right side.

The trend of the market is up, not down. Shorting stocks puts you against that trend and thus makes it more difficult to make money.

Buy into good, well-researched companies and then wait. Let's call it a sit-on-your-hands investment strategy.

Having the opportunity to follow the market frequently gives you the opportunity to see if you need to reevaluate your portfolio. But reevaluating your portfolio shouldn't trigger a sell signal so frequently.

If you go back to 2001, the market had two violent short covering rallies then, although I know the market didn't officially get going until March 2003.

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

I'm quite bullish. We're coming up on year 15 of a flat stock market. Historically that's a pretty good sign. So I'm not a hedge-fund manager but if I was I think I'd be feeling pretty good.

Big money is made in the stock market by being on the right side of the major moves. The idea is to get in harmony with the market. It's suicidal to fight trends. They have a higher probability of continuing than not.

Too often, the public can fall into the trap of investing when stock prices are rising, not dropping.

He really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market and its trend.

Cheer the bull, or cheer the bear; cheer both, and you will be trampled and eaten.

My favorite time frame for holding a stock is forever.

I learned very early in my investing careers: I better not invest in what I want. I better invest in what's happening in the world. Otherwise I'll be broke - dead broke.

It takes a man a long time to learn all the lessons of all of his mistakes. They say there are two sides to everything. But there is only one side to the stock market; and it is not the bull side or the bear side, but the right side. It took me longer to get that general principle fixed firmly in my mind than it did most of the more technical phases of the game of stock speculation.

Never try to sell at the top. It isn't wise. Sell after a reaction if there is no rally.

Individual security bargains may be located by the process of security analysis practically at any time. They can be bought with good overall results at all periods except when the general market itself is clearly in a selling range for investors. They show up to best advantage during the years in which the market remains in a relatively narrow and neutral area.

I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I owned the - I was buying stocks the day before the election. I was buying the same stocks the day after election. And if Hillary had been elected, it would have been the same thing.

When even the analysts are bored, it's time to start buying.

It's in the nature of stock markets to go way down from time to time. There's no system to avoid bad markets. You can't do it unless you try to time the market, which is a seriously dumb thing to do. Conservative investing with steady savings without expecting miracles is the way to go.

Investing is the greatest business in the world because you never have to swing. You stand at the plate; the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like; then, when the fielders are asleep, you step up and hit it.

FISHER SEES STOCKS PERMANENTLY HIGH