Jesse Livermore Quotes

I am not criticizing investing in the stock market; I am an investor.

Who owns the future? This is the question at the heart of every stock market.

The thing to do is to buy and sell.

A speculator gambles that a stock will go up in price because somebody else will pay even more for it.

Nobody ever lost money taking a profit.

In any investment, you expect to have fun and make money.

Between calculated risk and reckless decision-making lies the dividing line between profit and loss.

You must spend money to make money.

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

I don't know anything about a stock!

I like things with upside. That's how you make money.

People will invest in you only if they see some kind of return, and that's the dark truth.

My advice to most people is don't short stocks. It's a very, very difficult business. And you can really get clobbered.

I think when you invest a lot, you earn your rewards.

The trend is your friend.

The Stock Market is designed to transfer money from the Active to the Patient.

Investing is not as tough as being a top-notch bridge player. All it takes is the ability to see things as they really are.

The great personal fortunes in the country weren't built on a portfolio of fifty companies. They were built by someone who identified one wonderful business. With each investment you make, you should have the courage and the conviction to place at least 10% of your net worth in that stock.

When people ask me how I was able to make so much money in the market during a 20-year period, I would always say I did it off the misunderstandings of others.

With each investment you make, you should have the courage and the conviction to place at least ten per cent of your net worth in that stock

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

You invest yourself in what you believe can succeed.

To gain profit is important, but you must invest to build up assets that you can cash in in the future.

Investing isn’t risky; not being in control is risky.

People need to have the incentive that if they invest and succeed, they can make a fair profit. Otherwise they'll stop investing.