28+ Edwin Lefevre Quotes On Education, Investigative And Insightful

Edwin Lefevre was an American journalist and author best known for his 1923 book, Reminiscences of a Stock Operator. He wrote for the Wall Street Journal and other financial publications, and his works were popular among traders and investors. His writing style was described as vivid and entertaining, and he is considered one of the most influential financial writers of the 20th century. Following is our collection on famous quotes by Edwin Lefevre on education, leadership, love.

Top 10 Edwin Lefevre Quotes

1. It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
2. Being broke is a very efficient educational agency.
3. When it comes to selling stocks, it is plain that nobody can sell unless somebody wants those stocks.If you operate on a large scale you will have to bear that in mind all the time.
4. The principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past.
5. In fact, of all hoodoos in Wall Street I think the resolve to induce the stock market to act as a fairy godmother is the busiest and most persistent.
6. That is one trouble about trading on a large scale.You cannot sneak out as you can when you pike along.
7. Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street.
8. 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.
9. The big money in booms is always made first by the public - on paper. And it remains on paper.
10. The speculators deadly enemies are: Ignorance, greed, fear and hope. All the statute books in the world and all the rules of all the Exchanges on earth cannot eliminate these from the human animal.

Edwin Lefevre Short Quotes

• The public always wants to be told.
• TIPS! How people want tips! They crave not only to get them but to give them.
• As I have said a thousand times, no manipulation can put stocks down and keep them down.
• When the man who ought to want a stock doesn't want it, why should I want it?
• the public never is independently responsive to news.
• The game taught me the game.
• A stock operator has to fight a lot of expensive enemies within himself.
• The speculator is not an investor.

Edwin Lefevre Famous Quotes And Sayings

Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street. When you read contemporary accounts of booms or panics, the one thing that strikes you most forcibly is how little either stock speculation or stock speculators today differ from yesterday. The game does not change and neither does human nature. — Edwin Lefevre

One of the most helpful things that any body can learn is to give up trying to catch the last eighth - or the first. These two are the most expensive eighths in the world. — Edwin Lefevre

A battle goes on in the stock market and the tape is your telescope. You can depend upon it seven out of ten cases. — Edwin Lefevre

When you find that it fails to respond adequately to your buying you don't need any better tip to sell. — Edwin Lefevre

If a man didn't make mistakes he'd own the world in a month.But if he didn't profit by his mistakes he wouldn't own a blessed thing. — Edwin Lefevre

No man can always have adequate reasons for buying or selling stocks daily - or sufficient knowledge to make his play an intelligent play. — Edwin Lefevre

There is no question that advertising is an art, and manipulation is the art of advertising through the medium of the tape. — Edwin Lefevre

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. — Edwin Lefevre

As a matter of fact I trade in accordance to my means and always leave myself an ample margin of safety. — Edwin Lefevre

And for a sucker play a man gets sucker pay; for the paymaster is on the job and never losses the pay envelope that is coming to you. — Edwin Lefevre

Life Lessons by Edwin Lefevre

1. Edwin Lefevre taught the importance of understanding the markets and investing to maximize returns. He also highlighted the importance of having a long-term perspective when investing and the need to be patient when waiting for returns.
2. He also showed the importance of diversifying investments and the need to understand the risks associated with each investment.
3. Finally, he demonstrated the power of using leverage to increase returns, but also the need to be aware of the risks associated with it.