Jesse Lauriston Livermore Quotes About Speculation
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Speculation is a hard and trying business, and a speculator must be on the job all the time or he'll soon have no job to be on.
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Professional traders have always had some system or other based upon their experience and governed either by their attitude towards speculation or by their desires.
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The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.
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There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.
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Jesse Lauriston Livermore
- Born: July 26, 1877
- Died: November 28, 1940
- Occupation: Stock trader