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Quote by Jesse Lauriston Livermore

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How to Trade in Stocks: The Livermore Formula for Combining Time Element and Price

This book delves into the trading philosophies of Jesse Livermore, a prominent figure in the stock market history, offering insights on how to effectively combine time and price analysis for successful stock trading. more

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Jesse Lauriston Livermore
Jesse Lauriston Livermore

Jesse Lauriston Livermore was a renowned stock trader, born on July 26, 1877, and died on November 28, 1940. He was known for his keen insight and bold investment strategies in the stock market, often referred to as the 'King of the Stock Market'. more

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“Market values are fixed only in part by balance sheets and income statements; much more by the hopes and fears of humanity; by greed, ambition, acts of God, invention, financial stress and strain, weather, discovery, fashion and numberless other causes impossible to be listed without omission.”

“The Founders were not democrats and socialists..., but conservatives who had a healthy distrust of political passions and who devised a complex system designed to frustrate the schemes of social redeemers and others convinced of their own invincible virtue.”

“A conservative party that reshapes its self-presentation according to the suggestions of the liberal media, of course, may very well get what such lack of courage deserves. Having been told by their opponents for years that the key to Republican victory was a softening of the message and more smiles, Republicans have now apparently taken a big dose of this medicine. One might counsel more caution in accepting medicine from one's enemies.”