22 Quotes by Edwin Lefèvre

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

It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!

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.

A stock operator has to fight a lot of expensive enemies within himself.

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

The speculator is not an investor.

When you find that it fails to respond adequately to your buying you don’t need any better tip to sell.

Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street.

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.