Edwin Lefèvre quotes

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 Lefèvre)
When you find that it fails to respond adequately to your buying you don't need any better tip to sell. View quote
Edwin Lefèvre
When the man who ought to want a stock doesn't want it, why should I want it? View quote
Edwin Lefèvre
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. View quote
Edwin Lefèvre
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. View quote
Edwin Lefèvre
The game taught me the game. View quote
Edwin Lefèvre
The public always wants to be told. View quote
Edwin Lefèvre
A stock operator has to fight a lot of expensive enemies within himself. View quote
Edwin Lefèvre
Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street. View quote
Edwin Lefèvre
A battle goes on in the stock market and the tape is your telescope. You can depend upon it seven out of ten cases. View quote
Edwin Lefèvre
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. (Edwin Lefèvre)
TIPS! How people want tips! They crave not only to get them but to give them. View quote
Edwin Lefèvre
As I have said a thousand times, no manipulation can put stocks down and keep them down. View quote
Edwin Lefèvre
There is no question that advertising is an art, and manipulation is the art of advertising through the medium of the tape. View quote
Edwin Lefèvre
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. View quote
Edwin Lefèvre
As a matter of fact I trade in accordance to my means and always leave myself an ample margin of safety. View quote
Edwin Lefèvre
The speculator is not an investor. View quote
Edwin Lefèvre
the public never is independently responsive to news. View quote
Edwin Lefèvre
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. View quote
Edwin Lefèvre
That is one trouble about trading on a large scale. You cannot sneak out as you can when you pike along. View quote
Edwin Lefèvre
The big money in booms is always made first by the public - on paper. And it remains on paper. (Edwin Lefèvre)
" I am carrying so much cotton that I can't sleep thinking about it. It is wearing me out. What can I do?" " Sell down to the sleeping point," answered the friend. View quote
Edwin Lefèvre
It didn't require a Sherlock Holmes to size up the situation. View quote
Edwin Lefèvre
To subordinate my judgment to his desires was the undoing of me. View quote
Edwin Lefèvre
Oh, Mr. Wolff, what do you think of Balzac? " Josh politely ceased to masticate, swallowed and answered, " I never trade them Curb stocks! View quote
Edwin Lefèvre