A Quote by Jesse Lauriston Livermore
Never buy at the bottom, and always sell too soon.
Related Quotes
Don't try to buy at the bottom and sell at the top. It can't be done except by liars.
The wisest rule in investment is: when others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don't, so we buy. Then people start selling, panic sets in, and we sell too.
Number one, you can sell before you buy. I call it reverse e-commerce. You take a picture, you list it for sale, you sell it, you collect the revenue, then you go buy it and send it to the customer.
We also never undercut representatives' prices. A representative will always be able to sell the discounts in our core business, which are not offered at retail. So it's never more advantageous to buy there.
Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
I always say, 'What if you had to sell the house tomorrow?' And if it's too idiosyncratic, someone won't buy it and then it's a bad house.
There is such a thing as tempting the gods. Talking too much, too soon and with too much self-satisfaction has always seemed to me a sure way to court disaster. The forces of retribution are always listening. They never sleep.
The bottom feeders of the entertainment industry were never invited to presidential inaugurations. The bottom feeders of the entertainment were never used as fundraisers for presidents of the United States. They were ignored. There was always a line. They were always there, and they were always who they were, and they always did what they did. The bottom feeders have now become the standard. That's what's different.
I always write stories, and I write poems, too. I just never sell them to anybody, but I write them. They're good, too. They never leave the house. They're too disclosing.
I regularly buy and sell cars, but I do not buy and sell fleets.
We buy and sell goods. We buy low and sell higher - that's what we all do to make a profit. But I consider a merchant someone who has a certain intuition and instinct, and - very important - knows how to run a business, knows the numbers.
You cannot do a kindness too soon, for you never know how soon it will be too late.
It never ceases to amaze me that companies will spend thousands of hours and millions of dollars teaching people 'how to sell,' and not one minute or not $10 on 'why they buy.' And 'why they buy' is all that matters.
I don't really know what 'selling out' is exactly. I would sell out if I could, but nobody's buying it. I would love to go mainstream, but my comedy is too edgy. It's always too dirty. It's always too filthy. I'm dying to sell out. But I love doing comedy, I love touring, and I think I would do everything for free.
Pretty soon I may have to go back to Canada and buy that lumberyard I've always wanted. I'll probably sell some lumber, bring in some lumber... look at exploiting that lumber somehow. I'm not very schooled in it, but being an actor I feel that I have a keen sensibility with regard to the world of lumber because those two businesses are so similar.
I don't think there's such a thing as falling in love too easily or falling too fast. Or loving someone too soon or trusting someone too soon... I've never treated two relationships the same. Some people move you and some people don't.
Related Authors
Jeff Yass Quotes
American
Trader
Jerome Kerviel Quotes
French
Trader
Linda Bradford Raschke Quotes
American
Trader
