A Quote by Jesse Lauriston Livermore

A prudent speculator never argues with the tape.  Markets are never wrong, opinions often are. — © Jesse Lauriston Livermore
A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.
It is easy for us to tarnish God's character because He never argues back; He never tries to defend or vindicate himself.
Trading has taught me not to take the conventional wisdom for granted. What money I made in trading is testimony to the fact that the majority is wrong a lot of the time. The vast majority is wrong even more of the time. I've learned that markets, which are often just mad crowds, are often irrational; when emotionally overwrought, they're almost always wrong.
I never minded giving my opinions. They are just opinions, and I had studied music and I had strong feelings. I was happy for my opinions to join all the other opinions. But you have to be prepared for what comes back, especially if you don't agree with the dominant mythology.
To me, the "tape" is the final arbiter of any investment decision. I have a cardinal rule: Never fight the tape!
An intelligent person may be wrong sometimes, but a fool is never wrong. The medical profession is never wrong.
Very often when I go in to meet for movies or pilots, I'm put on videotape. I hate the notion that that tape is going to sit on a shelf and never get better.
My mother always taught me, even my dad, just never let other people's opinions of you shape your opinion of yourself. And I never have and I never will.
Popular opinions, on subjects not palpable to sense, are often true, but seldom or never the whole truth.
The way I photograph... in many ways it's directed by chance and all my mistakes, which are often the best stuff. I found that no matter if it's the same tape, the same TV, and the same camera, I can never duplicate an image... your arm jiggles, there's just too much chance. And I never put it on pause, or use any of that fancy equipment.
Observe it, the vulgar often laugh, but never smile, whereas well-bred people often smile, and seldom or never laugh. A witty thing never excited laughter, it pleases only the mind and never distorts the countenance.
This is a shining example of never quit, never give up, & never say never. I proved everyone wrong.
One of the greatest struggles of bureaucracies is they get built and created, but they design themselves in such a way that they can never be at fault. They can never be wrong, they can never have made a mistake and they never want to relent.
I never have any idea how my opinions will be received, and more often than not I'm surprised when anything I say is controversial.
He that never changes his opinions, never corrects his mistakes, will never be wiser on the morrow than he is today.
At no time in our lives has the media ever acknowledged they were wrong about anybody. They have never felt the need to apologize for getting something terribly wrong. They have never, after trying to character assassinate people, apologized for doing it when shown they're wrong.
It's not wrong to be upset. It's not wrong to cry. It's not wrong to want attention. It's not even wrong to scream or throw a fit. What is wrong is to keep it all inside. What is wrong is to blame and punish yourself for simply being human. What is wrong is to never be heard and to be alone in your pain. Share it. Let it out.
This site uses cookies to ensure you get the best experience. More info...
Got it!