Bear Market
?It never was my thinking that made the big money for me. It always was my sitting. Got that My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. Ive known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine – that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.? ? Legendary speculator Jesse Livermore, ?Reminiscences of a Stock Operator? by Edwin Lefevre, 1923
Edwin Lefevre?s famous ?Reminiscences of a Stock Operator? book, a thinly disguised biography of legendary speculator Jesse Livermore in the early 20th century, is required reading for every serious speculator and trader. Lefevre?s masterpiece documents the incredible life of Jesse Livermore and is chock full of amazing market wisdom gleaned through Livermore?s hard-won life lessons learned by winning and losing real money.
?Worth? magazine once called Lefevre?s 1923 book one of the four greatest investment classics of all time.
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