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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 Reminiscences of a Stock Operator (1923)

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More quotes by Edwin Lefèvre

When the man who ought to want a stock doesn't want it, why should I want it?

Reminiscences of a Stock Operator (1923)

People who look for easy money invariably pay for the privilege of proving conclusively that it cannot be found on this sordid earth.

Reminiscences of a Stock Operator (1923)

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.

Reminiscences of a Stock Operator (1923)

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

Reminiscences of a Stock Operator (1923)

As I have said a thousand times, no manipulation can put stocks down and keep them down.

Reminiscences of a Stock Operator (1923)

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Attribution

Quote text and notes from Wikiquote: Edwin Lefèvre (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.