Be Patient
"It was never my thinking that made big money, it was my sitting. The big money is made in the waiting."
Patience, not intelligence, generates the biggest profits.
Read Full Analysis →Jesse Lauriston Livermore (July 26, 1877 – November 28, 1940) was an American stock trader considered one of the greatest traders in history. He made and lost several fortunes during his career, including famous profits during the 1907 and 1929 market crashes. Livermore began trading at age 14 in Boston bucket shops and developed his own methods for reading market...
"It was never my thinking that made big money, it was my sitting. The big money is made in the waiting."
Patience, not intelligence, generates the biggest profits.
Read Full Analysis →"Cut losses short and let profits run. Most traders do the opposite and wonder why they lose."
Most fail by cutting winners and holding losers.
Read Full Analysis →"In a world obsessed with quarterly results, patience is the ultimate competitive advantage. Great investments often take years to play out fully."
Patience is the ultimate competitive advantage.
Read Full Analysis →Jesse Livermore has 3 key principles on long-term investing. The most important one is "Be Patient" — It was never my thinking that made big money, it was my sitting.
Jesse Livermore applies long-term investing through several key principles including "Be Patient" and "Let Profits Run". These principles guide practical investment decisions and have been tested across decades of market cycles.
Jesse Livermore's approach to long-term investing is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, Jesse Livermore provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.