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30 Aug 2016

The Wisdom of Great Investors: Part 3 of 6- Be patient

Jesse Livermore (1877–1940) was a 20th century stock trader made famous for making, losing and then making several millions of dollars and for short selling during the stock market crashes in 1907 and 1929.

Jesse Livermore wrote ‘How to trade in stocks’ which was published in 1940.

One of Jesse Livermore’s great quotes is that…“The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.”

 

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