Reminiscences of a Stock Operator (Illustrated Edition)

by Edwin Lefèvre

There is nothing like losing all you have in the world for teaching you what not to do. And when you know what not to do in order not to lose money, you begin to learn what to do in order to win. Did you get that? You begin to learn!

The game of beating the market exclusively interested me from ten to three every day, and after three, the game of living my life.

And when you are as old as I am and you've been through as many booms and panics as I have, you'll know that to lose your position is something nobody can afford; not even John D. Rockefeller. I