More Market Wisdom: Jesse Livermore Part 2 | Crypto Craft

  • More Market Wisdom: Jesse Livermore Part 2

    From realinvestmentadvice.com

    In Part One, we shared some market wisdom from one of the greatest traders, Jessie Livermore. While Livermore’s name is not always mentioned alongside other great investors and analysts, such as Warren Buffett and Peter Lynch, his sage advice is priceless. Interestingly, much of what Livermore teaches his readers runs counter to what Warren Buffett and Peter Lynch preach to investors. This is likely because Buffett and Lynch are more fundamentally grounded, while Livermore was a much more market technical analyst who acutely understood his behavioral flaws and those of competing investors. While we should respect ... (full story)

Comment Options
dchristi
12 hr ago
Permalink
Jesse Livermore ended his own life, penniless. His suicide note, to his wife, read: "My dear Nina: Can't help it. Things have been bad with me. I am tired of fighting. Can't carry on any longer. This is the only way out. I am unworthy of your love. I am a failure. I am truly sorry, but this is the only way out for me. Love Laurie".

I know that some of his market advice is valuable, but it's worth taking with a grain of salt.
Reply

  • Related Stories

BoE's Bailey: Decision not to raise rates was based on a softening economy; rate cuts off the table at the moment
From @financialjuice | 20 hr ago | 74 comments
BoE's Bailey: Decision not to raise rates was based on a softening economy BAILEY: RATE CUTS OFF THE TABLE AT THE MOMENT BoE Gov. Bailey: We have a delayed reaction mechanism to energy prices. BoE Gov. Bailey: Can argue policy has been tightened
Manufacturing PMI® at 53.3%; June 2026 ISM® Manufacturing PMI® Report
From prnewswire.com | 19 hr ago | 61 comments
Economic activity in the manufacturing sector expanded in June for the sixth consecutive month, say the nation's supply executives in the latest ISM® Manufacturing PMI® Report. The report was issued today by Susan Spence, MBA, Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee. "The Manufacturing PMI® registered ...
US Dollar Falls Nearly 1% Against Yen in Sudden Swing Before Bouncing Back
From @FirstSquawk | 2 hr 32 min ago | 62 comments
Dollar Falls Nearly 1% Against Yen in Sudden Swing Before Bouncing Back
  • Story Stats