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Jesse Lauriston Livermore Quotes: When everyone thinks alike, there isn't much thinking taking place. Get out when you can, not when you have to.
         

When everyone thinks alike, there isn't much thinking taking place. Get out when you can, not when you have to.


Jesse Lauriston Livermore
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"Jesse Lauriston Livermore Quotes." Quoteslyfe.com, 2024. Thu. 21 Nov. 2024. <https://www.quoteslyfe.com/quote/When-everyone-thinks-alike-there-isn-t-711608>.





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Other quotes of Jesse Lauriston Livermore


It never was my thinking that made the big money for me. It always was my sitting.

It never was my thinking that made the big money for me. It always was my sitting.



To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.

To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.



Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.

Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.



The stock market is never obvious. It is designed to fool most of the people, most of the time.

The stock market is never obvious. It is designed to fool most of the people, most of the time.



Men who can both be right and sit tight are uncommon.

Men who can both be right and sit tight are uncommon.



A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.

A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.



The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.



Every once in a while you must go to cash, take a break, take a vacation. Don't try to play the market all the time. It can't be done, too tough on the emotions.

Every once in a while you must go to cash, take a break, take a vacation. Don't try to play the market all the time. It can't be done, too tough on the emotions.



It isn't as important to buy as cheap as possible as it is to buy at the right time.

It isn't as important to buy as cheap as possible as it is to buy at the right time.



Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.

Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.





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It was not long before I discovered that withdrawing addicts lost their composure in exactly the same manner that careless millionaires lose their money: gradually, then suddenly.

It was not long before I discovered that withdrawing addicts lost their composure in exactly the same manner that careless millionaires lose their money: gradually, then suddenly.



Treasure the love you receive above all. It will survive long after your good health has vanished.

Treasure the love you receive above all. It will survive long after your good health has vanished.



Other people - they practice and they practice... these fingers of mine, they got brains in 'em. You don't tell them what to do - they do it. God given talent.

Other people - they practice and they practice... these fingers of mine, they got brains in 'em. You don't tell them what to do - they do it. God given talent.



Nothing in this low and ruined world bears the meek impress of the Son of God so surely as forgiveness.

Nothing in this low and ruined world bears the meek impress of the Son of God so surely as forgiveness.



For every role you get, there are five roles that you don't.

For every role you get, there are five roles that you don't.



When people see the Cubevision logo, they should know it's something good, something worth checking out.

When people see the Cubevision logo, they should know it's something good, something worth checking out.



I know we play a part in the story of progressive music, but for us those influences are the real fathers, the ones that we were interested in.

I know we play a part in the story of progressive music, but for us those influences are the real fathers, the ones that we were interested in.



What yesterday was still religion is no longer such today; and what today is atheism, tomorrow will be religion.

What yesterday was still religion is no longer such today; and what today is atheism, tomorrow will be religion.



An artist should let his style evolve naturally, spontaneously.

An artist should let his style evolve naturally, spontaneously.



Your negative actions will always speak over top of your kind words and only fools listen where the wise watch.

Your negative actions will always speak over top of your kind words and only fools listen where the wise watch.




Quote Description


This page presents the quote "When everyone thinks alike, there isn't much thinking taking place. Get out when you can, not when you have to.". Author of this quote is Jesse Lauriston Livermore. This quote is about thinking, can not,.