It isn't as important to buy as cheap as possible as it is to buy at the right time.
Jesse LivermoreRead
There is only one side of the market and it is not the bull side or the bear side, but the right side.
Interpretation
The quote emphasizes the importance of making informed decisions based on analysis rather than simply following market trends.
Jesse Livermore suggests that true success in trading and investments comes from being on the 'right side' of the market, which requires understanding the underlying factors rather than just aligning with either bullish or bearish sentiments. This statement encourages individuals to focus on their own analysis and judgment rather than succumbing to popular market opinions.
In practice
Use this quote during a financial seminar to highlight the importance of informed investing.
It isn't as important to buy as cheap as possible as it is to buy at the right time.
There might have been a thousand people who had a better athletic feat than what I did. So for me, just the fact that they gave Canadian Athlete of the Year - and also, I was voted third in the Male Athlete of the Year - the fact that some people did consider what I did an athletic feat, that really makes me feel good.
We all make mistakes, but the people who thrive from their mistakes are the successful ones.
Don't worry; skills are cheap, passion is priceless. If you're passionate about your content and you know it and do it better than anyone else, even with few formal business skills you have the potential to create a million-dollar business.
The greatest achievement was, at first, and for a time, but a dream.
There's no shame in a bronze medal. I used to think that, and I'm so ashamed of thinking that because there's so much joy and hard work and love in this.
To create a market for your writing you have to be consistent, professional, a continuing writer - not just a one-article or a one-story or a one-book man.
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