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It takes a man a long time to learn all the lessons of all of his mistakes. They say there are two
sides
to everything. But there is only one
side
to the stock market; and it is not the bull
side
or the bear
side
, but the right
side
. It took me longer to get that general principle fixed firmly in my mind than it did most of the more technical phases of the game of stock speculation.
Edwin Lefèvre
Quote of the day
The only justification for repressive institutions is material and cultural deficit. But such institutions, at certain stages of history, perpetuate and produce such a deficit, and even threaten human survival.
Noam Chomsky
Edwin Lefèvre
Born:
1871
Died:
1943
(aged 72)
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