Essay Database

“It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level …

…pleasant azure waves. Bulls, do your fundamental homework and carefully consider in your heart whether you truly believe this is the glorious birth of a great new bull market. Bears, have faith in your historical research and knowledge, patience in your trading, and courage in your convictions during these turbulent market times. As Jesse Livermore wisely noted, the “men who can both be right and sit tight” are uncommon, but they make the “big money”.