Jesse Livermore: Stock Tips Versus My Call

Posted by admin on Wednesday, May 25, 2016

Jesse Livermore Money Quote saying compared to taking advice on investments, personal judgement beats the tipsters. Jesse Livermore said:
 

 

“I know from experience that nobody can give me a tip or series of tips that will make more money for me than my own judgment” — Jesse Livermore

 

 

In this quote, Jesse Livermore is expressing confidence in his own ability to make investment decisions based on his judgment rather than taking tips from others. As a legendary Wall Street trader, Livermore seems to be saying that no one can provide him with tips or advice that will generate better returns than relying on his own analysis and decision-making skills.

He implies that when it comes to the highly subjective task of assessing financial markets and opportunities, an individual’s own judgment, experience and intuition are superior to following tips from any other source. Livermore appears to believe strongly in independently assessing information and relying on his self-developed trading acumen rather than being influenced by the suggestions of others, no matter who they are.

Birthday: July 26, 1877 – Death: November 28, 1940

Categories: investment Tagged:jesse livermore