Bogdan Guranda

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“I quite cold-bloodedly reached the conclusion that I would never be able to accomplish anything useful so long as I was worried.”
Edwin Lefèvre, Reminiscences of a Stock Operator

“But the average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think. It is too much bother to have to count the money that he picks up from the ground.”
Edwin Lefèvre, Reminiscences of a Stock Operator

“One of the most helpful things that anybody can learn is to give up trying to catch the last eighth—or the first. These two are the most expensive eighths in the world. They have cost stock traders, in the aggregate, enough millions of dollars to build a concrete highway across the continent.”
Edwin Lefèvre, Reminiscences of a Stock Operator

“If instead it reacted it meant that precedents had failed me and I was wrong; and the only thing to do when a man is wrong is to be right by ceasing to be wrong.”
Edwin Lefèvre, Reminiscences of a Stock Operator

“A man has to have experience and he has to pay for it.”
Edwin Lefèvre, Reminiscences of a Stock Operator

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