“There is nothing like losing all you have in the world for teaching you what not to do. And when you know what not to do in order not to lose money, you begin to learn what to do in order to win. Did you get that? You begin to learn!”

—  Edwin Lefèvre , book Reminiscences of a Stock Operator

Source: Reminiscences of a Stock Operator (1923), Chapter IV, p. 51

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Edwin Lefèvre 28
American journalist 1871–1943

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