"The speculator is not an investor."

Edwin Lefèvre Politics See all quotes by Edwin Lefèvre →

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More by Edwin Lefèvre

“As I have said a thousand times, no manipulation can put stocks down and keep them down.”

“When you find that it fails to respond adequately to your buying you don't need any better tip to sell.”

“People who look for easy money invariably pay for the privilege of proving conclusively that it cannot be found on this sordid earth.”

“Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street.”

“As a matter of fact I trade in accordance to my means and always leave myself an ample margin of safety.”

“TIPS! How people want tips! They crave not only to get them but to give them.”

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