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I was utterly free of speculative prejudices. The bear…

“I was utterly free of speculative prejudices. The bear side doesn't appeal to me any more than the bull side, or vice versa. My one steadfast prejudice is against being wrong.” quote by Jesse Lauriston Livermore
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“I was utterly free of speculative prejudices. The bear side doesn't appeal to me any more than the bull side, or vice versa. My one steadfast prejudice is against being wrong.”

Jesse Lauriston Livermore

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

The speaker rejects bias toward market trends, focusing instead on the prejudice of being wrong, emphasizing humility in speculation.

In simple terms: Avoid bias, fear being wrong.

Key Takeaway

Prioritize accuracy over speculation.

Themes

bias speculation humility

Mood

analytical cautious

Type

financial philosophical

When to use this quote

  • trading
  • investment analysis
  • risk management

Key Concepts

finance decision making

Questions to Reflect On

  • How do you handle being wrong?
  • What checks prevent bias?
A Different Perspective

Fear of error may cause indecision.

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