Bigger Quote by Jesse Lauriston Livermore
“Instead of hoping he must fear and instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit.”
About This Quote
Describes the interplay of fear and hope in risk, suggesting both emotions drive decision‑making.
In simple terms: Fear and hope both influence choices.
Key Takeaway
Balance fear and hope in decisions.
Themes
risk
emotion
decision‑making
finance
Mood
analytical
cautious
Type
financial
motivational
When to use this quote
- investing
- career planning
- personal finance
- entrepreneurship
Key Concepts
psychology
economics
behavioral finance
Questions to Reflect On
- How do you measure fear versus hope?
- What strategies temper emotional bias?
A Different Perspective
Overreliance on hope can cause reckless risk.
![“Their [the U.S.’s] defense budget in absolute figures is almost 25 times bigger than Russia’s. This is what in defense is referred to as ‘their home — their fortress.’ And good for them, I say. Well done!” quote by Vladimir Putin](https://sms4smile.com/quotes/img-quotes/ec3/vladimir-putin-261_absolutes_their-the-u-s-s-defense-budget-in-absolu_10791.jpg)
