Bears Quote by Jesse Lauriston Livermore
“Most people, whether bull or bear, when they are right, are right for the wrong reason, in my opinion.”
About This Quote
Success can be achieved for the wrong reasons, leading to misguided confidence.
In simple terms: Being right for the wrong reasons is problematic.
Key Takeaway
Seek correct motivations.
Themes
finance
decision‑making
psychology
Mood
analytical
cautious
Type
financial
philosophical
When to use this quote
- trading
- investment strategy
- leadership decisions
Key Concepts
moral reasoning
cognitive bias
Questions to Reflect On
- What drives your decisions?
- How do you evaluate the ethics of your choices?
A Different Perspective
Correct reasons are essential for lasting success.
![“The rationale which accompanies that imposition of male authority euphemistically referred to as 'the battle of the sexes' bears a certain resemblance to the formulas of nations at war, where any heinousness is justified on the grounds that the enemy is either an inferior [part of the] species or…” quote by Kate Millett](https://sms4smile.com/quotes/img-quotes/895/kate-millett-7301_accompany_the-rationale-which-accompanies-that-imp_8896.jpg)
