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Men Quote by Jesse Lauriston Livermore

“The only thing to do when a man is wrong is to be right by ceasing to be wrong.” quote by Jesse Lauriston Livermore
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“The only thing to do when a man is wrong is to be right by ceasing to be wrong.”

Jesse Lauriston Livermore

About This Quote

Source Book: Reminiscences of a Stock Operator, 1923

When you realize you’re wrong, correct yourself by stopping the error, not just defending it.

In simple terms: Fix mistakes by changing behavior.

Key Takeaway

Admit error and act accordingly.

Themes

self‑correction error learning humility decision‑making

Mood

reflective practical

Type

psychological self‑improvement

When to use this quote

  • trading
  • leadership
  • personal development

Key Concepts

cognitive bias behavioral change personal growth

Questions to Reflect On

  • What steps help you recognize being wrong?
  • How do you ensure you stop repeating mistakes?
A Different Perspective

Pride may keep you stuck in error.

2.6 out of 5 (6 ratings)

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