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.”
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.
Admit error and act accordingly.
Themes
Mood
Type
When to use this quote
- trading
- leadership
- personal development
Key Concepts
Questions to Reflect On
- What steps help you recognize being wrong?
- How do you ensure you stop repeating mistakes?
Pride may keep you stuck in error.