--- title: "Meaning & Key Takeaway of: After spending many years in Wall Street…" description: "\"After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made th..." image: "https://sms4smile.com/quotes/i/b5a/jesse-livermore-104046_money_after-spending-many-years-in-wall-street_1966223.jpg" --- # After spending many years in Wall Street and after making… ![“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting.” quote by Jesse Livermore](https://sms4smile.com/quotes/i/b5a/jesse-livermore-104046_money_after-spending-many-years-in-wall-street_1966223.jpg) [Download](https://sms4smile.com/quotes/i/b5a/jesse-livermore-104046_money_after-spending-many-years-in-wall-street_1966223.jpg) [Open image](https://sms4smile.com/quotes/i/b5a/jesse-livermore-104046_money_after-spending-many-years-in-wall-street_1966223.jpg) > “After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting.” Jesse Livermore ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Success in finance stems from patient observation, not just thinking; sitting and waiting yields profit. **In simple terms:** Patience and observation bring wealth. Key Takeaway Practice disciplined waiting in markets. Themes finance patience observation wealth creation Mood patient analytical Type financial reflective When to use this quote - trading - market analysis - risk management Key Concepts investment strategy behavioral finance Questions to Reflect On - When does patience become missed opportunity? - How to balance analysis with action? ★ ★ ★ ★ ★ No ratings yet [Money](https://sms4smile.com/quotes/about/money/) [Wall St](https://sms4smile.com/quotes/about/wall-st/) [Wall street](https://sms4smile.com/quotes/about/wall-street/) ## Related quotes > [After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was…](https://sms4smile.com/quotes/jesse-lauriston-livermore/after-spending-many-years-in-wall-street-and-after-making-and-losing/) [Jesse Lauriston Livermore](https://sms4smile.com/quotes/author/jesse-lauriston-livermore/) > [It never was my thinking that made the big money for me. It always was my sitting.](https://sms4smile.com/quotes/jesse-lauriston-livermore/it-never-was-my-thinking-that-made-the-big-money-for-me-it-always-was/) [Jesse Lauriston Livermore](https://sms4smile.com/quotes/author/jesse-lauriston-livermore/) > [It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!](https://sms4smile.com/quotes/edwin-lefevre/it-never-was-my-thinking-that-made-the-big-money-for-me-it-was-always/) [Edwin Lefevre](https://sms4smile.com/quotes/author/edwin-lefevre/) > [“Because of Face book, Twitter, MySpace and Stumble Upon, the Home Shopping Network is probably losing millions of dollars.”](https://sms4smile.com/quotes/stanley-victor-paskavich/because-of-face-book-twitter-myspace-and-stumble-upon-the-home/) [Stanley Victor Paskavich](https://sms4smile.com/quotes/author/stanley-victor-paskavich/) > [I know you smell this money, sitting on this throne, bitch.](https://sms4smile.com/quotes/p-diddy/i-know-you-smell-this-money-sitting-on-this-throne-bitch/) [P Diddy](https://sms4smile.com/quotes/author/p-diddy/) > [There's no money in sitting around doing nothing. That's like playing basketball without shooting and expect to win.](https://sms4smile.com/quotes/g-fwea-d/there-s-no-money-in-sitting-around-doing-nothing-that-s-like-playing/) G-Fwea D > [Money is made by sitting, not trading.](https://sms4smile.com/quotes/jesse-lauriston-livermore/money-is-made-by-sitting-not-trading/) [Jesse Lauriston Livermore](https://sms4smile.com/quotes/author/jesse-lauriston-livermore/) > [It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is…](https://sms4smile.com/quotes/edwin-lefevre/it-never-was-my-thinking-that-made-the-big-money-for-me-it-always-was-2/) [Edwin Lefevre](https://sms4smile.com/quotes/author/edwin-lefevre/) > [What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory…](https://sms4smile.com/quotes/bernie-sanders/what-wall-street-and-credit-card-companies-are-doing-is-really-not/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [The reason we have not gone to newspapers is because its a slow growth industry and I think they are dying. I'm not sure…](https://sms4smile.com/quotes/sumner-redstone/the-reason-we-have-not-gone-to-newspapers-is-because-its-a-slow/) [Sumner Redstone](https://sms4smile.com/quotes/author/sumner-redstone/) > [After I finished college, I got a job on Wall Street as a derivatives trader, but after a couple years of it, I was…](https://sms4smile.com/quotes/philipp-meyer/after-i-finished-college-i-got-a-job-on-wall-street-as-a-derivatives/) [Philipp Meyer](https://sms4smile.com/quotes/author/philipp-meyer/) > [When the only people in mainstream discourse who care about the working class are Wall Street investors, it really is time to ask where…](https://sms4smile.com/quotes/timothy-noah/when-the-only-people-in-mainstream-discourse-who-care-about-the/) [Timothy Noah](https://sms4smile.com/quotes/author/timothy-noah/) > [I say this about everything: when I was on 'Neighbours,' I said, 'These are the best years of my life!' When I was filming…](https://sms4smile.com/quotes/margot-robbie/i-say-this-about-everything-when-i-was-on-neighbours-i-said-these-are/) [Margot Robbie](https://sms4smile.com/quotes/author/margot-robbie/) > [“I had come to Boyne City because I have always been drawn to nature's secrets more than to, say Hollywood's secrets or the secrets…](https://sms4smile.com/quotes/langdon-cook/i-had-come-to-boyne-city-because-i-have-always-been-drawn-to-nature-s/) Langdon Cook > [If Wall Street crashes, does Main Street follow? Not necessarily.](https://sms4smile.com/quotes/ben-bernanke/if-wall-street-crashes-does-main-street-follow-not-necessarily/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) ## More by Jesse Livermore > [There is only one side of the market and it is not the bull side or the bear side, but the right side.](https://sms4smile.com/quotes/jesse-livermore/there-is-only-one-side-of-the-market-and-it-is-not-the-bull-side-or/) Jesse Livermore Explore all 2 Jesse Livermore quotes ## More Money quotes > [You've got to tell your money what to do or it will leave.](https://sms4smile.com/quotes/dave-ramsey/you-ve-got-to-tell-your-money-what-to-do-or-it-will-leave/) [Dave Ramsey](https://sms4smile.com/quotes/author/dave-ramsey/) > [Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.](https://sms4smile.com/quotes/rupert-murdoch/don-t-let-s-lose-sight-of-what-creates-wealth-it-is-open-markets-it/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [If I had a dollar for every time I couldn’t sleep, I could buy a billion locks and finally read a book in peace.](https://sms4smile.com/quotes/aesop-rock/if-i-had-a-dollar-for-every-time-i-couldn-t-sleep-i-could-buy-a/) [Aesop Rock](https://sms4smile.com/quotes/author/aesop-rock/) > [Money is the kind of instrument which is very speedily produced.](https://sms4smile.com/quotes/anatoly-chubais/money-is-the-kind-of-instrument-which-is-very-speedily-produced/) [Anatoly Chubais](https://sms4smile.com/quotes/author/anatoly-chubais/) > [I would borrow money all day long, if the cost of borrowing is less than the expected return.](https://sms4smile.com/quotes/brad-schneider/i-would-borrow-money-all-day-long-if-the-cost-of-borrowing-is-less/) [Brad Schneider](https://sms4smile.com/quotes/author/brad-schneider/) > [If you restore a car, and you're making money, then you're doing it wrong.](https://sms4smile.com/quotes/jay-leno/if-you-restore-a-car-and-you-re-making-money-then-you-re-doing-it/) [Jay Leno](https://sms4smile.com/quotes/author/jay-leno/) > [Maybe you can,t buy a big house.. A new car.. A huge diamond ring.. But if you have just one true friend who loves…](https://sms4smile.com/quotes/cathy/maybe-you-can-t-buy-a-big-house-a-new-car-a-huge-diamond-ring-but-if/) Cathy > [“Don't allow money to become the yardstick by which you measure the worth of the world around you!”](https://sms4smile.com/quotes/andrew-james-pritchard/don-t-allow-money-to-become-the-yardstick-by-which-you-measure-the/) [Andrew James Pritchard](https://sms4smile.com/quotes/author/andrew-james-pritchard/) > [Academically, I was never that interested. I skipped classes. My biggest dream was to have a coffee shop, but I had no idea how…](https://sms4smile.com/quotes/daniel-espinosa/academically-i-was-never-that-interested-i-skipped-classes-my-biggest/) [Daniel Espinosa](https://sms4smile.com/quotes/author/daniel-espinosa/) > [Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term…](https://sms4smile.com/quotes/barry-ritholtz/amongst-the-financial-twitterati-the-term-muppets-has-come-to/) [Barry Ritholtz](https://sms4smile.com/quotes/author/barry-ritholtz/) > [I doubt that we Americans can come to terms with our money neuroses without understanding the more florid pathology of the very rich for…](https://sms4smile.com/quotes/philip-slater/i-doubt-that-we-americans-can-come-to-terms-with-our-money-neuroses/) [Philip Slater](https://sms4smile.com/quotes/author/philip-slater/) > [“The writer must earn money in order to be able to live and to write, but he must by no means live and write…](https://sms4smile.com/quotes/jeff-goins/the-writer-must-earn-money-in-order-to-be-able-to-live-and-to-write/) [Jeff Goins](https://sms4smile.com/quotes/author/jeff-goins/) > [Jobs and money are never the primary cause of stress. Thinking, negative thinking causes stress. The real cause of all problems lie in our…](https://sms4smile.com/quotes/bob-proctor/jobs-and-money-are-never-the-primary-cause-of-stress-thinking/) [Bob Proctor](https://sms4smile.com/quotes/author/bob-proctor/) > [Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is…](https://sms4smile.com/quotes/peter-schiff/most-paper-money-initially-existed-as-a-substitute-for-gold-that-s/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [The man who works for the gold in the job rather than for the money in the pay envelope, is the fellow who gets…](https://sms4smile.com/quotes/joseph-french-johnson/the-man-who-works-for-the-gold-in-the-job-rather-than-for-the-money/) Joseph French Johnson [Browse all 45,172 Money quotes ](https://sms4smile.com/quotes/about/money/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. 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