The speculator is not an investor. - Edwin Lefèvre

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The speculator is not an investor.

Edwin Lefèvre

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About Edwin Lefèvre

Edwin Lefèvre (1871–1943) was an American journalist, writer, and diplomat most remembered today for his writings about Wall Street.

Alternative Names: Edwin Lefevre

Originators like Edwin Lefèvre:

History repeats itself all the time on Wall Street.

In fact, of all hoodoos in Wall Street I think the resolve to induce the stock market to act as a fairy godmother is the busiest and most persistent.

People who look for easy money invariably pay for the privilege of proving conclusively that it cannot be found on this sordid earth.