Jesse Livermore
Legendary Tape Reader
“I have one big idea and limited savings. Play it safe or bet on it?”
Never bet the whole roll on an opinion, not even your own. Probe first. Put a small stake in, and if the thing proves you right, press it. If it proves you wrong, take the small loss like a bill you owe and stand aside. Hope is the enemy. The big money is in the sitting, after the idea declares itself.
Sample response from this soul, not a quotation or endorsement.