Chapter I, p. 2
“
A battle goes on in the stock market and the tape is your telescope. You can depend upon it seven out of ten cases.
— Edwin Lefèvre
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "A battle goes on in the stock market and the tape is your telescope. You can depend upon it seven out of ten cases." in the context of "Chapter I, p. 2" to mean that wisdom is timeless.
Source: Wikiquote: "Edwin Lefèvre" (Quotes, Reminiscences of a Stock Operator (1923))
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
About Edwin Lefèvre
Edwin Lefèvre (1871–1943) was an American journalist, writer, and diplomat most remembered today for his writings about Wall Street.
About Edwin Lefèvre
Edwin Lefèvre (1871–1943) was an American journalist, writer, and diplomat most remembered today for his writings about Wall Street.
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