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Many investing gurus quote ben Graham while many traders model themselves after Jesse Livermore.
This article linked below is a good read comparing investment styles of Benjamin Graham & trading of Jesse Livermore. Both had techniques which they recognised were no longer applicable due to changing circumstances, yet current gurus are still quoting bits of their theories as if these are cast in stone.
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Jesse made fortunes many times & lost them as many times. Finally he committed suicide and died broke.
I think the best approach is to stay humble & never stop learning.
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Tan Choong Hwee
24 Sep 2021
Investor/Trader at Home
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Ben Carlson spot on with his comparison of the 2 legends. Didn't know Ben Graham himself changed his view on securities analysis in later years.