I’m going to start today’s Wealth Advisory with a rather long quote from “Reminiscences of a Stock Operator,” the famous fictional biography of Jesse Livermore. This passage is rarely mentioned, but I think it’s one of most important in the book. Here we go: “I sometimes think that speculation must be an unnatural sort of business, because I find that the average speculator has arrayed against him his own nature. The weaknesses that all men are prone to are fatal to success in speculation–usually those very weaknesses that make him likable to his fellows or that he himself particularly...