Reminiscences of a Stock Operator (Warbler Classics)

Edwin Lefvres Reminiscences of a Stock Operator is a fictionalized autobiography based on the life of Jesse Livermore (18771940) who was a pioneer of day trading and one of the greatest investors of all time. At his peak in 1929, Livermore was worth $100 million, which in todays dollars roughly equates to $1.5 billion, making him one of the richest people in the world at that time. The book, which began as a series of articles published during 1922 and 1923 in The Saturday Evening Post, tells the story of Livermores progression from day trading in the then so-called bucket shops to market speculator, market maker, and market manipulator to Wall Street Boy Plunger where he won and lost tens of millions of dollars. This classic of American business writing continues to offer sharp insights into the art and psychology of trading and speculation. It is one of the most widely read, highly recommended investment books of all time. This Warbler Classics edition includes an illustrated life of Jesse Livermore. Edwin Lefvre (18711943) was an American journalist, writer, and diplomat who is most noted for his writings about Wall Street, most notably Reminiscences of a Stock Operator (1923). He began his career as a journalist and eventually became a stockbroker as well. Edwin Lefvres first short stories were published under the title, Wall Street Stories (1901), which were followed by several novels about money and finance. Lefvre was appointed an Ambassador of the United States by President Howard Taft in 1909, serving in posts in Italy, France, and Spain. In 1913, Lefvre returned to his home in Vermont where he resumed writing novels and contributing short stories for magazines such as The Saturday Evening Post and McClures. A must-read classic for all investors, whether brand-new or experienced. Investors Business Daily Although...first published some seventy years ago, its take on crowd psychology and market timing is as timely as last summers frenzy on the foreign exchange markets. Worth magazine