Al-Warraq Library

Home / Politics & Economics / Reminiscences of a Stock Operator

Politics & EconomicsReminiscences of a Stock OperatorEdwin LefevreReminiscences of a Stock Operator

Reminiscences of a Stock Operator

Edwin Lefevre

Politics & EconomicsEnglish
Read the bookGutenberg book pageInternet Archive

Al-Warraq Library does not host book files; it takes you to the copy at the original source. Public-domain status differs from country to country, so check the law where you live before downloading or republishing the book. Do you hold rights in this work? Request its removal

Larry Livingston starts work at fourteen chalking up stock prices in a Boston brokerage office and discovers that he can read patterns in the numbers. He…

Catalogue details

Author
Edwin Lefevre
Category
Politics & Economics
Language
English
Source
Project Gutenberg

About this book

Larry Livingston starts work at fourteen chalking up stock prices in a Boston brokerage office and discovers that he can read patterns in the numbers. He makes his first fortune in the 'bucket shops', gambling dens where people bet on price movements, until they ban him, and then moves to Wall Street, where he makes and loses several fortunes, learning painful lessons about patience, the crowd, his own hopes and fears, and the danger of taking tips. 'There is nothing new in Wall Street,' he concludes, because human nature never changes.

Context and significance

Edwin Lefèvre (1871–1943), a financial journalist, published the book in 1923 as a thinly disguised biography of the famous speculator Jesse Livermore, and it is still one of the most recommended books among traders. It reads like a novel. For the history of earlier manias, read Mackay's Extraordinary Popular Delusions and the Madness of Crowds.

Similar books