Edwin Lefèvre’s Reminiscences of a Stock Operator is a fictionalized autobiography based on the life of Jesse Livermore (1877-1940) 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 today’s 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 Livermore’s 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.
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CONTENTS
Chapter I 1
Chapter II 12
Chapter III 25
Chapter IV 33
Chapter V 47
Chapter VI 58
Chapter VII 67
Chapter VIII 73
Chapter IX 85
Chapter X 100
Chapter XI 112
Chapter XII 123
Chapter XIII 137
Chapter XIV149
Chapter XV 164
Chapter XVI172
Chapter XVII186
Chapter XVIII199
Chapter XIX206
Chapter XX 217
Chapter XXI223
Chapter XXII237
Chapter XXIII255
Chapter XXIV265
An Illustrated Life of Jesse Lauriston Livermore270
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Edwin Lefèvre (1871-1943) 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 Lefèvre’s first short stories were published under the title, Wall Street Stories (1901), which were followed by several novels about money and finance. Lefèvre was appointed an Ambassador of the United States by President Howard Taft in 1909, serving in posts in Italy, France, and Spain. In 1913, Lefévre returned to his home in Vermont where he resumed writing novels and contributing short stories for magazines such as The Saturday Evening Post and Mc Clure’s.