Reminiscences of a Stock Operator: The classic novel based on the life of legendary stock market speculator Jesse Livermore (Harriman Definitive Editions) - Hardcover

Edwin Lefevre

Hardcover

ISBN 10: 0857195948 ISBN 13: 9780857195944

Publisher: Harriman House Ltd, 2017

Synopsis

Reminiscences of a Stock Operator is the unforgettable story of the life of Jesse Livermore, one of Wall Street's greatest ever stock speculators.

Loosely fictionalised in 1923 in collaboration with journalist Edwin Lefevre, this is the story of the highs and the lows, the strategies and the street smarts, the epic wins (and sometimes epic losses) that has inspired generations of investors and traders.

This edition comes with an exclusive foreword by Tim Price, author of Investing Through the Looking Glass.

Harriman Definitive Editions offer the best quality editions of the best financial books of all time. Meticulously proofread, beautifully typeset in new designs, accompanied by forewords by the best modern financial writers, printed and bound in high-quality hardcovers on acid-free paper - they are essential long-term additions to the portfolio of every investor and trader.

About this title

Review:

Stock investing is a relatively recent phenomenon and the inventory of true classics is somewhat slim. When asked, people in the know will always list books by Benjamin Graham, Burton G Malkiel's A Random Walk Down Wall Street, and Common Stocks and Uncommon Profits and Other Writings by Philip A. Fisher. You'll know you're getting really good advice if they also mention Reminiscences of a Stock Operator by Edwin Lefèvre.

Reminiscences of a Stock Operator is the thinly disguised biography of Jesse Livermore, a remarkable character who first started speculating in New England bucket shops at the turn of the century. Livermore, who was banned from these shady operations because of his winning ways, soon moved to Wall Street where he made and lost his fortune several times over. What makes this book so valuable are the observations that Lefèvre records about investing, speculating, and the nature of the market itself. For example:

It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.

If you've ever spent weekends and nights puzzling over whether to buy, sell, or hold a position in whatever investment--be it stock, bonds, or pork bellies, you'll be glad that you read this book. Reminiscences of a Stock Operator is full of lessons that are as relevant today as they were in 1923 when the book was first published. --Harry C Edwards

Review:

"Simply a very well-written book and an engulfing story for anyone interested in the stock market" -Matt Koppenheffer, The Motley Fool "You'll be glad that you read this book." -Value Walk "Probably the single most important book on trading that exists" -Bill Bonner "...a fascinating and perceptive work for many reasons. Not only does it provide an interesting historical insight into the US stock market as it was during one of the most exciting times of the early 20th century, it also gives readers a lesson on trading psychology and how to make (and lose) money." --- Richard Gill, Master Investor

Probably the single most important book on trading that exists --Bill Bonner

You'll be glad that you read this book --ValueWalk

About this edition

• Publisher: Harriman House Ltd
• Publication date: 2017
• ISBN 10: 0857195948
• ISBN 13: 9780857195944
• Binding: Hardcover
• Number of pages: 410