First published in 1923, 'Reminiscences of a Stock Operator' is the most widely read, highly recommended investment book ever. Generations of readers have found that it has more to teach them about markets and people than years of experience. Among the most compelling and enduring pieces ever written on trading, the new Illustrated Edition brings this story to life like never before.

Although Reminiscences...was first published some seventy years ago, its take on crowd psychology and market timing is as timely as last summer's frenzy on the foreign exchange markets.―Worth magazine

The most entertaining book written on investing is Reminiscences of a Stock Operator, by Edwin Lefèvre, first published in 1923.―The Seattle Times

After twenty years and many re-reads, Reminiscences is still one of my all-time favourites.―Kenneth L. Fisher, Forbes

A must-read classic for all investors, whether brand-new or experienced.―William O'Neil, founder and Chairman, Investor's Business Daily

Whilst stock market tomes have come and gone, this remains popular and in print eighty years on.―GQ Magazine

2019 Reprint of 1923 Edition. First published in 1923, Reminiscences is a fictionalized account of the life of the securities trader Jesse Livermore. Despite the book's age, it continues to offer insights into the art of trading and speculation. In Jack Schwager's Market Wizards, many of the traders interviewed considered Reminiscences a major source of stock trading information for both experienced and new traders. The book tells the story of Livermore's progression from day trading in the then so-called New England bucket shops, to market speculator, market maker, and market manipulator, and finally to Wall Street where he made and lost his fortune several times over. Along the way, Livermore learns many lessons, which he happily shares with the reader. The Wall Street Journal described the book as a classic, it was ranked #15 on Fortune's 75 The Smartest Books We Know, and Alan Greenspan said it is a font of investing wisdom.

Facsimile of 1923 Edition. First published in 1923, Reminiscences is a fictionalized account of the life of the securities trader Jesse Livermore. Despite the book's age, it continues to offer insights into the art of trading and speculation. In Jack Schwager's Market Wizards, Reminiscences is quoted as a major source of stock trading learning material for experienced and new traders by many of the traders who Schwager interviewed. The book tells the story of Livermore's progression from day trading in the then so-called New England bucket shops, to market speculator, market maker, and market manipulator, and finally to Wall Street where he made and lost his fortune several times over. Along the way, Livermore learns many lessons, which he happily shares with the reader. The book is considered an investment classic.

Reminiscences of a Stock Operator is a 1923 roman à clef by American author Edwin Lefèvre. It is told in the first person by a character inspired by the life of stock trader Jesse Livermore up to that point.

The book can be divided into three parts:

1890-1910: Livermore was able to make easy money by taking advantage of the bid-ask spread on inactive stocks with leverage of 100-to-1 at bucket shops.

1910-1920: Livermore was a stock trader on the New York Stock Exchange, where he went boom and bust several times using high leverage.

1920s: Livermore engaged in market manipulation which was not illegal or without precedent then, charging fees of 25% of the market value of the manipulated stock. This was before the creation of the U.S. Securities and Exchange Commission in 1934.

In his 2008 book, The Age of Turbulence, Alan Greenspan called the book a font of investing wisdom and noted that quotes from the book such as bulls and bears make money; pigs get slaughtered are now adages.

A March 2005 article in Fortune listed it among The Smartest Books We Know about business.

In Market Wizards by Jack D. Schwager, many investors, including Richard Dennis, quoted the book as a major source of material on stock trading. (wikipedia.org)

About the author:

Edwin Lefèvre (1871-1943) was an American journalist, writer, and diplomat, who is most noted for his writings on Wall Street business.

Of the eight books written by Edwin Lefèvre, his Reminiscences of a Stock Operator is considered a classic of American business writing. The book began as a series of twelve articles published during 1922 and 1923 in The Saturday Evening Post. It is written as first-person fiction, telling the story of a professional stock trader on Wall Street. While published as fiction, generally, it is accepted to be the biography of stock market whiz, Jesse Livermore. The book has been reprinted in almost every decade since its original publication in 1925, the latest put out by John Wiley & Sons in hardcover and a paperback edition in 1994 that remains in print. It has been translated into the Chinese, German, French, Polish, and Italian languages, amongst others. A George H. Doran Company first edition, even in fair condition, may sell today for more than a thousand dollars. In December 2009, Wiley published an annotated edition that bridges the gap between Lefèvre's fictionalized account and the personalities, exploits, and locations that populate the book. Page margins notations in the 2009 edition explain the historical setting and the real companies, individuals, and news events to which Lefèvre alludes.

In 1925, Lefèvre authored a second book about a stock trader, a factual biography with the title The Making of a Stockbroker. This book was about John K. Wing, a senior partner of Bronson and Barnes, a major Boston stockbrokerage, whose approach to the business provided a contrast to that of Jesse Livermore, the veiled subject of his earlier book.

On his death in 1943 (aged 71-72), Edwin Lefèvre's estate in Dorset, Vermont (near Manchester) was passed to his widow. Built about 1820, it was the first home in the United States made with marble quarried right on the property. Their eldest son, Edwin Lefèvre, Jr. (b. 1902), who also worked on Wall Street, inherited the home and completely restored it in 1968 when he retired there. Now it is listed on the National Register of Historic Places. Their second son, Reid Lefèvre (b. 1904), was the founder of the traveling carnival known as the King Reid Show and a politician. He was elected to the Vermont General Assembly, serving as a member of the House of Representatives from 1947 to 1959 and the state Senate from 1961 to 1963. (wikipedia.org)

Larry Livingstone tiene una rara habilidad para prever el comportamiento de las cotizaciones de la Bolsa y el ansia de un especulador compulsivo. A los 15 a os gana sus primeros 1.000 d lares apostando a la Bolsa en el Boston de finales del siglo XIX. Pero su m todo no vale en la Bolsa de Nueva York, donde, con incombustible tozudez se arruina y enriquece sucesivamente.

Una fascinante mezcla de novela hist rica, econ mica y biogr fica, d nde aritm tica, dinero y dolce vita son lo mismo. Memorias de un operador de bolsa parte de una docena de art culos publicados por el periodista y escritor Edwin Lefevre en el Saturday Evening Post y narra en primera persona de vida de un operador de bolsa, basando su historia en el maestro de las finanzas Jesse Livermore.

These are no ordinary reminiscences a Wall Street broker--these are, according to many readers, the personal tales of legendary trader Jesse Livermore, the man often blamed for the stock market crash of 1929.

Written by American journalist, writer, and diplomat EDWIN LEF VRE (1871-1943), Livermore recounts his rise from quotation-board boy to master of the market. He tells of speculation and excitement, bad deals and blown fortunes. He offers advice that's still relevant today and recalls stories that educate readers more vividly and memorably than any textbook. He explains his theory of the market and how it can be played and exploited for gain. Overall, his stories explain what makes a stock operator tick, and why trading will always fascinate those who strive to conquer it.

Reminiscences of a Stock Operator--The Story of Jesse Livermore, Wall Street's Legendary Investor is one of the most important investment books ever written and a must-read for investors, traders, and students of economic history.

Reminiscences of a Stock Operator by Edwin Lefevre is a classic exploration of the highs and lows of financial markets, offering timeless insights into the psychology of trading and investing. Published in 1923, the book is a semi-autobiographical account of the legendary stock trader Jesse Livermore, capturing his journey from a young bucket shop speculator to one of Wall Street's most influential figures. Through vivid storytelling, it delves into the challenges of market speculation, the emotions that drive decisions, and the importance of discipline and risk management. Renowned for its wisdom and authenticity, the book continues to be a must-read for anyone interested in the art and science of trading.

The book began as a series of twelve articles published between 1922 and 1923 in The Saturday Evening Post. It is written as first-person fiction, telling the story of a professional stock trader on Wall Street. While published as fiction, it is generally accepted to be the biography of stock market whiz Jesse Livermore.

Known by such nicknames such as Boy Plunger, the Great Bear or The Wall Street Wonder and the Cotton King. Livermore both made, and subsequently lost, four multi-million dollar fortunes during his career as a speculator, which lasted over three decades. Livermore was an early starter. He went to work at age 16 as a stock quotation boy for a local firm. He must have found his calling early as numbers came very easy for him and he must have had a great, almost perfect memory recall to remember earlier days activities.He finished 4 years of math in one while working as a quote boy at the local Broker's office. This is a classic book on Livermore, a fictionalized but true life story of a man who shorted Wall Street in 1929.As a very secretive person he remained a personal and business enigma to many. People have tried to emulate his trading stile and this special edition attempts to shed some lights of the men and his style of speculating.

Larry Livingstone tiene una rara habilidad para prever el comportamiento de las cotizaciones de la Bolsa y el ansia de un especulador compulsivo. A los 15 años gana sus primeros 1.000 dólares apostando a la Bolsa en el Boston de finales del siglo XIX. Pero su método no vale en la Bolsa de Nueva York, donde, con incombustible tozudez se arruina y enriquece sucesivamente.

Una fascinante mezcla de novela histórica, económica y biográfica, dónde aritmética, dinero y dolce vita son lo mismo. Memorias de un operador de bolsa parte de una docena de artículos publicados por el periodista y escritor Edwin Lefevre en el Saturday Evening Post y narra en primera persona de vida de un operador de bolsa, basando su historia en el maestro de las finanzas Jesse Livermore.

Reminiscences of a Stock Operator by Edwin Lefevre is a classic exploration of the highs and lows of financial markets, offering timeless insights into the psychology of trading and investing. Published in 1923, the book is a semi-autobiographical account of the legendary stock trader Jesse Livermore, capturing his journey from a young bucket shop speculator to one of Wall Street's most influential figures. Through vivid storytelling, it delves into the challenges of market speculation, the emotions that drive decisions, and the importance of discipline and risk management. Renowned for its wisdom and authenticity, the book continues to be a must-read for anyone interested in the art and science of trading.

These are no ordinary reminiscences a Wall Street broker--these are, according to many readers, the personal tales of legendary trader Jesse Livermore, the man often blamed for the stock market crash of 1929.

Written by American journalist, writer, and diplomat EDWIN LEF VRE (1871-1943), Livermore recounts his rise from quotation-board boy to master of the market. He tells of speculation and excitement, bad deals and blown fortunes. He offers advice that's still relevant today and recalls stories that educate readers more vividly and memorably than any textbook. He explains his theory of the market and how it can be played and exploited for gain. Overall, his stories explain what makes a stock operator tick, and why trading will always fascinate those who strive to conquer it.

Reminiscences of a Stock Operator--The Story of Jesse Livermore, Wall Street's Legendary Investor is one of the most important investment books ever written and a must-read for investors, traders, and students of economic history.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.

This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.

Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Reminiscences of a Stock Operator is a fictionalized story based on the trading career of Jesse Livermore. It follows his journey from the age of 15 when he made his first $1,000 to becoming a Wall Street legend.

Jesse Livermore or Boy Plunger-the famous American investor and security analyst who made his millions from the stock market. Edwin Lefèvre tracks the exploits of Livermore as he won and lost tens of millions of dollars playing the stock and commodities markets during the early 1900s. Despite the book's age, it continues to offer insights into the art of trading and speculation. In Jack Schwager's Market Wizards, Reminiscences is quoted as a major source of stock trading learning material for experienced and new traders by many of the traders who Schwager interviewed. The book is considered an investment classic.

Quieres aprender los secretos de un genio de las finanzas?

Memorias de un Operador de Acciones en la Bolsa te sumerge en la vida de Larry Livingstone, un prodigio que desde los 15 años hacía fortuna en la Bolsa.

Esta historia cautivante combina historia, economía y biografía en una lectura que te llevará al emocionante mundo de la Bolsa.

Descubre los altibajos de un especulador compulsivo basado en Jesse Livermore (llamado en el libro, con el nombre postizo de Larry Livingstone) y cómo amasa y pierde su fortuna una y otra vez. Listo para desentrañar los secretos financieros de Jesse Livermore? Este libro es tu pasaporte a esa emocionante odisea.