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Mass Market Paperback
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. Highly recommended. --Harry C. Edwards --This text refers to an out of print or unavailable edition of this title.
"...is a classic that gives readers a sense of a trader's mind..." (Wall Street Journal, August 7, 2006)
"…an engaging read, chock-full of pearls of wisdom and amusing anecdotes...candid and analytical style evoking sympathy for the narrator." (Money Week, October 2006)
“…contains timeless advice on the markets.” (The Independent, Extra, Thu 13th March)
Very interesting read. There are some minor errors in the Kindle version, like missing or incorrect words. Read morePublished 9 hours ago by Amazon Customer
Classic book. Essential in education of becoming a trader. The lessons can still be applied.Published 4 days ago by grandfatherjoe
It's interesting to track the emotional rollercoaster Ed travels as he describes his learning curve.... The book could have been half its length and provided all of its insights. Read morePublished 4 days ago by sandra leal
I read more than hundred trading books.
If people would ask me which book they should read if they only could read one trading book,
I would recommend this book. Read more
its an awesome read, good learning from the experiences of such a great traderPublished 8 days ago by venkatesh pabbisetty
He writes about the sometimes shady act of separating the investor from his money..........................and it still continues to this very day! Read morePublished 9 days ago by Sops
This is an endless series of boring anecdotes about a speculator / trader in the early 1900's. There are only few lessons to be learned from this book and the strategies are better... Read morePublished 11 days ago by Ratatosk
This is an interesting book. It gives the reader both a glimpse into what it was like to trade in the early days as well as some solid trading philosophy. Read morePublished 12 days ago by Cory BS
Outstanding classic. Takes you inside the mind of a trader in the early 20th century.Published 12 days ago by AJT