Items related to Reminiscences of a Stock Operator

Reminiscences of a Stock Operator - Hardcover

4.18 avg rating
( 17,914 ratings by Goodreads )
9780870340659: Reminiscences of a Stock Operator
View all copies of this ISBN edition:
We sell Rare, out-of-print, uncommon, & used BOOKS, PRINTS, MAPS, DOCUMENTS, AND EPHEMERA. We do not sell ebooks, print on demand, or other reproduced materials. Each item you see here is individually described and imaged. We welcome further inquiries.

"synopsis" may belong to another edition of this title.

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. Highly recommended. --Harry C. Edwards

From the Inside Flap:
Reminiscences of a Stock Operator

"... I learned early that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I’ve never forgotten that.... The fact that I remember that way is my way of capitalizing experience."
from Reminiscences of a Stock Operator

First published in 1923, Reminiscences of a Stock Operator is the fictionalized biography of Jesse Livermore, one of the greatest speculators who ever lived. Now, more than 70 years later, Reminiscences remains the most widely read, highly recommended investment book ever written. Generations of investors have found that it has more to teach them about themselves and other investors than years of experience in the market. They have also discovered that its trading advice and keen analyses of market price movements ring as true today as in 1923. Jesse Livermore won and lost tens of millions of dollars playing the stock and commodities markets during the early 1900s—at one point making the thenastronomical amount of ten million dollars in just one month of trading. So potent a market force was he in his day that, in 1929, he was widely believed to be the man responsible for causing the Crash. He was forced into seclusion and had to hire a bodyguard. Originally reviewed in The New York Times as a nonfiction book, Reminiscences of a Stock Operator vividly recounts Livermore’s mastery of the markets from the age cf 14. Always good at figures, he learns, early on, that he can predict which way the numbers will go. Starting out with an investment of five dollars, he amasses a fortune by his early twenties and establishes himself as a major player on the Street. He makes his first killing in 1906, selling short on Union Pacific. He goes on to corner the cotton market, and has a million-dollar day Bullish in bear markets and bearish among bulls, he claims that only suckers gamble on the market. The trick, he advises, is to protect yourself by balancing your investments, and selling big on the way down. Livermore goes broke three times, but he comes back each time feeling richer for the learning experience. Offering profound insights into the motivations, attitudes, and feelings shared by every investor, Reminiscences of a Stock Operator is a timeless instructional tale that will enrich the lives—and portfolios—of today’s traders as it has those of generations past.

"About this title" may belong to another edition of this title.

  • PublisherFraser Management Associates
  • Publication date1998
  • ISBN 10 0870340654
  • ISBN 13 9780870340659
  • BindingHardcover
  • Number of pages299
  • Rating
    4.18 avg rating
    ( 17,914 ratings by Goodreads )

Other Popular Editions of the Same Title

9780471770886: Reminiscences of a Stock Operator

Featured Edition

ISBN 10:  ISBN 13:  9780471770886
Publisher: Wiley, 2006

9781946963062: Reminiscences of a Stock Operator

Albatr..., 2017

9780857195944: Reminiscences of a Stock Operator (Harriman Definitive Editions): The classic novel based on the life of legendary stock market speculator Jesse Livermore

Harrim..., 2017

9781684222940: Reminiscences of a Stock Operator

Martin..., 2019

9780471059707: Reminiscences of a Stock Operator

John W..., 1994

Top Search Results from the AbeBooks Marketplace

Stock Image

Lefevre, Edwin
Published by Fraser Management Associates (1998)
ISBN 10: 0870340654 ISBN 13: 9780870340659
New Hardcover Quantity: 1

Book Description Condition: New. In shrink wrap. Looks like an interesting title! 1.05. Seller Inventory # Q-0870340654

More information about this seller | Contact seller

Buy New
US$ 75.87
Convert currency

Add to Basket

Shipping: US$ 4.72
Within U.S.A.
Destination, rates & speeds