Business/Management > Business Management

Description

Reminiscences of a Stock Operator is the story of Jesse Livermore or “Boy Plunger”– the famous American investor and security analyst who made his millions from the stock market. Edwin Lefevre tracks the exploits of Livermore: he won and lost tens of millions of dollars playing the stock and commodities markets during the early 1900s. With riveting accounts of Livermore’s experiences as one of the most influential speculators on Wall Street, the book is rich with trading wisdom and rules that Livermore imparts through Lefevre. The book’s enduring appeal rests in Livermore’s view that the market is made up of people and the excesses of the market reflect mass psychology. According to him the mistakes of individuals are frequently the result of the inability to control fear and greed. Thus, the views and lessons of Livermore continue to be relevant to every new generat9ion of investors and traders.

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