First published in , “Reminiscences of a Stock Operator” is the most widely read, highly recommended investment book ever. Generations of readers have. And thanks to American journalist Edwin Lefevre’s Reminiscences of a Stock Operator, a work of “fiction” that is in fact a thinly veiled biography. The Paperback of the Reminiscences of a Stock Operator by Edwin Lefevre at Barnes & Noble. FREE Shipping on $ or more!.

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Jan 31, Valery Bartashevich rated it it was amazing. It is still difficult to make money because the market itself has punishing mechanisms that may reflect the vagaries of hu A classic.

Reminiscences of a Stock Operator – Wikipedia

That is why so many men in Wall Street, who are not at all in the sucker class, not even in the legevre grade, nevertheless lose money. This difference between the professional and the amateur or occasional trader cannot be overemphasised. In real life, Livermore lost it all one last time, and shot himself, the decade after this book first came out. Lists with This Book.

Reminiscences of a Stock Operator by Edwin Lefèvre

It chronicles the life of one of the most legendary reminiscemces traders. This is a great book suitable for those who are either experienced or not experienced ,which wish to venture into the financial w “To be the best, you must learn from the best” and sure it seems like I have really learned from the best through reading this book.


There is a lot of useful investment advice to be gleaned from this book, but you must know investment terminology. It takes you back to an era where there were few rules to regulate trading, so a lot of the letevre to make money back then would be majorly illegal today.

Reminiscences of a Stock Operator

Reminiscences of a Stock Operator Paperback Perhaps most importantly, the story really shows how empty the life of speculation is. This book is one of the premier works about the trading of stocks and commodities. Disaster may come from a convulsion of nature or from the weather, from your own greed or from some man’s vanity; from fear or from uncontrolled hope. Want to Read Currently Reading Read.

A stock operator has to fight a rdwin expensive enemies within himself. It doesn’t waste time on Jesse’s personal life and focuses only on his successes and failures in the markets until that point in time in the s.

I had a slight interest in stocks and trading before I read this and then got even more interested. But he will make any one of the ten teminiscences brothers or cousins of the original.

I made up my mind to be wise and play carefully, conservatively. He had been suffering from depression and in his suicide note he describes his life as a “failure”. News was routinely withheld until insiders finished trading. Fear and hope remain the same; therefore the study of the psychology of speculators is as valuable as it ever was. May 26, Stuart rated it liked it Shelves: It’s the guessing that develops a man’s brain power.


The narrator is a great writer, who guides the reader through Livingston’s ups and downs, speculations, and the logic behind all of it. If a stock doesn’t act right don’t touch it; because being unable to tell precisely what is wrong; you cannot tell which way it is going. Jul 17, John Hively rated it really liked it. He really meant to tell them that the big money was not in individual fluctuations but in the main movements – that is not in reading the tape but in sizing up the entire market and its trend.

Fascinating insights into human nature from a journalist who understood the character about which he wrote this book. There is one side to the stock market; and it is not the bull side or bear side, but the right side. It was the only paying job he ever had.

He understood it all. I found it one of the hardest things to learn. First published in”Reminiscences of a Stock Operator” is the most widely read, highly recommended investment book ever.