Reminiscences of a Stock Operator explained

Reminiscences of a Stock Operator
Author:Edwin Lefèvre
Country:United States
Genre:Finance
Language:English
Publisher:Wiley
Pages:288 pp.
Isbn:978-0-471-77088-6

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.[1]

The book remains in print . In December 2009, Wiley published an annotated edition in hardcover,, that bridges the gap between Lefèvre's fictionalized account and the actual people and places referred to in the book. It also includes a foreword by hedge fund manager Paul Tudor Jones.[2]

Plot

The book can be divided into three parts:[2]

Accolades

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.[3]

A March 2005 article in Fortune listed it among "The Smartest Books We Know" about business.[4]

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

Notes and References

  1. News: Reminiscences of a Stock Operator . Matt . Koppenheffer . . October 26, 2006.
  2. News: History Lessons for Investors . gene . epstein . . October 30, 2010.
  3. Book: Greenspan, Alan . Alan Greenspan

    . The Age of Turbulence: Adventures in a New World . registration . 28 . Alan Greenspan . . September 9, 2008.

  4. News: The Smartest Books We Know . JERRY . USEEM . . March 21, 2005.