I love reading about the stock exchanges at the turn of the 20th century. A full 100 years of financial innovation later, we are no further along than the environment Lefevre describes. And he describes it very well. The narration is excellent and the book is well worth the listen for anybody interested in finance or trading. The author also does a great job of discussing behavioral finance, a field which is supposedly 'new'.
Author describes his mindset, beliefs, and strategy toward stock speculation.
Compare this with Warren Buffet's most recent biography Snowball and notice the different stock approaches.
Very talented reader.
Would recommend this to those who want to better understand the Wall Street game. While few will read this and actually become proficient stock manipulators -- it does give some useful history and food for thought.If stocks interest you I would also recommend any books by the following authors: Berstein or Bogle. You may also try: A Random Walk Down Wall Street or Beating the Street.
This is an interesting historical account of the early days of stock trading and is fun to listen to. The author identifies many of the emotional hurdles one must overcome with trading--many of which still occur today. I was saddened by the ending.
Great book. No wonder best seller for last century.
Author explains stock manipulations, importance of reading Tape, journey of loosing millions and making millions.
1st half is more interesting than 2nd half. Great market and trading insights. The subject that the book is based on tells stories of investments over his lifetime with great lessons learned. It's hard to follow at times because the trading terminology and just because it's hard to focus on the road and concentrate. A sure classic for anyone with experience trading stocks.
You feel Livingstone's emotions ! Breathtaking narrative. Although it shows pit reality (not comom today), the emotions that who have already taken a heavy futures position are very similar to author's narrative.
This is the book they will be a classic one hundred years from now. Great narration. I love the story and I learned a lot from the trading perspective.
This book is great, most already know this is a must read for all traders. I read this book before but I enjoyed it so much that I wanted the audio version also since I don't get time to read but a lot of time to listen. I listen at work, so I listen for upwards of 5 to 6 hours at a time, several hours in I did seem to get a little bored, not sure if its cause I already knew the story or if its the performance of the narrator. Overall though I would definitely recommend this book.
The relevance of the story to the present after about a century.
The narration was fantastic too.
This is the best as the author captured the brilliance of livermores mind in such a way that it captures the "how and "why" he trades the way he did. I'm always drawn into the stories as if I'm their!
The author who also deserves credit gets the most out of who is probably the greatest trader of all time. To have gotten inside the mind of this trading genius shows that he would be successful in any era as Livermore know as much about human emotion and how they drive markets up or down and he reacts swiftly long or short! No wonder this is a classic its information is timeless. Glad the author captured this genius thoughts before he died.
A great narration and story teller!
It is too long for one listen so I love the bookmark feature and usually pick it up and listen while i'm on the computer. I'm starting my third listen as I always learn something new!
Please tell the narrator (Rick Rohan) to narrate the other Livermore classic "How to trade in stocks". I would buy that in a second if it were available.