©1923 Edwin Lefevre; (P)2006 Recorded Books LLC
"A classic that gives readers a sense of a trader's mind." (Wall Street Journal)
"An engaging read, chock-full of pearls of wisdom and amusing anecdotes." (Money Week)
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.
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