©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 am a potter, real estate investor and an office manager who commutes to work monday - friday. I use my commute time to educate myself.
Yes, every year or so, to gleam more information. It's like the Bible, everytime you read it you learn something new.
Not possible. Too much information.
This book is a must read for anyone who likes to invest in stocks. Each time you listen to it you will find yourself becoming smarter with your stock investments.
This is a colorful memoir apparently by Jesse Livermore. It's a fine rollicking earlier (pre-SEC) Wall Street tale. The omissions, however, are glaring. I suggest first hearing the fine summary of the story in about 12 minutes in "100 Minds that Made the Market" (starting about 7:09 of part 2 of the audible book) - the details are squalid and ugly. Livermore ended a self-admitted failure, broke, blowing his brains out. His trading style seems a seat-of-the-pants combo of momentum, trend-following, superstition and hunches. Other good tales to hear first would be N. Taleb's books, "Fooled by Randomness" and "The Black Swan," mapping out the errors in this sort of gambler's mentality. Livermore's mentality reminds me of a guy I knew who always seemed to pull out miracles at the horse track, but was last seen toothless and homeless. For all that, it's a fine story, rich in imagery, that conveys some sense of a trader's mentality, at least in an old-school sense. And we may yet see a comeback of some version of the old "bucket shops" (are there are online in the UK), allowing small side-bets on stocks.
Too long gone, two wrongs right, to a brighter day and Tupelo night . . .
Written in the 1st person, from the perspective of a stock speculator in the early twentieth century. Follows his career from his early entry as a clerk to his domination of the action.
Although a fictional account, there are many lessons to be learned. Many contemporary stock market investors suggest this book should be required reading.
Even for one whose interest may not be in things financial, this is still an engaging, fun story.
Yes. I listened to it twice and read the book twice. If you have traded (not investing but trading) you will gain many insights from this book.
Livermore and the owners of the bucket shops. The bucket shop owners were a bunch of scammers, modern day Bear Sterns.
Rohan is by far the BEST narrator I have heard. He puts so much feeling into the reading of the book, he made is so much more “real.”
No way, it is 16 hours.
This is not only an audio book, but an investment expense!
This book is a true classic. I highly recommend this for serious traders.
I listen to the book multiple times, over and over. There are very good lessons in this book for anyone that is serious about trading.
Investment books, by definition, are usually un-entertaining and boring. This book bucks the trend. Fantastic storytelling and even better pearls of wisdom. A must listen.
This book is a timeless classic. The narrator is excellent and it's one of those deals where you can listen to it over and over again and learn something new every time. This is a MUST for any aspiring trader.
Sure to be a favourite. I have read the book a couple times, but I can easily say that in the audiobook there were subtle nuances that did not sink in before. I will surely listen again.
if you are an investor or a trader, not only will this book give you some great overall ideas, it is so interesting and entertaining that I felt sad when it ended. Jessy Livermore is indeeed the world's greatest stock operator.
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