First published in 1923, Reminiscences of a Stock Operator is the fictionalized biography of Jesse Livermore, one of the greatest speculators who ever lived. Now, almost 90 years later, it remains the most widely read, highly recommended investment book ever written. Generations of investors have found that it has more to teach them about themselves and other investors than years of experience in the market. They have also discovered that its trading advice and keen analyses of market price movements ring as true today as in 1923.
Jesse Livermore won and lost tens of millions of dollars playing the stock and commodities markets during the early 1900s. So potent a market force was he in his day that, in 1929, he was widely believed to be the man responsible for causing the Crash.
Originally reviewed in The New York Times as a nonfiction book, Reminiscences of a Stock Operator vividly recounts Livermore's mastery of the markets from the age of 14. Always good at figures, he learns, early on, that he can predict which way the numbers will go. Starting out with an investment of five dollars, he amasses a fortune by his early twenties and establishes himself as a major player on the Street. Bullish in bear markets, and bearish among bulls, he claims that only suckers gamble on the market. The trick, he advises, is to protect yourself by balancing your investments, and selling big on the way down. Livermore goes broke three times, but he comes back each time feeling richer for the learning experience.
Offering profound insights into the motivations, attitudes, and feelings shared by every investor, Reminiscences of a Stock Operator is a timeless instructional tale that will enrich the lives - and the portfolios - of today's traders as it has those of generations past.
©1993,1994 Expert Trading, Ltd. (P)2004 Marketplace Books
This is an incomplete audio book. I know because I have read the book. It ends abruptly after "Larry Livingston" made a killing from the war bride boom and its subsequent bust. The actual book goes on for much more!
A very enjoyable story which I found fascinating as it takes place in a world where trading was done before the internet. The story was a little short given that I only get 1 audible credit a month and finished this in 1 week, yet I am glad I'm choose it as it is one if the all time greats and I would recommend it to anyone with an interest in old trading stories.
How fast I can finish the book listening to it instead of reading it. Learn much of the classic trading wisdom that has proven time and time again...although put it to practice still as hard as a hundred years ago.
the boy plunger
No. This one is good.
Just a good book. I'll be listening to it often.
"The most amazing book I've read"
Very great story line that kept me tuned in the whole book , from start to finish. If you enjoy learning about stocks and learning what to/not to do and how to accept failure but always go on read this book
"Great story, but audiobook shockingly incomplete!!"
This book WAS for me and it's great. I'm just shocked at how the "abridged" audiobook is grossly incomplete!
After I finished listening and was a bit intrigued that it went so fast, I checked the audio-book against the text in my complete Kindle version. I was shocked to find out that the audiobook reads some text which lies at 61% into the real book, then simply jumps straight to the last paragraph of the book and that's it!!!
How can I base my reading in an audiobook which simply skips a whole chunk of 39% of the book at once?? (not to mention the possible previous simplifications, which I did not check)
Sorry, nice try but I'm going back to old school reading.
Other older books on investing and speculation. But this one is unique.
No. The performance is great, very clear and inspiring.
The story is great, and very well narrated. But the "simplification" in the "abridged" audiobook is bizarre and a disrespect to the original text.
It's a great book, but drop the audiobook. Sit down and read it.
I'm shocked at how the "abridged" audiobook is grossly incomplete!
I lost my trust in audiobooks in my very first try. I'm cancelling my trial subscription and sticking to good ol' books.
"All trader should red this at least once"
The cause of failures in trading
It's a bit over the top at times, nice, but unnecessary.
Very interesting story.. not what I wanted to hear really but a great reality check..
"Great narrative that provided insight on wall st"
Insightful, Motivational, Educational
I would compare it to Liar's Poker because it was a narrative story of an individual and how he interacted with wall st and the institutional side of trading
to watch the character constantly be kicked out of trading rooms because he was so good
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