First published in , “Reminiscences of a Stock Operator” is the most widely read, highly recommended investment book ever. Generations of readers have. And thanks to American journalist Edwin Lefevre’s Reminiscences of a Stock Operator, a work of “fiction” that is in fact a thinly veiled biography. The Paperback of the Reminiscences of a Stock Operator by Edwin Lefevre at Barnes & Noble. FREE Shipping on $ or more!.

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I began to realize that the big money must necessarily be in the big swing. The speculator’s chief enemies are always boring from within. Of course, this book has a significantly different bend – with the narrative primarily being about huge sums of money won and lost through big and mostly bearish stock market trades. He cannot bet on the unreasonable or on the unexpected, however strong his personal convictions may be about man’s unreasonableness or however certain he may feel that the unexpected happens very frequently.

That wouldn’t impede him from going broke again later on and committing suicide. Such was the life of the trading genius. But after he loses his money it takes him a long time to lose the habit of spending. Here’s something I’ve written out: All through time, people have basically acted and reacted the same way in the market as a result of greed, fear, ignorance, and hope.


A man has to have experience and he has to pay for it. And if you’re not, and you still haven’t read this book, you probably should. Reminiscences of a Stock Operator.

Reminiscences of a Stock Operator

He acts almost automatically. Dec 20, Grant Palmquist rated it it was amazing. A man must believe in himself and his judgement if he expects to make a living at this game. They say there are two sides to ev 1- “Another lesson I learned early is that there is nothing new in Wall Street.

It requires more time and more work to keep posted and to that extent stock speculation has become much more difficult for those who operate intelligently. Human failings never go out of style. News was routinely withheld until insiders finished trading. Or is that another Walls Street con? Add to the list of books to be reread many times over.

She delivers educational wallop and presents her own bill, knowing you have to pay it, no matter what the amount maybe. But one of remniiscences central points of the book is that fear, greed, hope and ignorance will drive the marke This book is a marvel.

Reminiscences of a Stock Operator – Wikipedia

And that is precisely what beats so many men on Wall Street who are very far from being in the main sucker class. No trivia or quizzes yet. Remember Fed Chairman Alan Greenspan’s famous “irrational exuberance” comment? From Wikipedia, the free encyclopedia. I actually enjoyed some chapters of the classic Techni Yeah, I know. Every other line would make so much sense to me Want to Read saving….


This is part-biography, part-guide to speculation, part-warning to the public about the tricks companies and Wall Street pull on private investors to part them from their money. This is a great book suitable for those who are either experienced or not experienced ,which wish to venture into the financial w “To be the best, you must learn from the best” and sure it seems like I have really learned from the best through reading this book.

All the stocks could be displayed on one big board. But opportunities do not come everyday. This is not because Livermore teaches the reader how to use options to hedge a position, nor is it a how-to manual on how to corner a commodities market.

Reminiscences of a Stock Operator by Edwin Lefèvre

His mission to perfect his game was therefore a failure. Refresh and try again.

The ride is dizzying. Despite sock book’s age, it continues to offer insights into the art of trading and speculation. Incredibly, he made millions and lost them again almost immediately.