Reminiscences of a Stock Operator

"Probably the single most important book on trading that exists" - Bill Bonner "You'll be glad that you read this book" - ValueWalk "Simply a very well-written book and an engulfing story for anyone interested in the stock market" - Matt Koppenheffer, The Motley Fool "...provide[s] an interesting historical insight into the US stock market as it was during one of the most exciting times of the early 20th century, it also gives readers a lesson on trading psychology and how to make (and lose) money." - Richard Gill, Master Investor

Edwin Lefevre (1871-1943), the son of a steamship agent, trained as a mining engineer before changing his mind and pursuing a career as a journalist aged 19. He went on to become a stockbroker and an independent investor, as well as a novelist and writer of short stories. Having been born in Panama while his father, a Channel Islands emigre to the United States, was stationed there with the Pacific Steamship Company, Lefevre became the Panamanian ambassador to Spain and Italy in 1909. He wrote eight books across his career, including a collection of financial fiction, Wall Street Stories (1901), Sampson Rock of Wall Street (1907) and the nonfiction Making of a Stockbroker (1925). His most famous book is the classic Reminiscences of a Stock Operator (1923). This lightly fictionalised account of stock speculator Jesse Livermore's career began life as a series of articles in The Saturday Evening Post, and was first published across 1922 and 1923. Edwin Lefevre spent much of his life in Vermont, where he died in 1943. He was survived by his wife, Martha, and two sons. Tim Price has worked in the capital markets for 25 years. A graduate of Christ Church, Oxford, he spent a decade as a bond specialist before going on to serve as Chief Investment Officer at three separate wealth management firms. Tim has been shortlisted for five successive years in the UK Private Asset Managers Awards programme and was a winner in 2005 in the category of Defensive Investing. He is now manager of the VT Price Value Portfolio, a fund investing in Benjamin Graham-style value stocks, and specialist value funds, from around the world. Tim also writes regularly for MoneyWeek magazine and The Spectator. Follow Tim on Twitter: @timfprice

About the AuthorAbout the TextForeword by Tim Price, author of Investing Through the Looking GlassChapter OneChapter TwoChapter ThreeChapter FourChapter FiveChapter SixChapter SevenChapter EightChapter NineChapter TenChapter ElevenChapter TwelveChapter ThirteenChapter FourteenChapter FifteenChapter SixteenChapter SeventeenChapter EighteenChapter NineteenChapter TwentyChapter Twenty-OneChapter Twenty-TwoChapter Twenty-ThreeChapter Twenty-Four