SalePaperback
Reminiscences of A Stock Operator (PB)
Publisher:
Prabhat Prakashan
| Author:
Edwin Lefevre
| Language:
English
| Format:
Paperback
Publisher:
Prabhat Prakashan
Author:
Edwin Lefevre
Language:
English
Format:
Paperback
₹400 ₹280
Save: 30%
In stock
Ships within:
1-4 Days
In stock
ISBN:
SKU
9789355714176
Categories New Releases, New Releases & Pre-orders
Categories: New Releases, New Releases & Pre-orders
Page Extent:
312
The book can be divided into three parts: (1) 1890-1910: Livermore was able to make easy money by taking advantage of the bid–ask spread on inactive stocks with leverage of 100-to-1 at bucket shops. (2) 1910-1920: Livermore was a stock trader on the New York Stock Exchange, where he went bust over and over again because he used too much leverage. (3) 1920s: Livermore engaged in market manipulation, charging fees of 25% of the market value of the manipulated stock. This was before the creation of the U.S. Securities and Exchange Commission in 1934.
Reminiscences of a Stock Operator is a chronicle of Jesse Livermore’s life, one of the 19th century’s most famous traders. His fame was resides in the fact that he earned millions on the market several times, just to go bankrupt quickly after.
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Description
The book can be divided into three parts: (1) 1890-1910: Livermore was able to make easy money by taking advantage of the bid–ask spread on inactive stocks with leverage of 100-to-1 at bucket shops. (2) 1910-1920: Livermore was a stock trader on the New York Stock Exchange, where he went bust over and over again because he used too much leverage. (3) 1920s: Livermore engaged in market manipulation, charging fees of 25% of the market value of the manipulated stock. This was before the creation of the U.S. Securities and Exchange Commission in 1934.
Reminiscences of a Stock Operator is a chronicle of Jesse Livermore’s life, one of the 19th century’s most famous traders. His fame was resides in the fact that he earned millions on the market several times, just to go bankrupt quickly after.
About Author
Edwin Lefèvre (1871–1943) was an American journalist, writer, and diplomat, who is most noted for his writings on Wall Street business. he began his career as a journalist and eventually became a stockbroker, as well. a collection of Edwin Lefèvre’s short stories were published (1901) under the title, Wall Street Stories. This was followed by several novels about money and finance. Of the eight books written by Edwin Lefèvre, his Reminiscences of a Stock Operator is considered a classic of American business writing.
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