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Edwin Lefèvre’s masterpiece, “Reminiscences of a Stock Operator,” presents a compelling, fictionalized autobiography inspired by the life and times of Jesse Livermore (1877–1940). Livermore, a maverick in the world of day trading and universally recognized as one of the most exceptional investors in history, forms the core of this book. At his zenith in 1929, Livermore’s net worth was an astounding $100 million, an amount equivalent to approximately $1.5 billion today, placing him among the wealthiest individuals globally.
Originally published as a series of articles in The Saturday Evening Post during 1922 and 1923, this riveting narrative traces Livermore’s journey from a day trader in the then-infamous “bucket shops,” to a market speculator, a market maker, and a market manipulator. The readers witness his roller-coaster ride on Wall Street, where he earned and misplaced tens of millions of dollars. This timeless piece of American business literature continues to provide profound insights into the craft and mindset of trading and speculation, making it one of the most widely read and highly recommended investment books of all time. This Warbler Classics edition also contains an illustrated biography of Jesse Livermore.
Edwin Lefèvre (1871–1943), an esteemed American journalist, author, and diplomat, is best remembered for his insightful writings about Wall Street, especially “Reminiscences of a Stock Operator” (1923). His career trajectory took him from journalism to stockbroking. Lefèvre’s debut short stories were collated under the title, “Wall Street Stories” (1901), which paved the way for several novels centered around money and finance. In 1909, President Howard Taft appointed Lefèvre as an Ambassador of the United States. He served in Italy, France, and Spain before returning to Vermont in 1913 to continue writing novels and contribute short stories to magazines