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Daily Archives: April 23, 2010

Lessons from Livermore: Reminiscences of a Stock Operator

April 23, 2010
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Lessons from Livermore: Reminiscences of a Stock Operator

When the Cabot editors who spend their days in our Salem office get asked for their favorite investment books, there are always a few new titles that come up. But there are also a few titles that come up over and over again, and one of the most consistent is “Reminiscences of a Stock Operator” by Edwin Lefevre.  First published in 1923, the book is a fictionalized biography of legendary trader Jesse Livermore. Livermore was born in 1877, and began his career as a ticker boy in the bucket shops (businesses that took bets on stock prices, but didn’t...

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