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Reminiscences of a Stock Operator

Edwin Lefèvre

4 readers recommend it across 4 discussions

Reader recommendations

ValtteriL
I'm 3/4 through it. It's been quite entertaining to read how he went from picking off bucket shops to going bust on Wall Street and how he proceeded from there. Old-fashioned writing that goes straight to the point. His art-like approach to speculation is refreshing after spending time on /r/quant. I cannot say if any of his high-level speculation wisdom hold water anymore, though. Would recommend!
cognaitiv
Reminiscences of a Stock Operator by Edwin Lefèvre (1923). Inspired by the life of stock trader Jesse Livermore in the late 1800s to early 1900s. The narrator starts trading in bucket shops (antique equivalent of Robinhood), makes and loses several fortunes through various (often less than honorable) financial escapades. Was inspired to read this by the GameStop situation and was not disappointed.
parallel_item
Some finance books I love (and reread frequently). These books are more about characters and stories, more than traditional non-fiction. My Life as a Quant by Emanuel Derman The Quants by Scott Patterson A Man for All Markets by Edward O. Thorp Reminiscences of a Stock Operator by Edwin Lefevre Flash Boys by Michael Lewis