Jesse Livermore Speculator King

By Paul Sarnoff

Book Overview

This biography of Livermore by prolific writer Paul Sarnoff is a fascinating account of Livermore's life, which explores in detail his market operations and maneuvers, his hopes, his fears, his... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0934380104
• ISBN13: 9780934380102
• Release Date: January 1993
• Publisher: Traders Pr
• Length: 136 Pages
• Weight: 0.60 lbs.
• Dimensions: 8.5" x 0.5" x 5.5"

Customer Reviews

Feet of Clay?

I have several books on Livermore and until I found this one (in a second hand book shop - it is an original edition) I had taken it for granted that Livermore was some kind of superman. So how come he went bust three times and ended up committing suicide? What Sarnoff says is that Livermore was in fact a hype merchant who planted stories of his brilliance in the press and craved adulation. That many of his brilliant coups were less than brilliant (eg when he was the great bear he was also the great bull on the quiet - his positions were hedged) Sadly it all has the ring of truth about it - another hero with feet of clay? It may be badly written and maybe Sarnoff did not like Livermore but it is one side of the coin. On the other side of the coin we have the version from JL himself and he definitely liked Livermore. So, buy the book and make up your own mind.

Sarnoff met J.L. 3 times, and as a well balanced analysis.

I read the original 1967 edition. I learned a few things that other authors seem to have forgotten about J.L.. It is a fast, and interesting read. Not only did Sarnoff met J.L. 3 times, but he himself started his career on Wall-Street as J.L. was exiting. It is also based on interviews with people who sorounded J.L.. Conclusion: there is too much hype around J.L.. The plebeians want heroes, and get disappointed when they realize that their heroes are mere mortals.

The Traders` Father

Books written about Jesse Livermore contains everything about trading and investment strategies on stocks and other supply-demand materials , so this book is also about those strategies.

EXCELLENT BOOK

THIS BOOK CUTS THROUGH THE MYTH AND BUNK OF LIVERMORE AND RECOLLECTIONS OF A STOCK OPERATOR. LIVERMORE LIVED LIKE A KING AND DIED BROKE BY SUICIDE. TELLS THE HONEST TRUTH ABOUT SPECULATING IN STOCKS AND TELLS HOW EVEN STOCK MASTERS CAN LOSE THEIR SHIRTS.