Skip to main content


Reminiscences of a Stock Operator

Edwin Lefèvre

ISBN: 978-0-471-05968-4 May 1994 304 Pages


Critical Praise...

"In my interviews with over 30 of the best traders of our time,there were some questions that I raised in each conversation. Oneof these was: Are there any books that you found particularlyvaluable and would recommend to aspiring traders? By far, the mostfrequent response was Reminiscences of a Stock Operator-a book thatwas over 70 years old!"
--from the Foreword by Jack Schwager, author ofMarket Wizards and The New Market Wizards

"Although Reminiscences.was first published some 70 years ago,its take on crowd psychology and market timing is as timely as lastsummer's frenzy on the foreign exchange markets."
--Worth magazine

"The most entertaining book written on investing isReminiscences of a Stock Operator, by Edwin Lefevre, firstpublished in 1923."
--The Seattle Times

"The best book I've read is Reminiscences of a StockOperator. I keep a supply for people who come to work forme."
--Martin Zweig

"After 20 years and many re-reads, Reminiscences is still one ofmy all-time favorites."
--Kenneth L. Fisher

Forbes First published in 1923, Reminiscences of a StockOperator is the fictionalized biography of Jesse Livermore, oneof the greatest speculators ever. Reminiscences remains the mostwidely read, highly recommended investment book ever written.Generations of investors have found that it has more to teach themabout themselves and other investors than years of experience inthe market. This is a timeless tale that will enrich the lives-andportfolios-of today's investors as it has those of generationspast.

Chapter I - 3

Chapter II – 14

Chapter III – 27

Chapter IV – 35

Chapter V – 49

Chapter VI – 60

Chapter VII – 71

Chapter VIII – 77

Chapter IX – 89

Chapter X – 104

Chapter XI – 116

Chapter XII – 127

Chapter XIII – 141

Chapter XIV – 153

Chapter XV – 168

Chapter XVI – 176

Chapter XVII – 190

Chapter XVIII – 203

Chapter XIX – 210

Chapter XX – 216

Chapter XXI – 227

Chapter XXII – 241

Chapter XXIII – 259

Chapter XXIV – 269