Title: Reminiscences of a Stock Operator
Author: Edwin Lefevre
Number of Pages: 308
Price: Kindle – Rs. 60, Paperback – Rs. 890 (Amazon.in)
My rating: 3/5
This disguised biography of Jesse Livermore has been highly recommended by stock market pundits over the years. One can see why, given the fact that the observations about human nature and stock trading ring true almost a century after the book was written and first published.
What however might make this a cumbersome read is the fact that most of the practices and anecdotes mentioned here are no longer relevant today. Institutions have been replaced and there are strict rules against “manipulating” stocks.
The book does give you a glimpse into the kind of courage and daring required to make big bets in the stock market. Apart from that, for the general learning, I recommend reading through the quotes from the book on Goodreads.