The True Life Story and Time-Tested Strategies of the World's Greatest Trader
"Excellent read! Captures the spirit and times of Jesse Livermore, legendary trader. The book tracks two major market crashes, love affairs, the shooting of Jesse Jr. by his mother, and two family suicides. . . . Never a dull moment." -Ace Greenberg, Chairman, Bear Stearns
"Terrific. I started reading it when we took off from Seoul's Kimbo Airport on my way to Germany. By the time we reached Novosibirsk, Russia . . . I had finished it. I just couldn't put it down! Not only is it a great lesson in investing and trading, it's a fascinating psychological study of what makes a great speculator tick. The rise and fall of a great speculator as well as the rise and fall of his family is great reading. The fact that it is based on interviews with Livermore's survivors and witnesses to the events makes it even more interesting. Great writing."-Mark Mobius, Managing Director, Templeton Asset Management
"As one of the most shrewd traders of all time, Jesse Livermore demonstrated how important discipline is when trading the market. Smitten . . . covers how Livermore created his rules . . . also reviews the lessons Livermore learned along the way to develop his strategies."-William J. O'Neil, Publisher, Investor's Business Daily
"A stock market classic! Most entertaining and informative book on the market that I have had the privilege to read in the last twenty years. A must-read for students of the stock market-great even for those who have no knowledge of the market. Grabs you from the start and holds you enthralled from cover to cover. Great book!"-Dan Sullivan, Publisher, The Chartist, Fund Manager, and Investment Advisor
"After reading Smitten's magnificent biography, two Japanese proverbs came to mind: 'Fortune favors the bold' and 'Darkness lies one inch ahead.' Smitten shows how fortune and darkness were integral parts of Livermore's life . . . has the intrigue of a mystery novel and the lessons of a trading master. What more can one ask for? I eagerly recommend this book to anyone interested in history, the markets, and trading psychology."-Steve Nison, author of Japanese Candlestick Charting
"An excellent read."
--Ace Greenberg, Chairman, Bear Stearns
Richard Smitten's Jesse Livermore is the first full biography of the legendary trader profiled in the bestselling "Reminiscences of a Stock Operator" (Wiley: 0-471-05970-6). Although he died more than half a century ago, Livermore is considered by today's top traders as the greatest trader who ever lived. An enigmatic loner, misanthrope, and notorious miser, Livermore revolutionized the profession with his innovative timing techniques, money management strategies, and high-momentum approach to trading stocks. Smitten provides a vivid portrait of Livermore and the times in which he lived and operated. He deftly combines eyewitness accounts of those who knew Livermore with fascinating stories of sensational love affairs, shootings, and suicides, and a detailed exploration of the trading strategies that made Livermore several fortunes in his lifetime.
Richard Smitten (Key West, FL) is the author of several books, including "The Godmother," the critically acclaimed story of a famous woman criminal.