Jesse Livermore: The Life and Legacy of America’s Most Famous Stock Trader
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Narrated by:
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Daniel Houle
About this listen
“I learned early that there is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I've never forgotten that.” (Jesse Livermore)
Since the beginning of time, money and trading have shaped the economy of civilization. The earliest societies began with barter, otherwise known as the mutual exchange of goods and services. Grains, plant products, cattle, camels, sheep, and other livestock were the first forms of currency. In Eastern and African countries, money came in the likes of cowrie shells. Currency evolved as time progressed, passing through the ages as primitive copper coins, stamped coins, leather squares, stringed beads, gold, and finally, to the paper and electronic currency used today.
Over the years, Wall Street has been equally glamorized and demonized for what it represents. To some, this is where lifelong dreams of riches, power, and fast living come to meet. To others, it is the breeding ground of the corrupt and greedy one percent. All the same, its mystique is one that only the most ambitious penetrate.
That said, more people have dipped their toes into the stock and blockchain markets every day, so day trading as both a profession and a hobby is more relevant than ever. In light of the sensational GameStop controversy in early 2021 and the ongoing and still-evolving global crypto renaissance, the once exclusive sphere of day trading, previously limited to mainly the haute monde and those on Wall Street, has truly become anyone's game.
This seemingly contemporary phenomenon, however, is far older than most would expect, and a number of critical figures throughout history played an instrumental role in laying the foundations for the successes of modern day traders. One innovator of technical analysis was Charles Dow, who created the Dow Jones Industrial Index and founded The Wall Street Journal. William Delbert Gann, most famed for his esoteric techniques, which were based on astrology, geometry, and the square of nine, among other unconventional forecasting strategies, popularized the concept of time cycles. John Magee, aptly nicknamed “The Chartist,” authored Technical Analysis of Stock Trends, and obsessively tabulated stock price patterns, trading volumes, averages, and almost every other variable imaginable, making him one of the most disciplined technical analysts to have ever thrown their hat into the ring.
Among all of the day traders, the one who was most praised in his time was Jesse Livermore, who is regularly hailed as the greatest and most influential pioneer to have ever played the game. The illustrious Livermore's impressive career was marked by glittering, unparalleled highs, made possible by his trademark methods, which were listed in a bible that continues to be religiously referenced by day traders to this day. However, as remarkable as his successes were, they were often neutralized by devastating lows, an eerie parallel to his extraordinary, but tragic personal life, which was every bit as volatile as the stock market.
Jesse Livermore: The Life and Legacy of America’s Most Famous Stock Trader chronicles the ups and downs that the influential trader had on America and the stock market; you will learn about Jesse Livermore like never before.
©2021 Charles River Editors (P)2021 Charles River EditorsListeners also enjoyed...
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- A True Drama of Wall Street 1920-1928
- By: John Brooks
- Narrated by: Johnny Heller
- Length: 11 hrs and 5 mins
- Unabridged
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Once in Golconda is a dramatic chronicle of the breathtaking rise, devastating fall, and painstaking rebirth of Wall Street in the years between the wars. Focusing on the lives and fortunes of some of the era's most memorable traders, bankers, boosters, and frauds, John Brooks brings to vivid life all the ruthlessness, greed, and reckless euphoria of the '20s bull market, the desperation of the days leading up to the crash of '29, and the bitterness of the years that followed.
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A must read for investors
- By Brad Gillespie on 06-07-15
By: John Brooks
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The Money Culture
- By: Michael Lewis
- Narrated by: Alexander Cendese
- Length: 6 hrs and 52 mins
- Unabridged
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The 1980s was the most outrageous and turbulent era in the financial market since the crash of ’29, not only on Wall Street but around the world. Michael Lewis, as a trainee at Salomon Brothers in New York and as an investment banker and later financial journalist, was uniquely positioned to chronicle the ambition and folly that fueled the decade. In these trenchant, often hilarious true tales we meet the colorful movers and shakers who commanded the headlines and rewrote the rules.
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Not the normal great Michael Lewis
- By Me on 05-12-12
By: Michael Lewis
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Red Roulette
- An Insider's Story of Wealth, Power, Corruption, and Vengeance in Today's China
- By: Desmond Shum
- Narrated by: Tim Chiou
- Length: 9 hrs and 21 mins
- Unabridged
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As Desmond Shum was growing up impoverished in China, he vowed his life would be different. Through hard work and sheer tenacity he earned an American college degree and returned to his native country to establish himself in business. There, he met his future wife, the highly intelligent and equally ambitious Whitney Duan who was determined to make her mark within China’s male-dominated society. Whitney and Desmond formed an effective team and, aided by relationships they formed with top members of China’s Communist Party, the so-called red aristocracy.
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Desmond Shum is not a rube! He knows about wine, ok?
- By Peter L Hansen on 10-06-21
By: Desmond Shum
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The Big Rich
- The Rise and Fall of the Greatest Texas Oil Fortunes
- By: Bryan Burrough
- Narrated by: James Jenner
- Length: 22 hrs and 11 mins
- Unabridged
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Best-selling author Bryan Burrough reveals how four Texas oil tycoons transformed America. Rising from humble beginnings through hard work and shrewd dealings, they shifted the balance of power in American politics. While hobnobbing with movie stars and presidents, the Big Rich also created the legend of the swaggering Texas oilman with island hideaways and sprawling ranches.
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Big, Sordid, Fascinating, PoliticallyCorrect
- By Darkcoffee on 11-09-09
By: Bryan Burrough
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Battle for the Big Top
- P.T. Barnum, James Bailey, John Ringling, and the Death-Defying Saga of the American Circus
- By: Les Standiford
- Narrated by: B.J. Harrison
- Length: 10 hrs and 13 mins
- Unabridged
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Millions have sat under the “big top,” watching as trapeze artists glide and clowns entertain, but few know the captivating stories behind the men whose creativity, ingenuity, and determination created one of our country’s most beloved pastimes. In Battle for the Big Top, New York Times best-selling author Les Standiford brings to life a remarkable era when three circus kings - James Bailey, P. T. Barnum, and John Ringling - all vied for control of the vastly profitable and influential American Circus.
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Fantastic!
- By IsleWait on 09-30-22
By: Les Standiford
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Rainbow's End: The Crash of 1929
- Oxford University Press: Pivotal Moments in US History
- By: Maury Klein
- Narrated by: Sean Crisden
- Length: 11 hrs and 45 mins
- Unabridged
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The first major history of the Crash in over a decade, Rainbow's End tells the story of the stock market collapse in a colorful, swift-moving narrative that blends a vivid portrait of the 1920s with an intensely gripping account of Wall Street's greatest catastrophe. The book offers a vibrant picture of a world full of plungers, powerful bankers, corporate titans, millionaire brokers, and buoyantly optimistic stock market bulls.
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Plenty of fine detail, especially of the 1920s
- By Philo on 04-18-13
By: Maury Klein
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The Zeroes
- My Misadventures in the Decade Wall Street Went Insane
- By: Randall Lane
- Narrated by: Randall Lane
- Length: 12 hrs and 4 mins
- Unabridged
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Magazine entrepreneur Randall Lane had a prime seat at Wall Street's biggest greed fest. The Zeroes is a memoir about the excesses and bad behavior of an outsider who got pulled into a crazy, self-contained world.
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A very entertaining tale
- By andy on 11-03-13
By: Randall Lane
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Tokyo Underworld
- The Fast Times and Hard Life of an American Gangster in Japan
- By: Robert Whiting
- Narrated by: Oliver Wyman
- Length: 12 hrs and 14 mins
- Unabridged
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In the ashes of postwar Japan lay a gold mine for certain opportunistic, expatriate Americans. Addicted to the volatile energy of Tokyo's freewheeling underworld, they formed ever-shifting but ever-profitable alliances with warring Japanese and Korean gangsters. At the center of this world was Nick Zappetti, an ex-marine from New York City who arrived in Tokyo in 1945 and whose restaurant soon became the rage throughout the city and the chief watering hole for celebrities, diplomats, sports figures, and mobsters.
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A Man with a fork in a world of soup
- By Kindle Customer on 09-01-20
By: Robert Whiting
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Hughes: The Private Diaries, Memos and Letters
- The Definitive Biography of the First American Billionaire
- By: Richard Hack
- Narrated by: Dan Cashman
- Length: 17 hrs and 58 mins
- Unabridged
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Howard Hughes was a true American original: legendary lover, record-setting aviator, award-winning film producer, talented inventor, ultimate eccentric, and, for much of his lifetime, the richest man in the United States. His desire for privacy was so fierce and his isolation so complete that even now, 25 years after his death, inaccurate stories continue to circulate, and many have been published as fact. Hughes explodes the illusion of his life and exposes the man behind the myth. He was a playboy whose sexual exploits with Hollywood stars were legendary.
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GOOD READ
- By Randall on 04-25-09
By: Richard Hack
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The Rothschilds
- A Family Portrait
- By: Frederic Morton
- Narrated by: Richard Ferrone
- Length: 11 hrs and 16 mins
- Unabridged
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No family in the past two centuries has been as constantly at the center of Europe's great events, has featured such varied and spectacular personalities, has had anything close to the wealth of the Rothschilds. To this day they remain one of the most powerful and wealthy families in the world. In Frederic Morton's classic tale, the family is brought vividly to life.
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Engaging read but dubious sentiment
- By T.G. on 04-23-20
By: Frederic Morton
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Only Yesterday
- An Informal History of the 1920s
- By: Frederick Lewis Allen
- Narrated by: Grover Gardner
- Length: 11 hrs and 35 mins
- Unabridged
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In this span between armistice and depression, Americans were kicking up their heels, but they were also bringing about major changes in the social and political structure of their country. Only Yesterday is a fond, witty, penetrating biography of this restless decade, a delightful reminiscence for those who can remember and a fascinating firsthand look for those who've only heard.
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Loved this book
- By Matthew M. Kayes on 06-11-07
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"The Rest of Us"
- The Rise of America's Eastern European Jews
- By: Stephen Birmingham
- Narrated by: Mel Foster
- Length: 18 hrs and 2 mins
- Unabridged
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The wave of Eastern European Jewish immigrants who swept into New York in the late nineteenth and early twentieth centuries by way of Ellis Island were not welcomed by the Jews who had arrived decades before. These refugees from czarist Russia and the Polish shtetls who came to America to escape pogroms and persecution were considered barbaric, uneducated, and too steeped in the traditions of the "old country" to be accepted by the more refined and already well-established German-Jewish community. But the new arrivals were tough, passionate, and determined.
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Book 3 of 3
- By Etoile NEOhio on 11-15-22
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The Cartiers
- The Untold Story of the Family Behind the Jewelry Empire
- By: Francesca Cartier Brickell
- Narrated by: Hattie Morahan
- Length: 23 hrs and 14 mins
- Unabridged
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The Cartiers is the revealing tale of a jewelry dynasty—four generations, from revolutionary France to the 1970s. At its heart are the three Cartier brothers whose motto was “Never copy, only create” and who made their family firm internationally famous in the early days of the twentieth century, thanks to their unique and complementary talents.
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Wonderful Experience to Listen to This Story
- By BB on 01-12-20
What listeners say about Jesse Livermore: The Life and Legacy of America’s Most Famous Stock Trader
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Dad
- 08-19-24
The skipping of the most important information
The book skipped over the entire part of the story where he shorts the market.
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