“History repeats itself all the time on Wall Street.”
Source: Reminiscences of a Stock Operator (1923), Chapter XVIII, p. 217
Quotes from book
Reminiscences of a Stock Operator
Reminiscences of a Stock Operator is a 1923 roman à clef by American author Edwin Lefèvre. It is told in the first person by a character inspired by the life of stock trader Jesse Livermore up to that point.The book remains in print . In December 2009, Wiley published an annotated edition in hardcover, ISBN 0-470-48159-5, that bridges the gap between Lefèvre's fictionalized account and the actual people and places referred to in the book. It also includes a foreword by hedge fund manager Paul Tudor Jones.
Source: Reminiscences of a Stock Operator (1923), Chapter XXI, p. 249
Source: Reminiscences of a Stock Operator (1923), Chapter XV, p. 183
“To subordinate my judgment to his desires was the undoing of me.”
Source: Reminiscences of a Stock Operator (1923), Chapter XIII, p. 159
Source: Reminiscences of a Stock Operator (1923), Chapter XX, p. 236
Source: Reminiscences of a Stock Operator (1923), Chapter XXII, p. 265 (See also: New York Curb Exchange)
“Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street.”
Source: Reminiscences of a Stock Operator (1923), Chapter XIV, p. 172
“It didn't require a Sherlock Holmes to size up the situation.”
Source: Reminiscences of a Stock Operator (1923), Chapter XV, p. 182
“The big money in booms is always made first by the public - on paper.
And it remains on paper.”
Source: Reminiscences of a Stock Operator (1923), Chapter XXI, P. 257
Source: Reminiscences of a Stock Operator (1923), Chapter XXIII, p. 278
Source: Reminiscences of a Stock Operator (1923), Chapter V, p. 61
Source: Reminiscences of a Stock Operator (1923), Chapter XII, p. 149
“The public always wants to be told.”
Source: Reminiscences of a Stock Operator (1923), Chapter XXIV, p. 287
Source: Reminiscences of a Stock Operator (1923), Chapter XIX, p. 226
“As I have said a thousand times, no manipulation can put stocks down and keep them down.”
Source: Reminiscences of a Stock Operator (1923), Chapter XV, p. 186
“TIPS! How people want tips! They crave not only to get them but to give them.”
Source: Reminiscences of a Stock Operator (1923), Chapter XVI, p. 188
“When the man who ought to want a stock doesn't want it, why should I want it?”
Source: Reminiscences of a Stock Operator (1923), Chapter XVII, p. 211
Source: Reminiscences of a Stock Operator (1923), Chapter IV, p. 51
Source: Reminiscences of a Stock Operator (1923), Chapter VIII, p. 89
