Stock Brokers

Jesse Livermore: World’s Greatest Stock Trader

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

List Price: $ 29.95

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Stock Market Wizards: Interviews with America’s Top Stock Traders

What separates the world s most successful investors from ordinary investors, and even the vast majority of professional fund managers?

In the third of the bestselling Market Wizard series, acclaimed trading expert Jack D. Schwager digs into the psyches, strategies, and true accounts from 12 legendary traders who survived the most dynamic bull market in U.S. stock history as well as a collapse in commodity prices, dramatic failures in some of the world’s leading hedge funds, the burst of the Internet bubble, and a fall into recession and the subsequent rumblings of recovery.

Newcomers to Jack Schwager’s series on top traders, as well as fervent fans of his first two entries Market Wizards and The New Market Wizards, will find that Stock Market Wizards offers another revealing look at a wide spectrum of trading styles through the eyes of 15 extraordinarily successful individuals. Transcripts of incisive Q&A sessions between Schwager and traders–including Michael Lauer, Dana Galante, Alphonse “Buddy” Fletcher Jr., and Claudio Guazzoni–examine the ways each approaches their specialty, whether it be value stocks, mutual funds, short selling, options trading, or other market niches. After brief but interesting introductions that place the subjects’ trading practices into perspective, Schwager coaxes from them penetrating observations on setting goals, finding opportunities, learning from mistakes, and operating on a day-to-day basis. While some participants refuse to divulge proprietary practices, and Anthony admits that many traders’ activities hold little relevance to individual investors, the basic doctrines nonetheless contain nuggets of wisdom that can be applied by many nonprofessionals. And, in the final “Wizard Lessons” chapter, Schwager details the 65 overarching principles (such as Trade Your Personality, Be Willing to Take a Loss, and The Importance of Setting Goals) he culled from these extensive conversations. –Howard Rothman

List Price: $ 19.95

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New York Stock Exchange trader

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