The 1923 Wall Street classic, still in print a century later
Reminiscences of a Stock Operator · Edwin Lefèvre, 1923
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A speculator tells how he made and lost several fortunes, from a boyhood in the bucket shops to the Panic of 1907. Edwin Lefèvre's book, complete, in ONE hardcover with a new introduction. Free shipping.
🎁 4 free gifts with every hardcover
Reminiscences digital copy (PDF)The complete book with the new introduction. Read tonight.$12.95FREE
Reader's Guide to Reminiscences (PDF)Who's who, old Wall Street words, a timeline and every chapter in brief.$14.95FREE
10 Reminiscences phone wallpapersShort lines from the book in navy and gold, for your lock screen.$9.95FREETotal gift value $37.85 · yours free · download right after you order
1922 · The Saturday Evening Post
In 1922, readers of The Saturday Evening Post began to follow a new series about Wall Street. It was told in the first person by a stock speculator who never gave his real name. He explained how he had made and lost several fortunes, and what each one had taught him.
The writer was Edwin Lefèvre, a reporter who had worked as a stockbroker and knew the brokerage office from the inside. In 1923 the series became a book, Reminiscences of a Stock Operator.
The narrator calls himself Larry Livingston. The book was dedicated to Jesse Livermore, the best-known speculator of his day, and readers have long taken Livingston to be a portrait of him.
A century later, it is still in print.
The tickers and bucket shops are gone. The people are not. Now you can keep the whole story in one hardcover made to last.
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Stories inside
The book is a string of true-sounding stories, full of brokers, tipsters and old-timers. Here are four of them.
An old customer the office called “Turkey” Partridge answered every tip with the same line. A tipster begged him to sell and buy back lower. He refused: “You know, it’s a bull market!”
It took the young narrator a long time to understand him.
Chapter V · page 66
On holiday in the spring of 1906, he walked into a broker’s office on the Boardwalk and felt he had to sell Union Pacific. There was no news. His friend thought he was crazy. “I don’t know why I want to sell it. I only know I do want to.”
Then came the news from San Francisco.
Chapter VI · page 76
A book agent got past every guard into his private office. Minutes later he had signed “a contract to take a set of Scott’s works for five hundred dollars.” He did not want the books.
“Why,” he said consolingly, “I sold J. P. Morgan a set.”
Chapter XII · pages 152–154
One Tuesday a friend stopped him on the way to the office: had he seen the World this morning? The front page said he had cornered July cotton.
“Why the World published it I cannot tell you. I never knew.”
Chapter XI · page 146
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Look inside
Real pages from the book, exactly as they're printed. Tap a page to read it.
“I went to work when I was just out of grammar school.”
Chapter I · page 7
“You know, it’s a bull market!”
Chapter V · page 66
“I don’t know why I want to sell it.”
Chapter VI · page 76
“I sold J. P. Morgan a set.”
Chapter XII · page 154
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What's inside
320 pages. All 24 chapters, in Lefèvre's own words, with clear type and a real table of contents.
The book · 1923
Edwin Lefèvre
From a fourteen-year-old chalking prices on a quotation board, through the bucket shops of New England, the Panic of 1907, a ruinous year in cotton, years of debt and a slow climb back. Along the way: tipsters, brokers, book agents, old-timers and the great operators of the age. The text follows the 1923 first edition, checked word by word against a scan of a printing made from the original plates.
“The game taught me the game.”
Chapter III · page 37
Plus a new introduction
A short essay written for this book: who Edwin Lefèvre was, who Jesse Livermore was, and why the book is still read a century later.
Plus a free Reader's Guide
A 21-page PDF: the real people the book names, a glossary of old Wall Street words like “bucket shop” and “call money,” a timeline, and every chapter in brief.
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"Can't I read it free online?"
The text is a century old, so you can find it online. But this is a book people reread, underline and lend to a friend. It belongs on a shelf, not in a browser tab.
A sturdy hardcover, about the size of a classic novel. Made to keep.
Soft, warm paper that is easy on your eyes.
Clear, classic type in a comfortable size, with roomy margins.
Deep navy blue, with a gold ticker-tape machine and city skyline printed on it.
A lovely gift, too. Each copy is printed just for your order and shipped free to any address you choose.
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Photos are renderings of the finished book. The cover is matte. The gold design is printed in ink: it is not shiny metal and it is not raised.
With every hardcover
The complete 1923 text + a new introduction, 320 pages.
The whole book on your phone, tablet or computer. Start reading tonight, while your hardcover is printed.
Who's who (the narrator, the author and the real people the book names), a glossary of old Wall Street words with a line from the book for each, a timeline of the events, and a short summary of every chapter. History and context only, not financial advice.
Short lines from the book in navy, cream and gold, sized for your lock screen. Each line is word for word from the 1923 text.
Emailed to you within 7 days of your order.
Printed locally in the US, UK, Canada and Australia.
If your book arrives damaged or misprinted, tell us within 30 days and we replace it free.
The digital copy, Reader's Guide and wallpapers are downloads you get right after you order. Each one is also sold on its own at the price shown.
Questions
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Our promise to you
Take a full year with it. If it's not for you, email us within 365 days of delivery and we'll refund your full payment. Keep the book and the bonuses.
Just email support@newthoughtarchive.com. That's it.
Total value: $112.75
Today: $54.95
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