Low for 2022 is in....
- Thread starter Rickshaw Man
- Start date
Jesse Livermore lived a volatile life. His estates & other assets he left his family is said to be worth $5M in 1940, in today's terms that is about $102M. At least he lived big & went out with a bang & not a whimper.
Jesse Livermore’s daughter-in-law gave a fascinating interview in 1990 for a documentary about the crash of 1929. Here’s part of what she said:
“They had a beautiful place on 76th Street in Manhattan on the West Side, off Central Park. They had a floor at 813 Fifth Avenue because Dorothea did not like to go to the West Side to change her clothes. They had a house in Great Neck. They had a summer house in Lake Placid. They had a house in Palm Beach. They had a private railroad car, two yachts – the only yacht that was bigger was J. P. Morgan’s. And they used one of them, the big one, very frequently when they went to Europe. They lived very comfortably.”
“Jesse Livermore had a ticker tape in every home that he owned, on his railway cars, on his yachts.
“They had several Rolls Royces, lots of chauffeurs. They had a staff of about 20 or 25 and in each place, in each house, see, and with the exception of Dorothea’s personal maid, they did not take their staffs with them. They simply kept them year-round in all their establishments.
“Oh, they lived. They really lived… Mrs. Livermore was a spender. And, of course, she loved to buy. She spent her days buying and buying and buying…””
Jesse Livermore’s daughter-in-law gave a fascinating interview in 1990 for a documentary about the crash of 1929. Here’s part of what she said:
“They had a beautiful place on 76th Street in Manhattan on the West Side, off Central Park. They had a floor at 813 Fifth Avenue because Dorothea did not like to go to the West Side to change her clothes. They had a house in Great Neck. They had a summer house in Lake Placid. They had a house in Palm Beach. They had a private railroad car, two yachts – the only yacht that was bigger was J. P. Morgan’s. And they used one of them, the big one, very frequently when they went to Europe. They lived very comfortably.”
“Jesse Livermore had a ticker tape in every home that he owned, on his railway cars, on his yachts.
“They had several Rolls Royces, lots of chauffeurs. They had a staff of about 20 or 25 and in each place, in each house, see, and with the exception of Dorothea’s personal maid, they did not take their staffs with them. They simply kept them year-round in all their establishments.
“Oh, they lived. They really lived… Mrs. Livermore was a spender. And, of course, she loved to buy. She spent her days buying and buying and buying…””
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I don't think people get just how much money this dude made trading...it is reported that he made $100 million on the crash of '29...that's roughly equivalent to $1.7 billion today. I know I have a bit of an obsession with him (I've listened to the Reminiscences audiobook now about 13 times), but he deserves the hype and will forever be listed among the best.
He died owing millions. He is no better than any of us. Stop putting him up on a genius-trader pedestal. The best traders know how to hold onto their gains, not lose them all. Stock Operator BS. Really? 1930 to 1950s? Different worlds. Enough about Livermore!
Yea he wasn't really shit I guess...most ET.COMers would have done better if they had lived back then...
lmao you must be smoking crack with Hunter.
How many times outside of his book have you heard the the term "Stock Operator"? The guy was nailed on insider trading at least once that I can recall in reviewing his life.
The fucking guy was a snake! He wrote a book on something, he made money, he lost money, and everyone treats this guy as a TRADING GOD!
How much money has anyone here ever made using his trading methods, which were illegal?
HOW MANY?!?!? SHOW OF HANDS YOU FAKE COCKSUCKERS!
Nobody. Your trading deities are Satan, because they are all FALSE and hang themselves or shoot themselves in the head. Fer crying out loud!
Hunter's got his own way of being rich. You may disagree with his style but you have to admit... he's got some. Please, Have some respect for the smartest man poopy knows and if we play our cards right, the next potus! He'll open the books and show 'em to ya. He don't give a shit. What are you gonna do about it?
Hunter's a honeybadger. Honeybadger don't care. Honeybadger don't give a shit! Hail Honeybadger!
Sounds like you've put down the pipe and picked up the bath salts lmao.
- Stock Operator
Language! What kinda guy are you!
My Stars! Soros just spit out his false teeth!
While he runs out to get some fixadent,
Anymore language for Gretta?
Do you ever get to Edinburgh, Sarge?
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