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Re: jmkobers post# 4227

Friday, 08/18/2023 9:25:15 PM

Friday, August 18, 2023 9:25:15 PM

Post# of 7752

Hahaha. You couldn't hold Livermore's jockstrap, you asshole.



Wow, can't you handle criticism without resorting to vulgarity? By the way, I wouldn't try to hold anyone's jockstrap but feel free to do so if that is your sort of thing.

Livermore, who is the author of How to Trade in Stocks (1940), was one of the greatest traders of all time. At his peak in 1929, Jesse Livermore was worth $100 million, which in today's dollars roughly equates to $1.5 billion.



You mean he was able to amass a fortune at a time when real information was hard to come by, and when the rules were loose or absent so charlatans could manipulate the markets more easily with wild rumors and margins of as much to 90% could be used. That is what lead to the stock market crash of 1929. That might have been why Livermore kept going bankrupt. You know who never went bankrupt? It is Warren Buffett.

Easy come, easy go, but he was a unique, ingenious, rare talent

So were Charles Ponzi and Bernie Madoff.
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