One mile from where i live is Jesse Livermore's summer home and that still remains(on the coast of Maine).
He shot his wife and then shot himself in a murder/suicide in that summer semi-mansion, as it was in foreclosure and his last possession.
He died more than penniless but owing many a great deal of money.
Livermore in his lifetime of trading went from little to Boom to Bust to Boom and than destitution and murder/suicide.
In the final end he lost many people a lot of money.
The book that has made Livermore a legend as the "greatest trader" is bad reporting as , in my opinion, i find Livermore to have been much more a wild gambler than a great trader, and as we know wild gamblers inveritably end up busted and oft times owing others many dollars.
The New York Times rightfully gave the book on "the greatest trader" a "thumbs down" review.
Unfortunately traders have bought the book not knowing the facts, and a fantasy has been accomplished.
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