"After reading Richard 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. His book 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 - CMT Author - Japanese Candlestick Charting Techniques and Beyond Candlesticks
- www.candlecharts.com
"Great writing. The book is terrific. I started reading it when we took off from Seoul's Kimpo Airport on my way to Germany. By the time we reached Novosibirsk, Russia (five and a half hours later) I had finished it. I just couldn't put it down! Not only is it a great lesson in investing and trading but 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 the Livermore survivors and witnesses to the events make it even more interesting."
Mark Mobius-Managing Director-Templeton Asset Management
"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
"It is a terrific story well told. I picked it up last night and couldn't put it down until I finished it early this a.m. The life and times of Jesse Livermore, the world's greatest trader, is an emotional roller coaster. To witness this complex this complex man who is so obviously intelligent, logical, disciplined and driven, repeatedly succeed and fail in the market and marriage is an exciting yet inexpensive way to learn some valuable lesson. If you have any interest in Wall Street, investing, the roaring twenties or the rich and famous of that era, you'll love this book. Certainly today's Momentum Investor will find it worthwhile and perhaps even reassuring."
Richard Egan-Chairman and Founder-EMC Corporation
"This book is a stock market classic! Most entertaining and informative book on the market that I have had the privilege to read in the last 20 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 the reader enthralled from cover to cover. Great book-destined to be a best seller!"
Dan Sullivan-The Chartist--fund manager/investment advisor
"My best comment in reading this book, is a resounding "YES!" First, Dick Smitten has pulled together an incredible text on the life and times of Jesse Livermore, and shed some light on how such a successful speculator could become so depressed as to end his own life - something I have always wondered about. But more importantly, this is the first book to really explain the psychology of winning in the markets, as seen and lived through Jesse Livermore. In my own trading, and my writing on SignalWatch.COM, I try to live and trade by the many jewels of trading wisdom so eloquently explained by Jesse and observers around him. I'm tempted to start quoting them here, but you'll just have to read the book. It's an absolutely MUST READ for anyone who is serious about conquering the markets and - themselves."
Ed Downs-CEO Nirvana Systems-author of SignalWatch.com"
"This book is the standard against which all other books on the stock market will be measured. A riveting American tragedy with more emotional turns than a chart on the Dow, and plenty of detailed substance for the market technician interested in uncovering the methodology of the World's Greatest Stock Trader."
Dennis Kranyak - member Society of Market Technicians
"Worth its weight in gold! It is amazing how simple Smitten makes it all seem. Through his research, he has been able to sift through Livermore's complex (and up to now secret) trading techniques. He then has been able to decipher them for all of us to easily understand and allow us to try and "trade like Jesse Livermore", if we want to. We also get a "best-seller novel" roller coaster ride as we journey through Livermore's incredible life and times. A great feat of writing--articulating a very complex set of "formulas" and a very complex man-and its fun!"
D. Gordon Badger- First Foundation Capital Canada-Founder