What is Jesse Livermore's net worth?

Jesse Livermore's estimated net worth is $100 Million (1929). This wealth was accumulated through their successful momentum growth strategies.

What books has Jesse Livermore written?

Jesse Livermore has authored several books on trading and investing, including: How to Trade in Stocks.

Jesse Livermore

Q: What are Jesse Livermore's most famous quotes?

One of Jesse Livermore's most famous quotes is: "There is nothing new in Wall Street. There can't be because speculation is as old as the hills.". This reflects their core philosophy on trading and markets.

The Greatest Stock Speculator Who Ever Lived

Momentum Growth

$100 Million (1929)

American

Jesse Livermore

Momentum Growth

Key Stats

Net Worth

$100 Million (1929)

Origin

American

Lifespan

Born 1877 (149 years old)

Biography

Jesse Lauriston Livermore is considered by many to be the greatest stock trader who ever lived. Starting with nothing, he made and lost several fortunes, with his peak net worth of $100 million in 1929 (equivalent to $1.5 billion today). His trading rules and psychology insights remain relevant nearly a century later.

The Boy Plunger

Livermore began trading at age 14 in bucket shops (off-track betting parlors for stocks). By 15, he had made his first $1,000. His uncanny ability to predict price movements earned him the nickname "The Boy Plunger."

Famous Calls

1907 Panic: Shorted the market before the crash, making $1 million in one day
1929 Crash: His greatest triumph, making $100 million shorting stocks before Black Tuesday

Trading Rules

Livermore pioneered many concepts still used today:

Trading in the direction of the overall market
Using pivot points
Adding to winning positions
Cutting losses quickly

Trading Philosophy

"There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again."