Reminiscences of a stock operator

What Hacker News says

1. sjbzbeiksSep 2026
   yeah I mean it just depends on time horizons, if you bought at 117k you are hurting now if you need the money ASAP.

   Also, I gotta say I do not think Bitcoin is a bubble or whatever (IMO a real value there), but really this sort of site makes it seem like it is a bubble with the sort of "blind to history" boosterism.

   Go read Reminiscences of a Stock Operator, or Market Wizards series, Extraordinary Popular Delusions and the Madness of Crowds, or any number of books about financial history and there are endless people saying 'it will never die and all the doubters are just wrong' before any big market crash.

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2. romesmokeAug 2025
   This summer I got my PhD in computer engineering. I have saved enough money to survive the next 6 months unemployed. I want to invest that time in serious preparation to become an algorithmic trader. If I manage to make consistent money, I'll stick. Else I'll apply to hedge funds/prop shops.

   Current reading list arranged by topic below. Any further suggestions/advice? Thanks!

   Culture: The Man Who Beat the Market, A Man for All Markets, Market Wizards, Reminiscences of a Stock Operator

   Finance basics: CFA Prerequisites, Trading & Exchanges (Larry Harris), Wilmott, Hull

   Mathematics: Chris Bishop's books (ML/DL/probability), E. T. Jayne's book, David Mackay's Information theory book, Shreve's Stochastic Calculus books

   Algo trading: Robert Carver, Ernest Chan

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3. jnordwickOct 2024
   Try 1910's. Reminiscences of a Stock Operator describes Jesse Livermore collecting unique public data on shops and use for trading. The founder at my first trading job gave me this book to read, and I am eternally grateful.
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4. pmoriartyNov 2022
   Speaking of investments, I really enjoyed Reminiscences of a Stock Operator.
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5. cognaitivDec 2021
   Reminiscences of a Stock Operator by Edwin Lefèvre (1923). Inspired by the life of stock trader Jesse Livermore in the late 1800s to early 1900s. The narrator starts trading in bucket shops (antique equivalent of Robinhood), makes and loses several fortunes through various (often less than honorable) financial escapades. Was inspired to read this by the GameStop situation and was not disappointed.
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6. anonuAug 2021
   Highly suggest reading "reminiscences of a stock operator". Which I'm guessing was written about 100 years ago about punting and gambling in the stock market...

   What you'll notice is "plus ça change, plus c'est la même chose"... It's all self similar. The same concepts and patterns back then are the same concepts that people chase today.

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