LEGEND

The Life of Jesse Livermore

The father of modern trading built and lost several fortunes over his career, famously shorting the 1929 crash for what would be worth over $3 billion today, only to lose it all again in the years that followed.

Jesse Livermore

Launch
1877
Death / Exploit
1940
Total Loss
Fortune rebuilt and lost 4 times

Livermore made and lost multiple fortunes, most famously profiting enormously from the 1929 crash before later losses and personal struggles led to his death by suicide in 1940.

Lesson

Patience and discipline beat prediction — but even legends aren't immune to their own worst habits.

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