“There’s time to go long, time to go short, and time to go fishing” -best quote ever
@k.61602 жыл бұрын
Thanks for highlighting one of the most famous and interesting traders ever. Tragic story but interesting.
@TopherKarant2 жыл бұрын
The Jesse Livermore story is my favorite on wall street. Reminiscences of a Stock Operator is top 3 favorite books
@kedarbikkannavar5907 Жыл бұрын
What are the other two books which come under your top 3?
@clementlungu59928 ай бұрын
Maybe probably Market Wizards and Intelligent investor as they one of the hot books in finance, and I also personally give much respect to The alchemy of finance although it's a hard book to grasp...
@tyrone69872 жыл бұрын
Key takeaways: 1. Traders like numbers and have above-average pattern recognition. 2. No one escapes from Dunning-Kruger effect. 3. Learn from mistakes to achieve enlightenment. 4. Don't use other people's playbook. 5. Be observant, there are leading indicators everywhere if you just pay attention. 6. When you/others are euphoric, sell/short. 7. Marry and be faithful to your wife, not to Ms. Leverage. Do the opposite and you'll ruin your life. 8. Don't ignore early sign of mental illness like depression.
@sleepless25412 жыл бұрын
that's one hell of a rollercoaster of a story
@thegeneralist75272 жыл бұрын
Great story. It is important to remember that you can learn more from your failures than your successes.
@billbo97612 жыл бұрын
A smart man learns from his failures. A wise man learns from other people's failures.
@AL_THOMAS_777 Жыл бұрын
@@billbo9761 🙌 👏 🙏 🤝 👍
@dasfahrer81872 жыл бұрын
Reminiscences is still my favorite stock book to this day.
@LetsbeYannis2 жыл бұрын
These videos add a lot of value and the Livermore twist video is great to get some context in history. Thanks for the video or better, Tack.
@alfonsodavidson65492 жыл бұрын
The Balance between Financial Goals and Personal Goals is unbelievable difficult for many people in humanity. You also have to put in it spirituality [Spiritual Goals] The life of such a great trader but the heart of man who faced many challenges and obstacles he eventually couldn't overcome. Sad but truly a lesson i'll take for the rest of my life.
@nelsonmachado76806 ай бұрын
The main problem about livermore he used to live spending lots of money, saving no money at all, and sometimes the market turns against you.
@m0rtal_hax2 жыл бұрын
i overheard to gentleman ( about in their 50's-60's ) talking about how we should all just spend as much money as we can and enjoy life before the nuclear bomb goes off. It just made me realize how the system we live under uses FEAR as one of their biggest tools, and it ironically takes away one of our tools "money".
@webentwicklungmitrobinspan69352 жыл бұрын
thats the issue most people have. spending more money shouldn't be fun! After all, the best things in life are free.
@AL_THOMAS_777 Жыл бұрын
🙌 👏 🙏 🤝 👍 made my day sir . . . -> vox populi - vox dei !
@AL_THOMAS_777 Жыл бұрын
@@webentwicklungmitrobinspan6935 🙌 👏 🙏 🤝 👍 yes they are FREE !!!
@Zero_Zero_Zero_Zero2 жыл бұрын
Man I love this channel. Always good info and never an agenda. Thank you.
@dandon.007 Жыл бұрын
Best of the best videos I've seen for longest time.
@dependra72 жыл бұрын
The best story teller out there
@tulipmania49232 жыл бұрын
Great video Please keep making these !
@NYsunIN2 жыл бұрын
I finished reading "`Boy Plunger" yesterday and indeed history of Jesse is fascinating, yet tragic. But those wealthy years he and his family had, you can't take it from him, at least for a while he felt like investing God. Fun fact: Porn star Brandi Love is Livermore's granddaughter Weird fact 1: Livermore, Livermore junior and Livermore III, so father, son and grandson, they all committed suicide Weird fact 2: Livermore's last wife had 4 husband before, and all of them committed suicide, Livermore was fifth.
@woodyworld93412 жыл бұрын
5 Husbands suicided, clearly a true bitch witch.
@loremipsum36252 жыл бұрын
Damn that's crazy
@McCov12 жыл бұрын
How many googled Brandi Love? 😅
@rimtasvilnietis2991 Жыл бұрын
This is insane
@tenhundredlies3442 Жыл бұрын
'Suspicious'
@daniellane8565 Жыл бұрын
When you read a story like Livermores, its hard not to believe that he was both a victim and a winner of pure probability, got wiped out three times, then got rich and then got wiped out again...... he was not a good trader but a person who was willing to push the boundaries when he was right........ most billionaires have made gambles at times in their career that would have broken them, but you dont hear the stories about the attempted billionaires who lost you only hear about the winners.... its survivorship bias. If enough people attempt and fail someone eventually wins, its no different than a person who wins the lotters.
@adriandacruz90182 жыл бұрын
The market technician is born! Amazing
@Groux5042 жыл бұрын
My favorite Story Fam. Appreciate this
@akshaykumar-yk2ri2 жыл бұрын
Extraordinary story ! It just reassures me that Buffet's ways are not the best neither the fastest. But it sure will get to the promise land.
@AL_THOMAS_777 Жыл бұрын
Ha ha ha brother, the REAL promised land is S h a m b a l a . . . nothing to do with money, gambling, speculation, sex . . .
@codyshafer57062 жыл бұрын
Favorite page ever
@aGr3atD4y Жыл бұрын
Wow, what a fascinating life Livermore lived. It really shows you all the good and bad, how to make a comeback, and then fuck up again. Its sad, but its incredible lessons!
@pmbboc2 жыл бұрын
Excellent video very well done!! Thanks specially like the suspense you created at the start.
@edbutzwiggle42272 жыл бұрын
Incredible ! Thanks
@cchrist582 жыл бұрын
Great Vlog & Great Info !!.......... bless
@gabrielortizb2 жыл бұрын
Great video, thanks!
@jakubczekaj8328 Жыл бұрын
Your videos are so entertaining and yet sooo educational ;D
@ultimatefelix2 жыл бұрын
Wonderful video! More JL please
@SouleymaneDiallo-b2q22 күн бұрын
Jesse Livermore
@DougBrasier_guitar2 жыл бұрын
Marvellously presented as usual. Its a fascinating story and a lesson to all investors. Yes i agree with Das Fahrer: "Reminiscences" is still my favorite stock book to this day.
@quokkapirquish6825 Жыл бұрын
Fantastic and interesting story that is well presented and enjoyable. Thank you!
@dejvan93002 жыл бұрын
Väldigt intressant! Bra berättat, bra jobbat! 🙂
@HeThinksThatIThink2 жыл бұрын
@The Swedish Investor welcome back. Hope your portfolio is set up the way you like it right now 😉
The book is great just very depressing at the end. Lot learning
@whatisheartscont2be6452 жыл бұрын
The original stock market degenerate. But truly a tragic story.
@gerard74712 жыл бұрын
Glad to see you're back on video making. He definitely had an interesting life - my takeaway is, why risk it all to make more money once you're already rich... no sense. Hope all is good with your portfolio - this has been a tough year for all of us honestly, but the tide will eventually turn, as it always does.
@benjaminlegeard31902 жыл бұрын
It's like Buffett syas, rational people don't risk what they have and need for what they don't have and don't need
@Iquey2 жыл бұрын
It seems like he felt like mastering numbers was his whole life. Not much in the story about what he did for fun outside of trading, except for sailing and fishing. ...maybe he was on the autism spectrum since those seem like hobbies that allow you to restore your thoughts in solitude and low stress processes, while his trading work was his high stress processes. In his chapter with Dorothy though, he at least started a small family.
@rafref Жыл бұрын
If you want to understand why risk your money when already rich, you should understand what is capital and what is money. My English is bad sorry but if you understand "capital" and "money" you get why they invest.
@anthonycaccia2671 Жыл бұрын
He did it for the same reason he almost cornered the cotton market: because he could, for the love of the game.
@sybentley66756 ай бұрын
When too much is never enough.
@nelliemillan46272 жыл бұрын
When u are born inteligent foe one thing but not for others ur life gets complicated. Not worth it but each person has a mind of its own & pay consequences accordingly . Great story I enjoyed it very much .
@Mri8812 жыл бұрын
16.11 do u have the full video link
@rollsroy91672 жыл бұрын
Jesse Livermore is a stock speculator not an investor. Why are you reviewing his life in your channel?
@shiverrmetimberss Жыл бұрын
What about Jacob Little??? He was the true great bear
@ashariariya65162 жыл бұрын
what a great takeaways
@pablopipipopo2 жыл бұрын
Don't ask me why, but i love the video of water spilling over. 10:38 😂 cereal life
@shangobashi2 жыл бұрын
Excellent. You need to watch "The Money Masters" (1996) if you haven't yet; it's on youtube.
@melophoga2 жыл бұрын
Did he go broke or did they break him.
@saketkirtiwar98922 жыл бұрын
Kindly make video on Japnese Stock Market, how it remain flat for 30 years, what is changing meaning of inflation in modern day world
@Devcrown-nv6by7 ай бұрын
There’s a city named after him in the Bay Area.
@LeadersEatLast Жыл бұрын
Greek Tragedy Indeed.🎭
@ivantirtakusuma2 жыл бұрын
The root of my trading system that brings me 30%+ every year is from Jesse Livermore's wisdom. I read Reminiscences of stock operator 4 times to grab his message. For me he is the GOAT in trading industry.
@jayantchoudhary87032 жыл бұрын
Can you give a glimpse of that lesson which you took away from him. It will be of great help for beginner like me
@ivantirtakusuma2 жыл бұрын
@@jayantchoudhary8703 One of his wisdom is "It never was my thinking that made the big money for me. It always my sitting". From this word I understand that I must have bigger guts to hold my winning position, not to cash in profit too early. Another wisdom "He must fear that hiss loss may develop into a much bigger losses, and hope that his profit may become a big profit". From this saying, I learn to cut losses as efficient as possible and hold winning position until the trend bends.
@jayantchoudhary87032 жыл бұрын
@@ivantirtakusuma Thanks for this valuable lesson. I will definitely try to include this lesson in my psychology
@ac123452 жыл бұрын
Reminiscence of a stock trader?
@TheSwedishInvestor2 жыл бұрын
Yep, much of the info comes from that book + Jesse Livermore - World's Greatest Stock Trader by Richard Smitten. + something from Jesse's own book.
@Larry82ch2 жыл бұрын
Yes, "Reminiscences of a Stock Operator" by Edwin Lefevre. Puzzeling to me why he isn't crediting the book.
@sebfox21942 жыл бұрын
@@Larry82ch He does credit the book in the description.
@safetyfirst24172 жыл бұрын
avoid triple L: liquor, ladies and leverage
@AL_THOMAS_777 Жыл бұрын
...🙌 👏 🙏 🤝 👍
@sp-ye7ht Жыл бұрын
I should say.. This was no short than watching a movie biopic.. very beautifully made video..👍 i would wish you be also called "the swedish trader",😊 so that we can get some very beautiful animated series on traders & trading strategies & trading books.. What say.. Please give a thought about this..
@oguz402 жыл бұрын
I felt like I was watching a movie, well done :)
@Fret-knot2 жыл бұрын
That was a fantastic and obviously a lot of work went into the making of that. Brilliant! 👍🏼
@TheSwedishInvestor2 жыл бұрын
Many thanks Simon JC!
@21Blockboy2 жыл бұрын
Up ,up and up.
@ricosuave6662 жыл бұрын
Great video. Have a like!
@Arsdentrepair2 жыл бұрын
Easy come easy go
@jeremymeyer55522 жыл бұрын
Imagine having 100 million dollars and not flipping long and slowly averaging in.
@nomcognom23322 жыл бұрын
A legend. His style is way too agressive to me, I prefer Darvas approach instead.
@G311X2 жыл бұрын
“There is time to go long, time to go short and time to go f*ck.”
@Lifeofhuggs2 жыл бұрын
I miss the music 🥲
@JaredFarrer2 жыл бұрын
wait this video says he was a trader? Trading didnt begin until 1970s
@kathieharine598210 ай бұрын
He never recovered after 1934 because many of his methods were made illegal when the Securities and Exchange Commission was set up by the FDR administration.
@maxb59572 жыл бұрын
Max was here
@jimwilcox946 Жыл бұрын
I believe "JL" stands for his first and middle name Jesse Lauriston Livermore.
@nigelmarverrick9062 жыл бұрын
A Gambler living life on edge!!!
@AL_THOMAS_777 Жыл бұрын
🙌 👏 🙏 🤝 👍HARD gambler !!
@karunadasimhavlogs16932 жыл бұрын
Love from karnataka India 💞😍😍💪🏻🇮🇳🇮🇳🇮🇳🇮🇳
@stlouisix32 жыл бұрын
Legendary😄
@jacquelinedimattia7742 жыл бұрын
Such an interesting story
@ada7831 Жыл бұрын
Perhaps he leaked discipline needed for trading, since he wiped out so many times…now days there are many concepts on this issue, then might have not!
@mbotsaris2 жыл бұрын
Thank you for your videos, would you mind making a video comparing Nexans and Prysmian stock. They are leading companies in high voltage cable. I would love to hear your opinion on them
@padmakarbiradar54022 жыл бұрын
Love from 🇮🇳
@jajatsudrajat63312 жыл бұрын
I love all of your video, I need to know everything about value investing and fundamentals analysis
@MrEdavid4108 Жыл бұрын
24:48....🤣🤣🤣🤣😂😂😂😂😂😂🤣🤣
@Connor-vj7vf2 жыл бұрын
19:40 I feel attacked
@TheSwedishInvestor2 жыл бұрын
😂
@f86tune482 жыл бұрын
Can you please please please do a video on Hetty Green, she is such a interesting contrarian investor but all the videos on her are boring.
@YassoKuhl2 жыл бұрын
This is just to tell you that the changed thumbnail and title did not prompt me to watch, but my timeschedule did. Thanks for the vid!
@TheSwedishInvestor2 жыл бұрын
Hehe, thank you YassoKuhl for the info! I'm going to switch around a couple of times so hopefully, such things will even out. One definitely has to take timeschedule into consideration when deciding on the performance of the thumbnail + title!
@YassoKuhl2 жыл бұрын
@@TheSwedishInvestor Wait, you're the real one, not some spam bot trying to ship some shady investment advisor?! Mind blown! 😃
@Heroisharo10 ай бұрын
If this doesn't prove that trading is majority physiological, I don't know what will. Its 100% user error and if you're not in control of your mind then you'll be like the rest. Thats what i got out of this video
@nikosmihos2 жыл бұрын
Many of these stories can be found on book "reminiscences of a stock operator" a nice reading that I enjoyed lately. Thanks Swedish investor for making this video, it was a nice recap enriched with some personal info that I wasn't aware!
@TheSwedishInvestor2 жыл бұрын
Cheers nikosmihos! Yep, much of the info comes from that book + Jesse Livermore - World's Greatest Stock Trader by Richard Smitten. + something from Jesse's own book.
@webentwicklungmitrobinspan69352 жыл бұрын
Nice renaming, i saw this Video a few days ago and thought to myself: Nah, i read his book and studied his trades, i dont need to watch this video. Then i saw the new title and thought: interessting, the viewpoint of a great bear could be valueable.
@thegamerboneless2864 Жыл бұрын
I do t care what anyone says, strategy is important. Very important, but you also need some luck, to be in right spot and right time, and recognize opportunity. Many of these men are no different then anyone else, they just figured out the tempo, with a splash of luck😂… if you lose has much capital as this man, a lot of it was gambling along with his strategy, I think if he just ignored his emotions a bit more, he may have been good..
@Iburn2472 жыл бұрын
Awesome!!
@michaelojochegbesamson90192 жыл бұрын
Thanks for this storyline you are the best ,such a tremendous story.
@TheSwedishInvestor2 жыл бұрын
Glad you enjoy it Michael ojochegbe Samson!
@wiskasIO Жыл бұрын
I like happy endings so I gonna stop watching at 22:10 🤣
@3EBstudio2 жыл бұрын
What the heck?
@tyrone69872 жыл бұрын
J.L.'s life is a roller-coaster of greed.
@williamfrederickiversen3588 Жыл бұрын
📈📉📈📈📉📈📉📈📉📈📉📈📈📉📉📉📉📉📉📉📈📈📈📉📉📉📉📉📉
@diegomark98762 жыл бұрын
a true degen that is making wsb pale in comparison
@antoniolin.5612 жыл бұрын
Who has not accepted the Lord Jesus yet, pray like this Lord God, I come to You, as a sinner that I am, in the name of Jesus asking you for forgiveness for my sins. Forgive me, Lord, my sins. Help me to improve, I can't do it alone. Free me from all evil, because I want to walk in your presence seeking to do good. Make all things new in my life that you don't like I ask you to come into my life so I can have eternal life that comes after this life that the Lord has given me. and have the salvation not to suffer eternally. Amen to the God who made me and loves me. We love because he first loved - Bible ... We will repent of evil and do good. We will regret it and come to God bearing the fruits of repentance, as it is written: Produce fruit, then, in keeping with repentance. Matthew 3:8
@samcurran81242 жыл бұрын
Great story 🤠. Can you make video on A.I trading.
@thebandofbastards49342 жыл бұрын
The ancestor of the wallstreetbets degenerates.
@Acid313372 жыл бұрын
🌈🐻
@loveu10092 жыл бұрын
Long time Mann....
@TheSwedishInvestor2 жыл бұрын
Feels good to be back! 😁
@jantarai3622 жыл бұрын
Please make vedio on forex trading raleted success history and also strategy
@raychows77122 жыл бұрын
Pigs get slaughtered in the stockmarket
@benjomoreno139123 күн бұрын
These why most people who trade lost their money. Why? Look at this one. They idolized and celebrated jessie levermore, a person who blowded his trade account mulitple times. Until he blowned his head end the end! The guy is a loser!
@rollsroy91672 жыл бұрын
There is no lesson about investing here. He is a speculator not an investor
@hashishdalbeda21692 жыл бұрын
Do you have any idea what was the average leverage of the guy? How to find this information please help
@jeremymeyer55522 жыл бұрын
When he started out he was doing options so probably 100 percent. Then he started shorting hard to calculate the leverage of each trade. Then he was doing futures or going long. If you are a young guy it's better to buy the index than try some crazy trades.