Part 1/8:
The Rise and Fall of Jesse Livermore: Wall Street's Greatest Trader
On October 28, 1929, as the stock market plummeted into a chaotic frenzy, one individual watched calmly from his office. That man was Jesse Livermore, a trader known for his uncanny ability to predict market movements and for his storied career that spanned decades filled with staggering successes and devastating failures. As millions faced financial ruin, Livermore reaped an unimaginable profit, making $100 million that year—a sum equivalent to $1.8 billion in today's economy. His legacy, however, is as much about the mythos of fortunes made as it is about the tragedy of fortunes lost.