Chapter 19: Market Timing - When to Hold and Fold
Chapter 19 of Reminiscences with audio narration
The Antediluvian
Chapter 19
Chapter XIX I do not know when or by whom the word “manipulation” was first used in connection with what really are no more than common merchandising processes applied to the sale in bulk of securities on the Stock Exchange. Rigging the market to facilitate cheap purchases of a stock
Chapter 18: Tips and Manipulation - Trust No One
Chapter 18 of Reminiscences with audio narration
Chapter 18
Chapter XVIII History repeats itself all the time in Wall Street. Do you remember a story I told you about covering my shorts at the time Stratton had corn cornered? Well, another time I used practically the same tactics in the stock market. The stock was Tropical Trading. I have
Chapter 17: Stock Pools - How the Game is Rigged
Chapter 17 of Reminiscences with audio narration
Chapter 17
Chapter XVII One of my most intimate friends is very fond of telling stories about what he calls my hunches. He is forever ascribing to me powers that defy analysis. He declares I merely follow blindly certain mysterious impulses and thereby get out of the stock market at precisely the
Chapter 16: The Wheat Campaign - Another Corner
Chapter 16 of Reminiscences with audio narration
Chapter 16
Chapter XVI Tips! How people want tips! They crave not only to get them but to give them. There is greed involved, and vanity. It is very amusing, at times, to watch really intelligent people fish for them. And the tip-giver need not hesitate about the quality, for the
Chapter 15: Risk Management - Protecting Your Capital
Chapter 15 of Reminiscences with audio narration
Chapter 15
Chapter XV Among the hazards of speculation the happening of the unexpected--I might even say of the unexpectable--ranks high. _There are certain chances that the most prudent man is justified in taking--chances that he must take if he wishes to be more than a mercantile mollusk._ Normal
Chapter 14: Information Edge - Sources and Secrets
Chapter 14 of Reminiscences with audio narration
Chapter 14
Chapter XIV It has always rankled in my mind that after I left Williamson & Brown’s office the cream was off the market. We ran smack into a long moneyless period; four mighty lean years. There was not a penny to be made. As Billy Henriquez once said, “It