Reminiscences of a Stock Operator: With New Commentary and Insights on the Life and Times of Jesse Livermore (Annotated Edition)

Category: Americas
Author: Edwin Lef?vre, Jon D. Markman
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by calpaterson   2017-08-19
This is just what stock exchanges were like in the 19th and maybe early 20th centuries. Reading "Reminiscences of a Stock Operator" which covers the period ~1890s-1920s I was stunned by how common (relative to now) inside trading, price manipulation and short squeezes were.

Most of these are now prohibited which I'm sure doesn't eliminate them but it makes them much less common - short squeezes in particular are now very very rare. BTC markets obviously won't have any restrictions.

Amazon link for anyone interested in the book (make sure you get the annotated edition):