Wall Street Stories: Introduction by Jack Schwager (BUSINESS BOOKS) - Tapa dura

“Lefèvre provided me with a goal when I wrote my first Market Wizards book... to write a book that would emulate the spirit of Lefèvre's work in maintaining truth and relevance many years after it was written.”
-from the Foreword by Jack Schwager

The book that launched Edwin Lefèvre's literary career, Wall Street Stories is considered by many to be his most memorable work, second only to Reminiscences of a Stock Operator, his classic fictionalization of the life of Jesse Livermore. Published to great critical acclaim in 1901, Wall Street Stories is a literary romp through the habits and customs of Wall Street. Like all of Lefèvre's fiction it is firmly rooted in the facts as he knew them both as a top financial journalist and a successful investor, and, as was his style, many of the fictional characters in the stories are thinly-veiled portraits of well-known Wall Street personalities such as James R. Keene, Elverton R. Chapman, Roswell Pettibone Flower, and Daniel Drew-names as familiar to the public in their day as Warren Buffet, George Soros, and Julian Robertson are today.

But the charm of the eight tales in Wall Street Stories isn't just in their ability to convey a sense of life in a bygone era. It comes from the timeless insights they offer into human nature warped in the crucible of the stock market. Each of these witty tales of still resonate with poignancy and simple authority.

Timeless Wit and Wisdom on the Birth of Modern Wall Street

“Lefévre's lessons on this subject are state of the art-and he provides lots more fun at the same time. His stories are a delight.”
-Peter L. Bernstein, author, Capital Ideas Evolving and Against the Gods

“Wall Street Stories is as relevant today as they were over a century ago. Lefévre's descriptions of investor behavior are now the standard lessons of behavioral finance.”
--Burton G. Malkiel, author, A Random Walk Down Wall Street, 9th Edition

“Wall Street Stories, Edwin Lefévre's collection of masterful short stories, is a box of rare financial bon bons; I guarantee you won't be able to eat just one.”
--William Bernstein, author, The Four Pillars of Investing and Birth of Plenty

“More than a century after he first crafted these insightful parables of fear and greed, Edwin Lefévre'sWall Street Storie continues to furnish investment lessons and wisdom that are as priceless, timeless, and peerless today as they were when American capital markets first emerged onto the global stage.”
-David M. Darst, author, The Art of Asset Allocation, Second Edition

“Markets are driven by the law of supply and demand and human nature (hope, fear, and greed) which doesn't change.Wall Street Stories tells you about stock pools and human psychology on daily display.”
-William J. O'Neil, Chairman & Founder, Investor's Business Daily and www. investors.com