Jesse Lauriston Livermore, Date of Birth, Place of Birth, Date of Death

Jesse Lauriston Livermore

American businessman

Date of Birth: 26-Jul-1877

Place of Birth: New York City, New York, United States

Date of Death: 28-Nov-1940

Profession: financier

Nationality: United States

Zodiac Sign: Leo

Jesse Lauriston Livermore (July 26, 1877 – November 28, 1940) was an American stock trader.
He is considered a pioneer of day trading and was the basis for the main character of Reminiscences of a Stock Operator, a best-selling book by Edwin Lefèvre.
At one time, he was one of the richest people in the world; however, at the time of his suicide, he had liabilities greater than his assets.In a time when accurate financial statements were rarely published, getting current stock quotes required a large operation, and market manipulation was rampant, Livermore used what is now known as technical analysis as the basis for his trades.
His principles, including the effects of emotion on trading, continue to be studied. Some of Livermore's trades, such as taking short positions before the 1906 San Francisco earthquake and just before the Wall Street Crash of 1929, are legendary and have led to his being regarded as the greatest trader who ever lived.