[vajrabum]

Supposedly this is a roman a clef about Jesse Livermore's career. There's a lot of stuff in this book that makes sense of markets in ways that pretty much no other investing book I've ever read does. Some what I remember are bucket shops, tape sense, marketing campaigns for new stocks, risk of ruin (Livermore went bust over and over), and what amounts to compulsive gambling.

[zdc1]

Honestly, nothing's changed. It's more modern; but otherwise all the same.

[intalentive]

A big difference is central bank intervention. In the most recent Market Wizards book, the biggest gains came from traders who traded CB announcements and rumors.