JESSE LIVERMORE, BOY PLUNGER: The Man Who Sold America Short in 1929
In the summer of 1929, most people believed that the stock market would continue to rise forever. One man disagreed and started a process that would see him sell $450 million worth of shares short. Two weeks later, the market began fluctuating for no apparent reason. From the 24th to the 29th of October, Wall Street lost $30 billion. Jesse Livermore made nearly $100 million and overnight became one of the richest men in the world. Photos.
Publishing status: Current
Item #: 5764874
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