人物Edwin Lefevre

Edwin Lefèvre (1871–1943) was an American journalist, writer, and statesman most noted for his writings on Wall Street business. Lefevre was born George Edwin Henry Lefevre on 23 January 1871 in Colon, Colombia (now Republic of Panama), the son of Henry Lefevre (1841-1899), who was for many years the general agent of the Pacific Steamship Company American for Panama; he was born on the Isle of Jersey off the coast of France and emigrated to the United States in his youth. Mr. Lefevre sent his son Edwin to the United States when he was a boy and he was educated at Lehigh University where he received training as a mining engineer. However, at the age of nineteen, he began his career as a journalist and eventually became a stockbroker, as well. Following his father's death, he inherited some wealth and became an independentinvestor; and while living in Hartsdale, New York a collection of Edwin Lefèvre's short stories were published (1901) under the title "Wall Street Stories." This was followed by several novels about money and finance until 1908 when Lefèvre and his wife Martha and their children moved to a country estate in East Dorset, Vermont. It has been claimed that during the 1909-1913 presidency of William Howard Taft, Edwin Lefèvre served as ambassador to a number of countries including Italy, Spain, and France; but this should be verified with the State Department, as other men's names are listed on official websites as holding these posts under Taft. Lefevre did work as a broker on Wall Street and was the financial writer for the New York Sun newspaper. He later returned to his home in Vermont where he resumed his literary work, providing short stories for magazines such asThe Saturday Evening Post and writing novels. Of the eight books authored by Edwin Lefèvre his Reminiscences of a Stock Operator is considered a must-read classic by most anyone involved in the American financial community. The book began as a series of twelve articles published between 1922 and 1923 in The Saturday Evening Post. It is written as first-person fiction, telling the story of a professional stock trader on Wall Street. While published as fiction, it is generally accepted to be the biography of stock market whiz Jesse Livermore. The book has been reprinted in almost every decade since its original publication in 1925, the latest put out by John Wiley & Sons in hardcover and paperback in 1994 which remains in print. It has been translated into the Chinese, German, French, Polish, and Italian languages, amongst others. A George H. Doran Company first edition, even in fair condition, can sell today for more than a thousand dollars. In 1925, Lefèvre came out with a second book about a stock trader, a factual biography with the title "The Making of a Stockbroker." This book was about John K. Wing, a senior partner of Bronson and Barnes, a major Boston stockbrokerage, whose approach to the business provided a contrast to that of Jesse Livermore. On his passing in 1943, Edwin Lefèvre's estate in East Dorset, Vermont (near Manchester) was passed to his widow. Built in 1812, it was the first home in the United States made with marble quarried right on the property. Eldest son, Edwin Lefèvre, Jr. (b. 1902), who too worked on Wall Street, inherited the home and completely restored it in 1968 when he retired there. It is now listed on the National Register of Historic Places. Their second son, Reid Lefèvre (b. 1904), was the founder of the travelling carnival know as the "King Reid Show" and a politician. He was elected to the Vermont General Assembly, serving as a member of the House of Representatives from 1947 to 1959 and the state Senate from 1961 to 1963. Reminiscences of a Stock Operator is a 1923 book written by Edwin Lefèvre which is the thinly disguised biography of Jesse Lauriston Livermore; the Wall Street Journal describes the book as a "classic". A Classic Book on the Art of Speculation First published in 1923, Reminiscences is a fictionalized account of the life of the securities trader Jesse Livermore. The book tells the story of Livermore's progression from day trading in the then so-called New England "bucket shops", to market speculator, market maker, and market manipulator, and finally to Wall Street where he made and lost his fortune several times over. Along the way, Livermore learns many lessons, which he happily shares with the reader. Despite the book's age, it continues to offer insights into the art of trading and speculation. In Jack Schwagers Market Wizards, Reminiscences was quoted as a major source of stock trading learning material for experienced and new traders by many of the traders who Schwager interviewed. The book remains in print as of 2008, ISBN 0471770884. Quote “It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.” “ Old man Partridge's insistence on the vital importance of being continuously bullish in a bull market doubtless made my mind dwell on the need above all other things of determining the kind of market a man is trading in. I began to realize that the big money must necessarily be in the big swing. Whatever might seem to give a big swing, initial impulse, the fact is that its continuance is not the result of manipulation by pools or artifice by financiers, but depends upon basic conditions. And no matter who opposes it, the swing must inevitably run as far and as fast and as long as the impelling forces determine. 我的想法从来都没有替我赚过大钱，总是我坚持不动替我赚大钱，懂了吗？是我坚持不动！对市场判断正确丝毫不足为奇。你在多头市场里总是会找到很多一开始就做多的人，在空头市场里也会找到很多一开始就做空的人。我认识很多在适当时间里判断正确的人，他们开始买进和卖出时，价格正是在应出现最大利润的价位上。他们的经验全部跟我的一样－－也就是说，他们没有从中赚到真正的钱。能够同时判断正确又坚持不动的人很罕见，我发现这是最难学习的一件事。但是股票作手只有切实了解这一点后，他才能够赚大钱。＂ invariably英音：[in'vɛəriəbli]美音：[ɪn'vɛrɪəb!ɪ] 不变地,一定地,总是 It invariably rains when I go on vacation.  我去度假时老是下雨。