Monday, December 11, 2006

Another anecdote from Jesse Livermore's "Reminiscences Of a Stock Operator"

Another anecdote from Jesse Livermore -- Wall Street's "boy plunger" of the first decade of the 20th century. From his fictionalized autobiography as told to Edwin Lefevre REMINISCENCES OF A STOCK OPERATOR.

You remember Dickson G. Watts' story about the man who was so nervous that a friend asked him what was the matter.
"I can't sleep," answered the nervous one.
"Why not?" asked the friend.
"I am carrying so much cotton that I can't sleep thinking about it. It is wearing me out. What can I do?"
"Sell down to the sleeping point," answered the friend.

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