It’s physically a big book – about 9 x 11 inches. This means the artwork can be reproduced without loss of detail. You can click on the image of the bear above to get more detail. This cartoon is one of my favorites, showing a starving bear emerging from hibernation. (Livermore had a reputation as a perennial bear. Although the reputation isn’t wholly justified, his biggest triumphs tended to be on the short side of the market.) There are several other equally good cartoons throughout the book, none of which fails to raise a smile. I’ve not reproduced my number 1 favorite cartoon here though. If you get a copy of the book yourself, you can guess which one it might be.
Each of the 12 chapters of this new edition features an introduction from Charles Geisst, the financial historian. These are worthwhile additions, setting Livermore’s activities in their historical context. Details of trading in Livermore’s time – such as the legality of insider dealing (it was legal and rife) and the role of bucket shops are also set out to help new readers.
If you haven’t yet bought Reminiscences of a Stock Operator, and you’re happy to buy a larger sized book, this edition is definitely the one I’d recommend.