Jesse Lauriston Livermore

Jesse Lauriston Livermore (July 26, 1877 — November 28, 1940), also known as the Boy Plunger and "Great Bear of Wall Street", was an early 20th century stock trader. He was famed for making and losing several multi-million dollar fortunes and short selling during the stock market crashes in 1907 and 1929.

Biography

Born in Shrewsbury, Massachusetts, Jesse Livermore started his trading career at the age of fourteen. He ran away from home with his mother's blessing to escape a life of farming his father wished him to have. He then began his career by posting stock quotes at the Paine Webber brokerage in Boston.

He married his first wife, Netit (Nettie) Jordan of Indianapolis, at the age of 23 in October 1900. Less than a year later, he went broke after some reverses in his stock trading; he asked her to pawn the substantial collection of jewelry he had bought her for a new stake, but she refused, permanently damaging their relationship. They separated and finally divorced in October 1917.Jesse Jr. married Toni Lanier(Camille Bernice Froomess) in 1937, divorced shortly there after. Went onto marry Evelyn Bletzer Sullivan. One son, Jesse III was born in 1939. Divorced Evelyn. Married third wife, Patricia. Jesse Jr. committed suicide with natural gas Feb. 20, 1976. His only son, Jesse III married Marsha Hawkins in 1964. Had two children...
Read More