Author(s): John Boik

Business

As the markets continue their struggling ascents back to pre-2000 levels, investors and traders have increasingly turned to the tried and true masters for advice: Ben Graham, Warren Buffett, Edwin Lefevre, and Peter Lynch persistently show up in the top 50 investing bestsellers on Amazon, while new Wall Streeter authors are left in the dust. Lessons from the Greatest Stock Traders of All Time recognizes that active traders want to learn from the best. The book assembles the lessons and strategies from arguably the top five stock traders from the past century: Jesse Livermore - the speculator known for anticipating every market break between 1917 and 1940; Bernard Baruch - the namesake of Baruch College became a renowned financier and adviser to several U.S. presidents; Gerald Loeb - author of the timeless guide The Battle for Investment Survival, this stockbroker spent 40 years on Wall Street; Nicolas Darvas - a prolific trader and author, Darvas' How I Made USD2 Million in the Stock Market has become a timeless classic, which many claim is a precusor to Bill O'Neil's Canslim system; Bill O'Neil - perhaps the greatest stock trader living today, the founder of Investor's Business Da hese traders span 111 years, with lessons that reach from as far back as 1892 to today. Author John Boik dissects their systems, finding that their core strategies share definable similarities that today's active investors and traders can apply with success. Unlike the many one-hit wonders in books like Market Wizards, this guide looks as the best of the best, revealing the time-tested systems and tools that have made these five individuals, as the author says, "the Babe Ruths of trading". Packed with profiles, strategies, and illustrative charts and graphs, this handy guide will become a timeless reference for traders, reflecting a one-stop shopping for readers who yearn for the most useful nuggets of information of the works by Darvas, Loeb, O'Neil, Livermore, and Baruch. With keen insights from a real-world trader, Lessons from the Greatest Stock Traders of All Time presents applicable, practical, and proven strategies from stock market luminaries who have withstood the test of time.