从5美元到1亿美金，再到自杀：华尔街为何痴迷于“投机之王”利弗莫尔？

Core Insights - Jesse Livermore, a legendary trader, experienced both immense wealth and devastating losses throughout his life, ultimately leading to his tragic end in 1940 [3][62][64] Group 1: Early Life and Career - Born in 1877 to a farming family, Livermore showed early signs of intelligence, learning to read and write by age 3.5 and reading financial news by age 5 [5][7] - At 14, he left home to work as a board assistant at Paine Webber, where he began trading stocks and quickly earned profits [7][9] - By 16, he was trading in Boston's bucket shops, where he gained a reputation for winning consistently [9][11] Group 2: Rise to Prominence - Livermore moved to New York in 1899, where he faced initial failures but later returned to profitable trading in St. Louis [11][13] - He gained significant wealth during the 1901 bull market, earning $50,000 but also faced losses due to cotton trading [17][19] - By 1907, he had established himself as a prominent trader, earning $1 million in a single day during a market crisis [26][28] Group 3: Wealth and Personal Life - Livermore's wealth peaked at $3 million, allowing him to indulge in a lavish lifestyle, but he faced betrayals and losses that led to bankruptcy [30][28] - His personal life was tumultuous, marked by multiple marriages and affairs, contributing to his emotional struggles [33][47] - By the late 1920s, he had regained wealth through short selling during the stock market crash, earning $100 million [43][45] Group 4: Decline and Final Years - Despite his earlier successes, Livermore faced a decline in fortune and mental health, leading to his third bankruptcy in 1934 [49][51] - His final years were marked by depression and a sense of loss, culminating in his suicide in 1940 [62][64] - Livermore's legacy remains influential, with his trading strategies and experiences serving as lessons for future traders [68][70]