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AudibleNod t1_j56zf87 wrote

Reply to comment by Flares117 in TIL: Jesse Livermoore pioneered day trading. His shorts for the 1906 SF earthquake and the 1929 crash are considered legendary. He grew up poor, but at 14 worked as a board boy at a stock firm and started gambling. He would consistently become rich or bankrupt, and he died with millions in debt. by Flares117

So was he good or was he a statistical outlier.

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onometre t1_j57c6dc wrote

Sounds more like a gambling addict than anything

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Substantial_Lunch_88 t1_j5knf07 wrote

Imagine starting a short position a day before an earthquake, he wasn’t good he was lucky

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