The Making of a Stockbroker.
"There is nothing like losing to know how not to trade, and by learning hownot to trade, you learn how to trade."
The Making of a Stockbroker.
LEFEVRE, Edwin.
Item Number: 2021
New York: George H. Doran, 1925.
First edition. Octavo, original maroon cloth. Near fine in a very good dust jacket that has a chip to the crown and foot of the spine. Uncommon in the dust jacket.
The Making of a Stockbroker was published by George H. Doran Company in 1924. Lefevre dedicated his book to John Wing Prentiss, a new breed of stockbroker of that era. This fictionalized account follows a brokerage firm from its founding through 1924, and the author explains how the stockbroker can work from the inside to make earn lucratively without using propagandic whitewashing. Lefevre follows the narrative of John Kent Wing to also portray the inner-workings of the market while contributing to the decade's new image of managers. Lefevre wrote during the great bull market of the 1920s, and he befittingly conceived of virtuous public-spirited manager, one who places long-term economic stability above selfish interests. The Making of Stockbroker is therefore an instruction for personal form in light of human nature, but it is also a history of the market after the age of the buccaneer but before the great depression and subsequent security regulations.
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