Business: Nevermore?

The rumor ran a bit about Wall St., and then a great deal more rapidly about the press that Jesse L. Livermore, famed stock operator, had quitthe market for good. It said that he, having made millions and lost them several times, was now at one of the peaks of his success (estimated at $20,000,000) and that he intended to get out. It was said that he had had all the tickers removed from his office, even that he had not traded in a share of stock for as much as a year.

On the other hand, it was rumored that henceforward he would devote his attention to the grain and commodity exchanges, since they were statistically more of a known quantity than the stockmarket.

Everyone listened to these accounts. Many were sceptics.