He Made $100 Million Then Lost Everything -Jesse Livermore Chapter 2

He Made $100 Million Then Lost Everything -Jesse Livermore Chapter 2

On October 29, 1929, Jesse Livermore held over one million shares short and made nearly $100 million in a single week — roughly $3 billion today. He had predicted the crash months earlier, secretly placing positions through more than 100 brokers so no one would know. But this wasn't his first fortune, and it wouldn't be his last loss — by 1914 he had already gone bankrupt owing brokers over $1 million, and his creditors voluntarily cancelled his debts just to keep him trading. The Great Bear of Wall Street is one of the most extraordinary — and most tragic — stories in financial history.🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━#JesseLivermore #WallStreet #StockMarketCrash #1929Crash #GreatDepression #TradingHistory #FinanceHistory #GreatBear #StockMarket #BlackTuesday

The Boy Plunger - The 14-Year-Old Who Beat Wall Street Jesse Livermore

At fourteen, Jesse Livermore talked his way into a Boston brokerage for six dollars a week — and secretly started beating the house. By sixteen, he had made his first thousand dollars trading in illegal off-exchange gambling dens called bucket shops, using only pattern analysis he had developed in two handwritten notebooks. His first recorded profit was $3.12 on a Burlington stock trade in 1892. He was eventually banned from every bucket shop in Boston by name before he was old enough to vote.🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━#JesseLivermore #WallStreetHistory #StockMarket #TradingHistory #FinanceHistory #BoyPlunger #BucketShop #Investing #StockTrader #FinancialHistory

He Made Servants Millionaires. Then Lost Everything - John Law Chapert 2 The Bubble That Bankrupted France

Part 2 of the John Law story. By December 1719 John Law was the second most powerful man in France: Contrôleur Général des Finances, head of the Banque Royale, and master of the Compagnie des Indes. Mississippi Company shares had climbed from 500 to 18,000 livres in eighteen months. The word *millionaire* was coined in Paris coffee houses to describe the fortunes his paper had created.Then on New Year's Day 1720 the Prince de Conti arrived at the bank with three empty wagons and demanded gold. Within a year, the architect of modern central banking fled Paris in an Italian abbot's robes. He died nine years later in Venice — owning eighty-four paintings and debts of one and a half million livres. 🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━#JohnLaw #MississippiBubble #StockMarket #FinancialHistory #PaperMoney #Bubble #FinancialCrisis #History #Sleep #Documentary

From Death Row To Central Banker - John Law Chapter 1

Part 1 of the John Law story. In 1694 a twenty-two-year-old Scottish goldsmith's son killed a London dandy in a duel, was sentenced to death, then vanished from Newgate Prison five days later. He resurfaced in Amsterdam studying the Wisselbank, then in Paris with a radical idea: paper money. By 1716 the convicted murderer had opened the first central bank in French history. Within three years he controlled France's currency, its treasury, and its colonial empire — and coined the word *millionaire*.🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━#JohnLaw #FinancialHistory #StockMarket #MississippiBubble #CentralBanking #Money #History #Sleep #Documentary #SleepyStockMarket

He Arrived In The USA With $2 Then Stole $20 Million

In 1920, Charles Ponzi promised 50% returns in 45 days — and 40,000 people handed him their savings. By July 1920 he was collecting $1 million per day, but auditors found just $61 worth of postal coupons when his scheme required 160 million. When Ponzi was arrested on August 12, 1920, investors had lost $20 million — over $300 million in today's money — and most never recovered more than 30 cents on the dollar. The same mechanics resurfaced in Bernie Madoff's 2008 collapse, which cost investors $18 billion. 🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ SLEEPY STOCK MARKET Fall asleep to the greatest stories in financial history. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ #CharlesPonzi #PonziScheme #FinancialFraud #TrueHistory #BernieMadoff #1920s #FinanceHistory #Scam #WhiteCollarCrime #HistoryShorts