Lesson 1: Greed Can Be A Financial Mis

Are you a greedy person? Of course not! Or at least, that’s what you tell yourself. We all like to think highly of ourselves and blame our misfortune on bad odds. This is the case of Jesse Livermore, a stock market trader born in 1877.

Prior to the notorious market crash that occurred in 1929 , he took a short position, betting on the decline of the market. He made over $100 million, the equivalent of $1.6 billion today!