# Reminiscences of a Stock Operator by Edwin Lefèvre

7 Hacker News commenters recommended Reminiscences of a Stock Operator by Edwin Lefèvre and 0 criticized it, November 2025 to November 2026. It was recommended in 3 of 13 months.

**Verdict:** A classic book on speculation and market behavior that people recommend for understanding how markets work and as essential reading for new traders.

## Why people recommend it

- Classic reading for new traders (2 comments): "required reading when youre a young buck starting out on a trading desk" ([source](https://news.ycombinator.com/item?id=46451446)) "Go read Reminiscences of a Stock Operator, or Market Wizards series, Extraordinary Popular Delusions and the Madness of Crowds, or any number of books about financial history" ([source](https://news.ycombinator.com/item?id=49739777))
- Insight into how markets work (2 comments): "There's a lot of stuff in this book that makes sense of markets in ways that pretty much no other investing book I've ever read does." ([source](https://news.ycombinator.com/item?id=46451384)) "it's important to understand this is not a book about a stock trader" ([source](https://news.ycombinator.com/item?id=46452162))
- Considered among the best trading books (2 comments): "It's a good contender for the best trading book of all time." ([source](https://news.ycombinator.com/item?id=46453116)) "required reading when youre a young buck starting out on a trading desk" ([source](https://news.ycombinator.com/item?id=46451446))
- Lessons readers remember for years (2 comments): "My favorite part that stuck with me all those years" ([source](https://news.ycombinator.com/item?id=46480693)) "There's a lot of stuff in this book that makes sense of markets in ways that pretty much no other investing book I've ever read does." ([source](https://news.ycombinator.com/item?id=46451384))

## Alternatives hackers recommend

- [The Intelligent Investor by Benjamin Graham](https://hackerapproved.com/p/intelligent-investor.md): 4 recommend
- [A Random Walk Down Wall Street by Burton Malkiel](https://hackerapproved.com/p/a-random-walk-down-wall-street.md): 3 recommend
- [Security Analysis by Benjamin Graham and David Dodd](https://hackerapproved.com/p/security-analysis.md): 3 recommend
- [The Little Book of Common Sense Investing by John Bogle](https://hackerapproved.com/p/little-book-of-common-sense-investing.md): 2 recommend

## Where to get it

- [See price on Amazon](https://www.amazon.com/dp/1119198488?tag=hackerapprove-20) (affiliate link)
- [Bookshop.org](https://bookshop.org/a/130825/9781119198482) (affiliate link)

## Cite as

Hacker Approved, "Reminiscences of a Stock Operator by Edwin Lefèvre", https://hackerapproved.com/p/reminiscences-of-a-stock-operator/ (counts from 1,795,640 Hacker News comments, November 2025 to November 2026).