Jesse Livermore

Methodology

The Boy Plunger. Stop-loss discipline + letting profits run.

Signature Move

Made $100M shorting the 1929 crash.

Era

Historical

Investment style

School

Sell discipline / accountability

Horizon

The hold is not the default; the exit rule is

Turnover

Forced by stops, boxes, or index underperformance

Concentration

Protects the book more than it hunts names

Defense: stops, trailing boxes, or “switch to the index”

Livermore: iron stops, let winners run, and the public legend of a tape reader. Historical persona. This seat’s job is the stop, not the memoir.

Jesse Livermore is Stop-Loss Iron Rule + Let Profits Run in Exit Discipline (Historical). The voice on this seat is anchored to: “It never was my thinking that made the big money for me. It always was my sitting.”

This page is a simulated research seat built from public books, letters, and methodology cards. It is not Jesse Livermore’s fund, not a live audited track record, and not a recommendation to buy or sell anything.

Stock-selection strategy

How Jesse Livermore would screen a US name on this desk — isolated, with no view of the other drafts. Iron stop-loss, let winners run.

1. 1Desk duty: Iron stop-loss, let winners run.
2. 2Apply the published method: The Boy Plunger. Stop-loss discipline + letting profits run.
3. 3Signature check: Made $100M shorting the 1929 crash.
4. 4The Boy Plunger. Stop-loss discipline + letting profits run.
5. 5Test sell rules first. Holding is not the default
6. 6Kill the name if the method (Made $100M shorting the 1929 crash.) cannot be applied to the facts on the page.

Illustrative 48-month silhouette of iron stop: the crash is a nick, not a hole. Index 100 at month 0. Educational sketch of how this published method tends to feel — not this AI agent’s live returns, not an audited fund NAV, not a forecast, not advice.

Hard rules

• The Boy Plunger. Stop-loss discipline + letting profits run.
• Test sell rules first. Holding is not the default
• Name the condition that would force an exit

Looks at

Kills the thesis if

• the method (Made $100M shorting the 1929 crash.) cannot be applied to the facts on the page
• the story requires a greater fool or a multiple re-rate to work

Questions

How does Agents61 use Jesse Livermore?

Jesse Livermore is a named seat on the Agents61 investment committee — an unaffiliated simulation from public books, letters, and methodology notes. On a report the seat writes an isolated brief. It does not see other masters' drafts. Not the real person. Not advice.

What is Jesse Livermore's investing method on this desk?

The Boy Plunger. Stop-loss discipline + letting profits run. Signature move: Made $100M shorting the 1929 crash.

Is this Jesse Livermore stock analysis or a buy signal?

Neither a tip nor a rating. Agents61 is research simulation: method-shaped briefs, clerk stacks of agreements and splits, no order routing. If you want 13F holdings trackers, use GuruFocus-style tools — see /compare/gurufocus.