LEFÈVRE (Edwin).
The Making of a Stockbroker.
Lefèvre’s second roman à clef of a stock trader, following his Reminiscences of a Stock Operator (1923), one of the great classics of American business literature, generally accepted to be the fictionalized biography of stock market whiz Jesse Livermore. The Making of a Stockbroker is dedicated to John Wing Prentiss, a senior partner of Bronson & Barnes, a major Boston brokerage firm. The narrative follows a brokerage firm from its founding through 1924, focusing on the activities of John Kent Wing, a prototypical stock trader of the great bull market of the 1920s. In addition to revealing how the market works, it contributed to the new image of managers that developed during the decade: that of the virtuous public-spirited manager who puts long-term economic stability ahead of selfish interests.
