Edwin Lefevre (1871-1943)
was an American journalist, writer, and
statesman most noted for his writings on Wall Street business. As an independently wealthy
investor, living in Hartsdale, New York, Lefevre pursued a literary career, publishing
short stories and novels drawn from the world of investing. His first full-length novel
and third literary work was Sampson Rock of Wall Street.
This entertaining but poignant novel captures the essence of Wall Street
and high-stakes finance. Published the same year as the Panic of 1907, Lefevre's tale of a
high-powered mogul's questionable actions resonated with the financial community and
gained instant acclaim.
Sampson Rock of Wall Street tells the story of stock market manipulations
made by a railroad tycoon as he wheels and deals his way into wealth.
His scheme to increase his already vast wealth of holdings by depressing the
stock in one of his properties becomes known to his son who then sets out to seize control
of the railroad himself. A true classic, this timeless tale of stock market games and the
machinations of a master market manipulator is as relevant today as it was a century ago.
The book's Introduction, written by bestselling author William Bernstein, contributes
many insights and context including the following: ?Financial loss has many parents:
inadequate quantitative ability, overconfidence, underestimation of risk tolerance,
ignorance about the knowledge and competence of those on the other side of your trades,
and the granddaddy of them all, unawareness of financial history. Sampson Rock will teach
you about all of them.?
Edwin Lefevre was appointed an Ambassador of the United States by
President Howard Taft in 1909, serving in posts in a number of countries, including Italy,
France, and Spain. At the end of his diplomatic career in 1913, Lefévre returned to his
home in Vermont where he resumed his literary work, writing novels and contributing short
stories for magazines such as The Saturday Evening Post and McClure’s.
448 pages, Hardcover