# A Bellman View of Jesse Livermore

arXiv: https://arxiv.org/abs/1407.2642 · HTML: https://mlsanity.com/paper/1407.2642/

## Key facts

- Cited by 3 papers in the map (data through 14 Oct 2026).
- First posted on arXiv 9 Jul 2014.

## Built on by (most cited first, 3 of 3)

- [Chess AI: Competing Paradigms for Machine Intelligence](https://mlsanity.com/paper/2109.11602/) (2021)
- [The Value of Chess Squares](https://mlsanity.com/paper/2307.05330/) (2023)
- [Karpov's Queen Sacrifices and AI](https://mlsanity.com/paper/2109.08149/) (2021)

## Abstract (arXiv)

Richard Bellman's Principle of Optimality, formulated in 1957, is the heart of dynamic programming, the mathematical discipline which studies the optimal solution of multi-period decision problems. In this paper, we look at the main trading principles of Jesse Livermore, the legendary stock operator whose method was published in 1923, from a Bellman point of view.