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Following his success in 1907, Livermore's life was a rollercoaster of wealth and loss. By 1915, after spending extravagantly on luxury items like yachts and cars, he found himself bankrupt yet again. He returned to trading during World War I, where he correctly predicted rising stock prices in military industries but also faced harsh losses in cotton trading. Nonetheless, Livermore always seemed able to bounce back, further establishing his reputation as Wall Street's elusive figure.