Category: Stock Market Legends
Bestselling author Michael Covel's book is the
1st and complete coverage detailing Richard Dennis and his Turtle trading students:
October 08, 2005
Peter Lynch is one of the most successful fund managers in America, that was able to consistently deliver high returns to investors, year after year. Lynch managed the wildly successful Fidelity Magellan Fund from 1977 up until 1990. His investing success is partly due to investing in quality companies early on in their growth, with Taco Bell and Dunkin Donuts being among some of his more profitable investments. He is also a popular author of several stock market investing books that have gone on to become classics in their genre. I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies. Peter Lynch You get recessions, you have stock market declines. If...
Posted in Stock Market Legends — Read Peter Lynch - Fidelity Magellan Fund »
Mark D. Cook first won fame as a trader in 1989 when he finished second in the US Investing Championship. By 1992, he had shifted to options and racked up large three-digit percentage returns en route to winning the championship. Since then, he's turned to the Standard & Poor's 500 index and Nasdaq for daytrading, while keeping the options and stocks for intermediate- and longer-term trading. Nowadays, he's in the market to pay for his Ohio farm and his company's operating expenses, not to mention room and board....
Posted in Stock Market Legends — Read Mark D. Cook - Famous Trader Profile »
Blair Hull, chairman and chief executive officer of Matlock Capital, founded his firm on a lifelong fascination with investing and how discipline, strategy, and technology can be combined to maximize risk adjusted return. Starting with a desire to be able to quantify every investment decision, in 1975, Blair Hull developed an option valuation model. Although he didn’t know it at the time, his approach was based on the same sound science as the Black-Scholes model. As a market maker on the Pacific Stock Exchange, he consistently applied relative valuation methodology to find mispricings across all options. His computer-generated strategies produced 400% returns in each of his first two years in business, and averaged approximately 50% annual returns thereafter. In 1980, Blair continued to successfully apply his valuation techniques as a market maker on the floor of the Chicago Board Options...
Posted in Stock Market Legends — Read Blair Hull is the CEO of Matlock Capital »
Founder: Susquehanna International Group Like the professional poker player he once was, Jeff Yass — now a leading figure in the national stock options markets — keeps his cards close to the vest. As an 11-year-old boy, he checked stock quotes the way other kids scan box scores, persuading his father to buy him 10 shares of Campbell's after he learned they made Swanson TV dinners. In 1987, he and six other traders founded Bala Cynwyd-based Susquehanna, which now handles roughly one out of every seven stock options traded in the world as well as almost three percent of the volume on the New York Stock Exchange. When competition heated up two years ago as options exchanges began to list one another's companies, it was Yass who conceived of paying brokerages to steer orders his way — a legal kickback...
Posted in Stock Market Legends — Read Jeff Yass of the Susquehanna International Group »
Born in Oklahoma and raised in Texas, William O'Neil began his career as a stockbroker with Hayden, Stone & Company where he started to formulate his comprehensive investment strategies. His fascination with the securities market led him to develop his own computerized study of what makes a stock successful. This study was adapted and published as The Model Book Of Greatest Stock Market Winners, and was the basis for his CAN SLIM™ discipline. After a 20-fold increase in his own account in 26 months, Mr. O'Neil bought a seat on the New York Stock Exchange and formed William O'Neil + Co. Inc. in 1963. Since then, the CAN SLIM™ discipline led to the development of many important investment research tools. Realizing the need to deliver his time-sensitive research publications ahead of the competition, in 1973 Mr. O'Neil founded O'Neil Data...
Posted in Stock Market Legends — Read William O'Neil founded the CANSLIM method of trading »
Charlie T Munger works alongside Warren Buffett, as Vice-Chairman of Berkshire Hathaway and Warren invariably refers to him as his partner and right hand man, generously giving Charlie credit for much of his success and that of the company. Charlie Munger was a practising lawyer, having got into Harvard Law School without then having an existing Bachelor degree, not an easy thing to do. Roger Lowenstein recounts that Charlie was somewhat assertive as a student; when challenged by a professor in the Harvard Socratic fashion to analyze a case, Charlie, who had not prepared for the lesson, is reputed to have told the professor to give him the facts of the case and he, Charlie, would give him the law. Charlie was practising law in Omaha Nebraska when he met Warren Buffett and Buffett eventually persuaded him to give up...
Posted in Stock Market Legends — Read Charlie Munger is the Vice Chairman of Berkshire Hathaway »
Warren Edward Buffett was born on August 30, 1930 to his father Howard, a stockbroker-turned-Congressman. The only boy, he was the second of three children, and displayed an amazing aptitude for both money and business at a very early age. Acquaintances recount his uncanny ability to calculate columns of numbers off the top of his head - a feat Warren still amazes business colleagues with today. At only six years old, Buffett purchased 6-packs of Coca Cola from his grandfather's grocery store for twenty five cents and resold each of the bottles for a nickel, pocketing a five cent profit. While other children his age were playing hopscotch and jacks, Warren was making money. Five years later, Buffett took his step into the world of high finance. At eleven years old, he purchased three shares of Cities Service Preferred at...
Posted in Stock Market Legends — Read Warren Buffett is a famous Value Investor and President of Berkshire Hathaway »
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