“Hungarian by birth, Nicolas Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either the Nazis or the Soviets took over, he fled at the age of 23 with a forged exit visa and fifty pounds sterling to stave off hunger in Istanbul, Turkey. During his off hours as a dancer, he read some 200 books on the market and the great speculators, spending as much as eight hours a day studying. Darvas invested his money into a couple of stocks that had been hitting their 52-week high. He was utterly surprised that the stocks continued to rise and subsequently sold them to make a large profit. His main source of stock selection was Barron’s Magazine. At the age of 39, after accumulating his fortune, Darvas documented his techniques in the book, How I Made 2,000,000 in the Stock Market. The book describes his unique “Box System”, which he used to buy and sell stocks. Darvas’ book remains a classic stock market text to this day.”
How I Made $2,000,000 in the Stock Market by Nicolas DarvasHow I Made $2,000,000 in the Stock Market by Nicolas Darvas
This is a fan of yours from India! I have been following you since some time and find your interactions quite interesting. I heard you mention Bill Eckhardt speech that he made [years back]…which you found interesting. Could you send me the link for it if possible? Thanks a lot.
Only an audio file that I have locally. Thanks for nice words!
CNBC: One of the U.K.’s most successful hedge fund managers [David Harding in pic] has spoken of the benefits of using the “emotionless systematic approach”.
Would very much appreciate if you could forward this email on to Jim [Rogers].
We have some great friends that have been living in Singapore for some time now. A few years back they persuaded my wife and I and our 2 young kids to jump on a plane and travel half way round the world to see them. We now obviously have the Asia bug and go over every year to get our fix–traveling around whilst we are there. It’s amazing how opinionated people are on Singapore–mostly the ones that have never been. We just love it. Anyway whilst at the airport waiting for our flight back to the UK, I was constantly being pestered by my 7-year old boy for a toy plane–specifically the one we would be traveling back on–the A380. I headed for the nearest gift shop and spent the next half an hour aimlessly browsing whilst the mini ‘pilot’ tried to make up his mind which color to have. Searching through the book section I stumbled across a copy of Jim’s ‘Street Smarts’. Perfect I thought, this will cheer up the 12-hour flight home.
As ‘both’ A380’s taxied down the runway. I opened Jim’s book to discover someone had scribbled on the front title page! On closer inspection I realized [he had signed it].
