2011 reprint of 1960 edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. 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.
This epic tells the tale of a young doctor struggling to survive in pre-Christian times. Through suffering and exile, he gradually gains faith in the concept of one God from the Pharaoh Ankenahten. A thoughtful costume epic that is more realistic than most in its genre. Academy Award Nominations: Best (Color) Cinematography.
The Nicolas Darvis story is important for every stock investor. He has inspired traders for many generations throughout countless countries. He made his fortune without the help of computers, mobile phones, fax machines, CNBC, Bloomberg or any of the technology we have today. He only had access to end-of-day data and a weekly copy of Barrons! All of his trading decisions were made while he was traveling & dancing, not sitting watching a live data screen all day. Time magazine ran an article on him in 1959 espousing his extreme success at such a young age. Starting with an account of only $10000, Darvas amassed a fortune of over $2.2 million dollars. Putting this into context, these were 1959 dollars and would be equivalent to over $20 million dollars today. Metastock programming code included