Stock trader
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Financial journals and newspapers such as the Wall Street Journal have published articles on stock picking in the past. One famous article involved a stock picking contest among a panel of Wall Street experts, the public, and a dart board. One member was elected to throw darts at the Journal's stock page in order to select a portfolio. At the end of the experiment, the public and the dart board both beat the board of Wall Street experts. The dart board's triumph over the Wall Street experts can be attributed to chance.
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Famous stock traders or stock investors
- Bernard Baruch
- José Berardo
- Warren Buffett
- Jim Cramer
- Nicolas Darvas
- Philip Fisher
- William Delbert Gann
- Benjamin Graham
- John W. Henry
- John Maynard Keynes, the famous economist, was a very successful stock investor.
- Edward Lampert
- Jesse Lauriston Livermore
- Peter Lynch
- William O'Neil
- Isaac Newton, the famous physicist, lost some of his money due to speculation in The South Sea Company stock in the 1720s. Isaac Newton lost over 20,000 pounds (£1.68 million in today's money) of his fortune. As a result of this crisis, he stated "I can calculate the motions of heavenly bodies, but not the madness of people".[1][2][3][4]
- David Ricardo, the famous political economist, joined his father at the London Stock Exchange, where he began to learn about the workings of finance. This beginning set the stage for Ricardo's later success in the stock market.
- Jim Rogers
- George Soros
- John Templeton
- Jules Verne, the famous writer, was a stock trader and broker at the Paris Stock Exchange (La Bourse de Paris).
- Martin Zweig
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References
- ^ The Damn'd South Sea, Harvard Magazine (1999), accessed January 2007
- ^ South Sea Bubble, Stock Market Crash! (2006), accessed January 2007
- ^ FAMOUS FIRST BUBBLES? The South Sea Bubble, Erasmus School of Economics - Erasmus University Rotterdam (2006), accessed January 2007
- ^ The South Sea Bubble, History House Inc. (2006), accessed January 2007
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See also
- Day trader
- Fundamental analysis
- Option (finance)
- Shareholder
- Stock
- Stock broker
- Stock exchange
- Stock market
- Technical analysis
- Technical Analysis Software (Finance)
- Trader (finance)
- Value investing
- Paper trading
- Wealth Education
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