Famous Traders and Investors

Trading quotes encapsulate the hard-won wisdom of Wall Street’s elite, offering profound insights into the high-stakes world of trading. In this ever-evolving landscape, where fortunes ebb and flow with each market cycle, the guiding words of seasoned professionals serve as…

Richard Dennis is one of the world’s most famous traders, mostly because of the Turtle Experiment. In this article, we look at Dennis’ life and trading career, and additionally, we explain what the Turtle Experiment was. We end the article…

This article looks at Howard Seidler, one of the traders that were taught by Richard Dennis in the famous Turtle Traders Experiment in the 1980s. Dennis argued you could teach a group of people who knew nothing about trading to…

Micheal Lauer reluctantly said yes to be interviewed in Jack Schwager’s Stock Market Wizards. Why? Because he didn’t feel he deserved it because his track record was only seven years. However, in those seven years, he managed 72% annual returns…

Michael Masters is an Atlanta-based fund manager. This article looks briefly at Micheal Masters’ early life and his trading career. We end the article by some quotes from his interview in Jack Schwager’s Stock Market Wizard. Micheal Masters’ trading career:…

We believe the best way to learn to trade is by backtesting and trial and error, but you can get valuable input from traders who have been successful. This post is a collection of some of the top motivational trading…

Monroe Trout is an American investor and hedge fund manager. He was interviewed in the New Market Wizards by Jack Schwager. This article looks briefly at Monroe Trout’s early life and his life as a trader. We end the article…

Morgan Housel has written a short and powerful book about personal finance called The Psychology Of Money – Timeless Lessons On Wealth, Greed, And Happiness. The book might not be related to trading, but personal finance should be a topic…

I currently reread Victor Niederhoffer’s The Eduction of A Speculator. I regard this book as one of the best I have ever read. It’s not an easy read, but it completely changed my mindset for the better 20 years ago….

William Eckhardt is an American investor, commodities and futures trader, and fund manager. Eckhardt was one of the pioneers of quantified and mathematical trading and used some of the theories that later were popularized by Nassim Nicholas Taleb. William Eckhardt…

Who are the most successful traders of all time? Your quest leads to icons like George Soros, Jesse Livermore, and more, who have transcended the mere act of trading to become pillars of financial history. Discover the fearless decisions and…

Mark D. Cook is an American trader and investor. but is mostly famous for being interviewed in Jack Schwager’s Stock Market Wizards. He worked from his family’s 1870s farmhouse located in East Sparta, Ohio, where he manages his own account….

Ahmet Okumus is a money manager. He began trading in 1992 with $15,000 from his mother. And by 2000, he had turned that into $6 million, that’s an average annual return of 107%. He founded his hedge fund — the…

Poker, Sex and Dying is the title of a book by Juel Anderson published some time in the early 1980s. Some years after publication it was out of print and somewhat forgotten, but accidentally option investor David Caplan found a…

I have just reread Henry Hazlitt’s Economics In One Lesson, published in 1946. This very good, but short book, is about basic economics. This book should be mandatory in every public school. It takes about 2-3 hours to read and…

Joe Ritchie was an American investor and Options and Commodities trader that passed away in 2022. He founded Chicago Research and Trading (CRT), a quantitative investment firm, in 1977 and served as the head of Fox Rivers Partners. He later…

Mark Ritchie is an American investor with over twenty years of experience in the financial industry. He was a Chicago Board of Trade and Chicago Mercantile Exchange Commodities trader. He was one of the original co-founders of Chicago Research and…

Mark Minervini is an acclaimed author, technical analyst, instructor, independent trader, and the Founder of Quantech Fund, LP. He has more than three decades of experience in finance and was featured in Jack Schwager’s Stock Market Wizards; conversations with American…

Lucius Annaeus Seneca, better known as Seneca, was born in Cordoba, Roman Spain, in 4 BC and died in 65 AD. He grew up in Rome as a son of a procurator who was an authority in rhetoric, public speaking…

First-time father at 60, James Beeland Rogers Jr, also known as Jim Rogers, is an American businessman, investor, and financial commentator who lives in Singapore. He is famous for starting the Quantum Fund together with George Soros, and he was…

This post is about Steve Watson who appeared in Jack Schwager’s Stock Market Wizards. Watson has not been much in the public, and we know very little about his career after the year 2000 (when the Schwager interview was made)….

I believe it’s important to read, but at the same time being careful what to read. Quality is much better than quantity, and reading twice, in my opinion, is more valuable than reading more. I read The Intelligent Investor for…

George Soros’ approach to trading is as a short-term speculator, making highly leveraged bets on the direction of the financial markets based on market and macroeconomic analysis. In other words, Soros bets on the long or short direction of any…

Toby Crabel is a renowned figure in the world of trading and finance, known for his innovative strategies and contributions to the field. As the founder of Crabel Capital Management, he has left a solid mark on the financial market…

Brett Steenbarger, Ph.D., is the author of the famous Traderfeed blog, and he has also published many books on trading psychology. He is a psychologist and a trading coach, who has helped portfolio managers and traders improve their performance. Brett…

Billionaire hedge fund manager Paul Tudor Jones is a famous trader and hedge fund manager. Many negative things happened during the 1987 stock market crash, but one man became very popular and super-rich for his predictions and gains. He would…

Victor Niederhoffer, once a collaborator with George Soros, is famed for upending traditional finance with his statistical approach to markets. His career is a case study in resilience, marked by radical comebacks from market upheavals. What are the principles that…

Bill Lipschutz is a forex trader and the director and co-founder of portfolio management at Hathersage Capital Management and a former director of Global Head of Foreign Exchange at Solomon brothers. He shot to fame when he was featured in…

Thomas F. Basso, Tom Basso for short, is an American hedge fund manager. He was interviewed in New Market Wizards by Jack Schwager. The title of this article is the same as Schwager used in his book. This article looks…

Andrew Left, through Citron Research, is a controversial figure who has shaped market sentiments with his short-selling reports. Why do his market moves stir debate? This article examines Left’s approach to short selling, his influence on stock valuations, and the…

Bruce Kovner is an American investor, philanthropist, and hedge fund manager. In 2012, he founded and chaired CAM Capital, which is responsible for investing his private assets, and Kovner Foundation, which oversees his philanthropic activities. He served as Chairman for…

Linda Bradford Raschke is an American trader focused primarily on commodities and futures. She is the president of LBR Asset Management as well as LBR Group. She was the first woman to be interviewed by Jack Schwager in his Market…

Randy McKay is an American investor with a record 20-year consistent profits — he started from a few thousand and traded that to tens of millions of dollars. Despite his trading records, he is probably most known for being interviewed…

Van K. Tharp is an American investor and #1 New York Times bestseller of Financial Freedom Through Electronic Day Trading and Safe Strategies for Financial Freedom: The Definitive Guide to Position Sizing™ Strategies. He is the president of Van Tharp…

The illustrious figure at the helm of Appaloosa Management, David Tepper, is widely recognized for his prowess in the realm of hedge funds. His expert handling of tumultuous economic events, particularly during the 2008 financial crisis, has cemented his reputation…

Larry R. Williams is an American Investor, author, and politician from the state of Montana. He has been actively involved in trading the commodities, futures, and stock market for over 53 years and is the only futures trader to trade…

Bill Ackman is a well-known US investor. Who is he? How does Bill Ackman invest? What are Bill Ackman’s investment strategies and philosophy? These are some of the answers we try to answer in this article. At the end of…

Alphonse Fletcher Jr. is an African-American former hedge fund manager and founder of the Fletcher Foundation. Alphonse Fletcher Jr’s early life and trading career He was born on the 19th of December, 1965 and was raised in Waterford, Connecticut. Fletcher…

Rob Hanna is an American investor, the Co-founder, and vice president of research at InvestiQuants. He has been a full-time market professional since 2001 and has been serving as president of Hanna Capital Management LLC since that time. Rob Hanna’s…

As the mastermind of Citadel, Ken Griffin has propelled the hedge fund industry forward with cutting-edge strategies and significant market influence. Renowned for financial innovation and a keen interest in both politics and the arts, Griffin’s dynamic leadership has cemented…

Steve Lescarbeau is a mutual fund trader. Jack Schwager’s interview with Gil Blake in the New Market Wizards inspired him to try out the mutual fund timing approach – holding his equity positions while they are gaining and switching to…

Alexander Elder is an American investor, professional trader, and trader’s coach. He wrote titled, “The New Trading for a Living”, which was regarded as an outstanding book by traders. The book was published in 1993 and has become an international…

Meet Mark Leonard, the strategic mind behind Constellation Software. This article tracks the progression of a tech visionary whose knack for identifying unique software opportunities led to the founding of a company valued in the billions. Without revealing too much,…

Jack Schwager is the managing director and principal of the Fortune Group (alternative asset management) in the US and the UK. He is a board member of Fortune’s research affiliate Global Fund Analysis: one of the top sources for independent…

Larry Hite is one of the pioneers of system trading (computerized trading) together with Ed Seykota. His book, The Rule: How I Beat the Odds in the Markets and Life—and How You Can Too, was named a Wall Street Journal,…

Claudio Guazzoni was interviewed by Jack Schwager in Stock Market Wizards. The reason for his inclusion in the book was his track record of 37% over a five-year period without a losing month. Claudio Guazzoni is the founder and CEO…

Jesse Livermore was a legendary trader and investor that ended his life by suicide after a boom and bust cycle throughout most of his life. One of the most legendary trading books is based on his life: Edwin LeFevre’s The…

Mastermind of the greatest trade in history, John Paulson gained fame by betting against the U.S. housing market, which marked the onset of the 2008 financial crisis. His journey from a hedge fund manager to a philanthropist is a compelling…

David Einhorn is a well-known US investor. Who is he? How does David Einhorn invest? Does he have any particular investment strategy or philosophy? These are some of the answers we answer in this article. At the end of the…

Charles Faulkner is an American life coach and motivational speaker who is a practitioner of neuro-linguistic programming. Faulkner is known for his work with futures traders and his research on the role of “metaphor” in communication and behavior. However, Charles…

David Shaw, the King of Quant, was one of the objects interviewed in Jack Schwager’s Stock Market Wizards. How did he make it into the book? Because of his superb annual returns. Schwager’s book is a bit old, published in…

Michael Steinhardt is an American investor, philanthropist, and hedge fund manager. He founded the hedge fund, Steinhardt Partners in 1967. The hedge fund made an average annualized return of 24.5% for its client from 1967 to 1995. As a result…

Gil Blake is an American investor and fund manager and is perhaps most famous for being interviewed in Jack Schwager’s New Market Wizards. By the time of the interview, Gil Blake had an amazing win rate of 134 months out…

Blair Hull is an American businessman, investor, Democratic politician, and philanthropist. He was interviewed in Jack Schwager’s New Market Wizards, and most of the info in this article is taken from that interview. Jack Schwager’s Market Wizard series is fantastic…

Richard Driehaus was an American investor, fund manager, and philanthropist. He was the founder and chairman of Driehaus Capital Management, LLC, based in Chicago. He is regarded as one of the first turtle traders and was interviewed in the New…

Michael Marcus is a commodity trader reputed to have turned his initial capital of $30,000 into $80 million in less than 20 years. He was the first to be interviewed in Jack Schwager’s series about Market Wizards. In this article,…

Stanley Druckenmiller is an American investor, hedge fund manager, and philanthropist. He was the former chairman and president of Duquesne Capital, which he founded in 1981. After closing Duquesne Capital, Druckenmiller continued to manage his personal fortune through the Duquesne…

Dana Galante is an American investor and stock trader. She is the managing director of Miramar Asset Management, where she helps her investors to balance their long stock investments. Dana was a short seller; she profited when stocks in her…

Ray Dalio is one of the world’s most-known investors. Who is he? How does Ray Dalio invest? What is his famous All-Weather Portfolio? What are Ray Dalio’s investment strategies? These are some of the answers we answer in this article….

Jeffrey Yass is an American options trader who co-founded the Philadelphia-based Susquehanna International Group (SIG). He has a staggering net worth of 12 billion dollars as of this writing. Jeff Yass’ trading career and life: Jeffrey Yass was born in…

Steve Clark is an American investor, founder, and Head of Risk at Omni Partners, LLP. He served as Director, Head of International Equity Trading, and Director, Co-Head Proprietary Trading at NatWest Markets and Nomura Securities, respectively, between the years 1991…

Michael Carr is an American investor, a Chartered Market Technician (CMT), writer, and speaker with a successful career in financial service. He is a Certified Financial Technician (CFT), a long-term member of the chartered market technicians association, where he served…

Steve Cohen is an American investor and the co-founder of S.A.C. Capital Advisors. Cohen is famous for two things: an outstanding track record in managing money and for indirectly being charged with insider trading (his fund S.A.C. Capital Advisors pleaded…