I've been doing some research and I wanted to share it with you...On May 25, 1959, Time Magazine devoted almost a full page in its Business Section to the extraordinary stock market story of a dancer - Nicolas Darvas.
Time told how this complete non-professional, "... who ignores tips, financial stories and brokers' letters," was able to make himself a millionaire several times over through the investment methods he developed.
This article raised a lot of eyebrows among Wall Streeters who were shocked by Mr. Darvas’ disregard for many of the long-accepted, ordinary investment practices to which they were accustomed.
As I mentioned Mr. Darvas was a dancer, a showman. His dance act was one of the most exciting international acts in show-business history, and he and his sister Julia starred in some 34 countries.
He was accustomed to being constantly in the spotlight of public attention. Therefore, he had no hesitation, as might many private individuals, in making public the details of the stock transactions, which went into his making a fortune.
Upon deeper inspection, it turned out that Mr. Darvas was far more than a spectacular dancer. He was a highly literate individual with a solid background in economics and sociology gained at the University of Budapest.
As you can see it's a very curious story, find out the rest of the story here!
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