How I Made $2,000,000 in the Stock Market
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4.7 • 103 Ratings
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- $0.99
Publisher Description
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.
Customer Reviews
Companies Change; Human Nature Remains the Same.
Such a great book to describe a first hand account of a non-sophisticated momentum investor.
This book is a great read. It’s remarkable to start to grasp how every era has a new “emerging technology” with a must have product. TVs, Radio, Calculators…
Wild to read and understand how one could easily input $Coinbase, $Amazon or $Nvidia and watch a similar narrative unfold today.
In addition, this is the beginnings of the CANSLIM investing strategy developed by the legendary William O’Neal and executed my many of our generations most successful investors and traders.
Easy read. Highly recommend. Still as applicable today in 2023 as it was back in the early 1960s 👌
Great book
Loved it s till good info even now.
Intriguing
Great book. Interesting to see a new approach.