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Mastering Darvas "How I Made $2,000,000 in The Stock Market"

New York, New York (Time Magazine), Monday, May 25, 1959, 12:00:00 EDT RE: A Financial Documentary of the Astounding Success of Nicolas ...

New York, New York (Time Magazine), Monday, May 25, 1959, 12:00:00 EDT
RE: A Financial Documentary of the Astounding Success of Nicolas Darvas
Dear stock investor,
It was the last early summer of the 1950s.
The Darvas brother and sister dance team were as entrenched in the media then as Circe de Soleil is today. Their graceful dances delighted television viewers in Europe and America.
The Darvas name was regarded with respect in show business circles in Las Vegas, New York, Toronto and far overseas. Nicolas Darvas had cemented his name in the public conscious as one of the best dancers worldwide.
Celebrities were shocked when a full page article in Time Magazine covered Nicolas not as a dancer but as a rich stock investor "who ignores tips, financial stories and broker’s letters." This was followed with a 1960book entitled, “How I Made $2,000,000 In The Stock Market.” The book fell out of favor when business schools began teaching that the market could not be beaten by reasoned analysis.
And by The Way, He Made $2.5 Million in 6.5 Years.
Away from the public hidden underneath arcane math exists recent evidence from the very top of investing that Darvas was correct. See ** Moskowitz, T., Cliff Asness and Lasse Pedersen, “Value and Momentum Everywhere,” Journal of Finance (2012).
World class performance comes from world class brains. Darvas studied at the University of Budapest— the most erudite of Hungary.



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