This book is written by Nicolas Darvas and is called as “How I Made 2 Million Dollars In The Stock Market”. Hungarian by birth, Nicolas Darvas trained as an economis at the University of Budapest.
How I Made 2 Million Dollars In The Stock Market
Publisher: Lyle Stuart | English | Pages: 120 | PDF | 5 MB
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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 ploughed 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.