the following quote istypical ofdarvas' unique market ... · darvas'book, how i made...

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The Following Quote Is Typical Of Darvas' Unique Market Philosophy: 'THE ONLY SOUND REASON FOR MY BUYING A STOCK IS THAT IT IS RISING IN PRICE. IF THAT IS HAP'PENING, NO OTHER REASON IS REQUIRED. JF THAT IS NOT HAPPENING, NO OTHER REASON IS WORTH CONSIDERING." - Nicolas Darvas NICOLAS OARVAS is the internationally famous dancer who didn't know a put or call from a bump or grind when he first ventured into the stock market. Darvas and Julia made show-business history when they were held over for a record-breaking l4-month engagement in New York's Latin Quarter. And Darvas made financial history when he revealed how he had won more than $2,000,000 in a dazzling l8-month sortie into the stock market. Time magazine hailed him as a "top stock-market speculator"; Life wrote him up; Barron's, the bible of Wall Street, featured his incredible success story. The "dancer wizard" was the subject of innumerable cartoons and quips and commentaries in America's leading publi- cations - and he was the center of a storm of controversy. Darvas' book, How I Made $2,000,000 in the Stock Market, created a sensation, became an overnight best seller, and caused the American Stock Exchange to revise its rules. He lives at the Plaza in New York, the Dorchester in London, and the Georges V in Paris. He and Julia were international headliners from Saigon to San Francisco, and he made some of his biggest killings when he was 10,000 miles from Wall Street. Though a novice in the market just ten years ago, Darvas was trained as an economist at the University of Budapest and was one of the best-known cross- word puzzle editors and sports-writers in his native Hungary.

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Page 1: The Following Quote IsTypical OfDarvas' Unique Market ... · Darvas'book, How I Made $2,000,000 in the Stock Market, created a sensation, became an overnight best seller, and caused

The Following Quote Is Typical Of Darvas' Unique Market Philosophy:

'THE ONLY SOUND REASON FOR MYBUYING A STOCK IS THAT ITIS RISING IN PRICE. IF THATIS HAP'PENING, NO OTHERREASON IS REQUIRED. JF THATIS NOT HAPPENING, NO OTHERREASON IS WORTH CONSIDERING."

- Nicolas Darvas

NICOLAS OARVAS is the internationally famous dancer who didn't know a put orcall from a bump or grind when he first ventured into the stock market.

Darvas and Julia made show-business history when they were held over for arecord-breaking l4-month engagement in New York's Latin Quarter. And Darvasmade financial history when he revealed how he had won more than $2,000,000in a dazzling l8-month sortie into the stock market. Time magazine hailed him asa "top stock-market speculator"; Life wrote him up; Barron's, the bible of WallStreet, featured his incredible success story. The "dancer wizard" was the subjectof innumerable cartoons and quips and commentaries in America's leading publi-cations - and he was the center of a storm of controversy.

Darvas' book, How I Made $2,000,000 in the Stock Market, created a sensation,became an overnight best seller, and caused the American Stock Exchange torevise its rules.

He lives at the Plaza in New York, the Dorchester in London, and the GeorgesV in Paris. Heand Julia were international headliners from Saigon to SanFrancisco,and he made some of his biggest killings when he was 10,000 miles from WallStreet.

Though a novice in the market just ten years ago, Darvas was trained as aneconomist at the University of Budapest and was one of the best-known cross-word puzzle editors and sports-writers in his native Hungary.