Who is the greatest trader of all time?

• 14 June 2006

• #21

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nizar

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Realist said:

Out of interest, who is the Warren Buffett of the trading world, or the Ben Graham of trading?

Who is it?

What about of Aussie trading?


What is their greatest win or achievement - ie the Gillete or Coke or Geico of their career?

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Greatest trader of all time: Nicholas Darvas

Did 5mins research per nite

Back in the 1950s (bull run wouldve helped): made over $2million from $25Gs in 18 months

2million maybe for some of u its peanuts but back in the 50s it was BIG MONEY

iv got no links but google him

 

• 14 June 2006

• #22

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nizar

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Thanks lesm great post

perhaps only a federal mint prints more money year in, year out than Cohen.

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Thats respect

 

• 14 June 2006

• #23

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Staybaker

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There's another article on those big swinging hedge fund managers available here. A lot of the same names pop up, but in a different order. Interesting reading.

Cheers, Staybaker.

 

• 14 June 2006

• #24

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phoenixrising

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Some say Jesse Livermore, but not me because he went broke 4 times and suicided in the end. Reportedly made $100 million shorting the 29 crash (and broke 5 yrs later) Money management???

 

• 14 June 2006

• #25

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It's Snake Pliskin

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Snake Pliskin

 

• 16 June 2006

• #26

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phoenixrising said:

Some say Jesse Livermore, but not me because he went broke 4 times and suicided in the end. Reportedly made $100 million shorting the 29 crash (and broke 5 yrs later) Money management???

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Agreed about Livermore......someone who kept going broke cannot be considered a great trader.
He clearly had the ability to make monster profits, but obviously didn't pay enough attention to risk management.
Livermore would have more credibility if he'd ammassed a fortune and kept it, by producing a modest profit consistently year after year in good times and bad, and compounding his profits.

Bunyip

 

• 16 June 2006

• #27

Realist

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someone who kept going broke cannot be considered a great trader.

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They are merely a typical trader.

 

• 28 February 2007

• #28

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Freeballinginawetsuit

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The greatest trader of all time>all these minnow new listings with nadda value but issuing themselves bulk shares/discounted oppies and diluting their holdings on the market........a few I could name.

Making millions without spending a brass razoo of their own coin.

 

• 28 February 2007

• #29

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nizar

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Nicholas Darvas

 

• 1 March 2007

• #30

tech/a

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It's Snake Pliskin said:

Snake Pliskin

Click to expand...

NAH!!!

YOGI

he never makes a BOOBOO

 

• 1 March 2007

• #31

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megla

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I'd love to know who is consisently the best stock competition winner... would be someone to pay attention to!

 

• 1 March 2007

• #32

>Apocalypto<

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Jesse Livermore

Greatest of all time who else cornered the cotton market on the own and lived to enjoy the profits!

Plus maybe the greatest short trader ever.

Yeh he went broke 4 times but that just proves his greatness imagine making millions then losing it all and borrowing money then coming back even stronger!

Close second Edd Seykota do I have to say any thing about him!

 

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• 1 March 2007

• #33

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nizar

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Ed Seykota nice 5Gs into 15mil over 12 years.

 

• 1 March 2007

• #34

Bronte

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William Delbert Gann 1878 - 1955
Reputed US$50 Million over 50 years.

 

• 1 March 2007

• #35

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ice

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Livermore for mine.

"Reminiscences of a Stock Operator" is the best/most useful book I have ever read about trading so I'm biased.


ice

 

• 1 March 2007

• #36

Bronte

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Somewhere in the book, I think Edwin Lefevre
writes that Gann bailed Livermore out (at least once).

 

• 1 March 2007

• #37

Kauri

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David Tweed...

 

• 1 March 2007

• #38

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ice

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Bronte said:

Somewhere in the book, I think Edwin Lefevre
writes that Gann bailed Livermore out (at least once).

Click to expand...

I never said he was any good at money management. lol


ice

 

• 1 March 2007

• #39

theasxgorilla

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Bronte said:

Somewhere in the book, I think Edwin Lefevre
writes that Gann bailed Livermore out (at least once).

Click to expand...

Which book...I've read ROASO cover to cover on serveral occasions...never saw Gann mentioned, or even alluded to.

 

• 1 March 2007

• #40

Bronte

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Richard Smitten has also released three books on 'Jesse Livermore'
Jesse was one million in debt at one stage.
He was also + US$100 after 1929 crash