Nicolas Darvas

Nicolas Darvas

Nicolas Darvas (1920–1977) was a dancer, self-taught investor, and author. He is best known for his book, “How I Made $2,000,000 in the Stock Market.” Career Dancer. Hungarian by birth, Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either …

Career

Dancer

Hungarian by birth, Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either the Nazis or the Soviet Union took over, he fled in June 1943 at the age of 23 with a forged exit visa and fifty pounds sterling to Istanbul, Turkey. SomeInvestorDuring his off hours as a dancer, he had read some 200 books on the market and on speculators, sometimes reading up to eight hours a day. He began his studies by reading the following: 1. ABC of Investing, by R. C. Effinger 2. The Stock Market, by Dice & Eiteman 3. The Securities