Popular since: Shorted Crash of 1929
Jesse Livermore or also called “Boy Plunger” was among very few traders who collected many profit from the Panic economy of 1907 and the Great Crash in 1929. His trading strategy generated around $100 million in short period of time.
His famous philosophy is, ‘Increase the size of your position if they’re moving in your favor and cut losses quickly.’ His message is still cited until today although he already died in 1940 in the age 67
Name: George Soros
Occupation: Director of Soros Fund Management
Popular since: Collecting $1 billion from UK Currency Crisis
Born in Budapest, in Aug 12, 1930, His name was never recognized
until one day ,in 1992, he cashed out $1 billion in one day after betting against the British currency .
Some media called him “The Man Who Broke The Bank Of England” and he is also known for his generous philanthropic action
8.Name: Paul Tudor Jones
Occupation: Owner & Founder of Tudor Investment Corporation
Popular since: Predicting 1987 Black Monday
Paul Tudor Jones started to be a media attention after he successfully predicted stock market collapse in 1987 and doubling his clients’ investment. In 2009, Paul Tudor Jones was worth around $6.3 billion.
Out of trading, he also managing the Robin Hood Foundation of New York to reduce poverty in New York City.
7.Name: James Jim Simons
Occupation: Founder of Renaissance Technologies
Popular since: Founding Quant Trading
James Jim Simons is old mathematician, poker player and also code-breaker.Renaissance Technologies, his hedge fund management company, found and popularized quantitative trading that help many trader to win trading in any market condition
His hedge fund has profited more than 30% yearly in the last 20 years. Simons decided to retire and became President of Euclidean Capital since January 2010.
6.Name: Nicolas Darvas
Occupation: Self-Taught Investor
Popular since: Released BOX Theory of Stock Picking
Darvas was a famous name on Wall Street in the late 1950’s after implementing a series of trades that changed $10,000 to $2 million after 18 months.
He named his trading secret BOX theory, a combination of technical and fundamental analysis that is still popular today.
5.Name: John Paulson
Occupation: President of Paulson & Co.
Popular since: Predicting Real Estate Bubble and housing market fall
In 2006, John Paulson trader was one of the view trader who took a chance of “The Greatest Trade Ever” and winning it.By wagering against risky mortgages sector and perilous financial firms he gained more than $15 billion that year.
4.Name: Steve A. Cohen
Occupation: Founder, SAC Capital Partners
Popular because of his ability to spot Opportunity
BusinessWeek called Cohen as “The most powerful trader on Wall Street,”. He is popular because of his ability to make profit regardless the market conditions.
On his first day worked on Gruntal & Co couple years ago, he collected $8,000 profit. Since 2009, his value is worth $11.4 billion.
3.Name: Ken Griffin
Occupation: Managing Director & CEO, Citadel Investment Group
Popular since: Launching Citadel Hedge Funds
Ken Griffin began his trading career when he was a student of Harvard University. His name started famous after Citadel Investment Group, one of the biggest hedge funds in the world, manage $13 billion from around the world. Some report said that his firm profited 3% of trading volume in New York in any given day
Occupation: Co-Founder of Quantum Fund
Popular since: Spotted Bull Market In Hard Assets
He was working with George Soros to build Quantum fund and he is known for his “Midas touch” in trading commodities. His trading strategy helped Quantum Fund generated 4200% of profit in the first 10 years.
When he was a child he sold peanuts in baseball games and he learn how to be a good trader from that job
1.Name: John D. Arnold
Occupation: Founder of Centaurus Advisors
Popular because his name is listed on World’s Best Energy Traders
With a net value of $2.7 billion, Arnold is known among the youngest billionaires in US. in 2001, His trading`s strategy in energy trading returned $750 million for Enron company.
His best performance is when he won a bet against Amaranth Advisors LLC on natural gas couple years ago. It was reported that he generated $2 billion after taking short position versus Amaranth advisors
One day, Do you like to be one of the richest traders/ brokers in the world ?