Martin Schwartz
Encyclopedia
Martin S. Schwartz is a Wall Street trader who made his fortune successfully trading stock
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...

s, futures and options. He received national attention when he won the U.S. Investing Championship in 1984. He is the author of Pit Bull: Lessons from Wall Street's Champion Day Trader.

Education

Graduated with a degree from Amherst College
Amherst College
Amherst College is a private liberal arts college located in Amherst, Massachusetts, United States. Amherst is an exclusively undergraduate four-year institution and enrolled 1,744 students in the fall of 2009...

 in 1967 and Received an MBA from Columbia University
Columbia University
Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...

 in 1970.

Career

Served in the U.S. Marine Corps
United States Marine Corps
The United States Marine Corps is a branch of the United States Armed Forces responsible for providing power projection from the sea, using the mobility of the United States Navy to deliver combined-arms task forces rapidly. It is one of seven uniformed services of the United States...

 Reserves from 1968–73, completed his commitment with rank of Captain, after working several years in what he considered to be a dead-end job as a financial analyst at
E. F. Hutton, Martin accumulated a nest egg of $100,000, quit the firm, and bought a seat on the
American Stock Exchange
American Stock Exchange
NYSE Amex Equities, formerly known as the American Stock Exchange is an American stock exchange situated in New York. AMEX was a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. On January 17, 2008, NYSE Euronext announced it would acquire the...

where he began trading stocks options and futures. In his first full year as an independent trader he made $600,000 and a year later earned $1.2 million.

Marti's style is to get in and out of positions in a hurry, in 1985 began his
own fund in which he would manage other people's money as well as his own. He is most
famous for writing the book Pit Bull: Lessons from Wall Street?s Champion Day Trader,
based on that professional life.

Other Endeavors

Martin is a Champion Horse owner.
http://www.ntra.com/stats_bios.aspx?id=12733http://www.courier-journal.com/apps/pbcs.dll/article?AID=/20060813/SPORTS0802/608130442/1002/SPORTShttp://www.findarticles.com/p/articles/mi_qn4158/is_20050618/ai_n14672574http://www.thoroughbredinternet.com/home.html?NewSite=1

Further reading

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK