People

Nicolas Darvas

Nicolas Darvas

Formal First Name
Nicolas
Dates
1920 - 1977

In the late 1950s, Nicolas Darvas was one half of the highest-paid dance team in show business. He was in the middle of a world tour, dancing before sold-out crowds. At the very same time, he was on his way to becoming a now-forgotten Wall Street legend, buying and selling stocks in his spare time using only Barron's weekly newspaper for research and sending telegrams to communicate with his broker. However, Darvas turned a $36,000 investment into more than $2.25 million in a three-year period. He is best known for his book, "How I Made $2,000,000 in the Stock Market."

ABOUT NICOLAS DARVAS

  • Darvas was a dancer, self-taught investor and author.

  • He developed the Darvas box theory that targets stocks using highs and volume as key indicators.

  • The Darvas box theory works best in a rising market and/or by targeting bullish sectors.