The founder of Investor’s Business Daily, a top investment newsletter, author of “How to Make Money in Stocks” a book which lays out his investment philosophy and secrets to investing in leading growth stocks in the right market conditions. Bill O’Neil studied business at Southern Methodist University before beginning his career as a stockbroker in 1958, where he was an early proponent of computers as a tool in investment (which at that time were much less common). As a stockbroker he first developed his CANSLIM method (which is outlined in detail in his aforementioned book). CANSLIM is a system for only investing in growth stocks which meet certain fundamental criteria and has proven itself over time to be an excellent way to narrow down individual stock picks to the cream of the crop growth stocks. With his system he outperformed all other brokers in his firm, and at the young age of 30 Bill O’Neil became the youngest person to purchase a seat on the New York Stock Exchange (NYSE).
Investor’s Business Daily is now a weekly online publication which has continued to provide investors with tools and insight at the click of a mouse, for investors interested in learning about and picking individual growth stocks or a portfolio of growth stocks as a part of their overall investment scheme. This is an example of a man who continued to innovate throughout his career and didn’t see things how they were and stop. He saw things how they were, had a vision for how he wanted them to be, and made that vision a reality that has changed and enriched countless lives to this day.
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