The world of market trading has been shaped by many influential figures, but a few stand out for their lasting impact and legendary success. These traders didn’t just profit—they changed the game and left valuable lessons for future investors. Let’s take a look at five famous market traders and investors who reshaped the world of trading.
1. Warren Buffett – The Oracle of Omaha
Did you know Warren Buffett made his first stock purchase at the age of 11? Fast forward to today, and Buffett is considered one of the greatest investors of all time. His philosophy? Value investing. Buffett is known for buying undervalued companies with strong fundamentals and holding them for the long term. He famously said, “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
2. George Soros – The Man Who Broke the Bank of England
George Soros is famously known for making $1 billion in a single day. In 1992, Soros placed a massive bet against the British pound, predicting that it was overvalued. When the pound crashed, Soros walked away with a fortune. He used a strategy called currency speculation, and his keen understanding of macroeconomic forces allowed him to make bold, profitable moves.
3. Paul Tudor Jones – Master of Market Timing
Did you know Paul Tudor Jones predicted and profited from the 1987 stock market crash? Known for his ability to anticipate market trends, Jones made his mark by focusing on technical analysis and market timing. He’s a master of risk management and never lets emotions drive his decisions, making sure to always have a plan in place.
4. Jesse Livermore – The Great Bear of Wall Street
Jesse Livermore was a self-taught trader who made (and lost) several fortunes in his career. He’s most famous for his massive profits during the 1929 stock market crash, when he successfully shorted the market. Livermore is often cited as one of the first traders to use trend-following strategies and was a pioneer in understanding market psychology.
These legendary traders didn’t just follow the crowd—they blazed their own trails, leaving behind valuable lessons for today’s traders.
5. Louis B. Mendelsohn – Master of Market Timing
After graduating from high school in 1965 Mr. Mendelsohn attended Carnegie Mellon University where he received a B.S. degree in Administration and Management Science in 1969. Later he was awarded an M.S.W. degree from the State University of New York at Buffalo in 1973, and an M.B.A. degree with Honors from Boston University in 1977. He remained interested in artificial intelligence from his college days at Carnegie Mellon which had an A.I. lab back in the 60s.
In 1983, Mr. Mendelsohn stunned the financial industry when he released ProfitTaker, the first commercially available strategy back-testing trading software for personal computers. This early effort was eclipsed in 1991 when he released VantagePoint Software, which pioneered the application of artificial intelligence and fully-trained deep-learning neural networks to financial market analysis. He also received two U.S. patents in 2013, the first on Intermarket Analysis, and the second on Calculating Predictive Technical Indicators.
Today VantagePoint is used by over 40,000 independent traders across 160 countries. VantagePoint’s artificial intelligence software forecasts Stocks, Futures, Options, Forex, Cryptocurrencies, and ETFs with proven accuracy of up to 87.4%.
Tip for New Traders – Did you know you can harness the power of artificial intelligence to improve your trading decisions?
Join our free live class to discover how A.I. can help you find trades quickly and confidently, and so much more!
