Continuing to talk about the outstanding people, today we will tell you about a famous American entrepreneur, talented traders and magnificent writer - William O'Neill.
William J. O'Neil was born in Oklahoma City March 25, 1933. The family is not very well-known artist and ordinary employee of a barbershop. Firstborn were very happy, because the mother of William little long time could not conceive. Birth of a son was both spouses real treat. And the child answered his loving parents in return. He was very clever and comer, this William repeatedly urged not only their relatives but also strangers.
When he was seven years old, the family was forced to move to Texas. There he went to school and graduated with distinction. Since childhood, O'Neill wrote poetry and dreamed of becoming a writer, so after high school, he enrolled at Southern Methodist University, where he taught in the classroom is not only the humanities, but also a variety of financial discipline. There, the young William acquainted with the basics of entrepreneurship. After that, he decided that necessarily will open its case. According to the teachers, William, learning was easy for him. He's like a sponge, soaking up all the knowledge and striving for new disciplines. While many classmates O'Neal spent money on their entertainment and completely self-education, William spent much time reading and sitting in the university library, where he first met his future wife. Their eyes met and they fell in love, as in the tale of the good, at first sight. Young people began to meet, but their relationship did not last long because, as studies at the University came to an end, and William was drafted into the army. He was later sent to the U.S. Air Force.
All this time the lovers corresponded, and promised to be faithful to each other. After the service, grown and matured, William kept his promise and married his beloved. William's family came to live with the bride's parents. And as often happens when the romance ended, began the harsh everyday routine. William ran into financial problems and was forced to go to part time in the local edition courier. The payment was not too high, but O'Neal was interested more lessons learned than the material side of things.
Coming back, home after work, William was engaged in reading, and all the while writing something in his father's old pad. When William O'Neal turned 27, he decided to try himself as a stockbroker. So he got in Hayden, Stone & Co. Work on the exchange did not bring the desired income, so William O'Neill began to analyze all existing financial theory and tried to create their own methods of building your own business on the stock exchange. Gradually, he developed his own system for profit and began to get a small but steady income.
But William always thought that he has a sufficient store of knowledge, so O'Neill has decided to continue his studies and went to Harvard Business School. To do this, the family had to move to Cambridge, Massachusetts. Here, the couple settled in O'Neill small rented apartment, where in a short time they had to leave after a couple of interesting provisions William. Living in a family hostel, O'Neill, he went on to study management and finance. Moreover, the case for the exchange was improving. Thus, in one year he increased the initial value of the shares in 5000 to U.S. $ 200,000 U.S. dollars. Also, he was able to crank out three good deals on shares "Korvette", "Syntex" and "Syntex".
In early 1964, to receive income from the sale of shares, William gained a place on the trading floor, owned by the New York Stock Exchange. Half a year later William O'Neil organized analytical and institutional brokerage firm under the name "William O'Neil & Co. '. William later became one of the first entrepreneurs who created a complete electronic database of the stock market. He implemented his ideas in his own company and thus created her unique image.
Once in a financial environment news of the new company, which was engaged in research of securities, William began to get a lot of money, about which so long dreamed of. But, not wanting to stay on just one area of activity, William decided in 1983 to establish a newspaper "Investor's Daily". According to experts, this was a risky business, because no one famous newspaper could not compete with such well-known publications as the "Wall Street Journal". But William still took a chance and invested in business pechanoe money.
Initially, the paper's circulation was only 30,000 copies, but four years later he has risen to 110 000 copies and continued to grow. Trump card edition O'Neal had financial data tables, which were not found in any other publication. By this time, the family grew and William. In all the years of living together in a marriage the couple acquired O'Neal one son and two daughters. It was they who gave the idea to develop a theory of William CAN SLIM, which translated means (a son and two daughters). With each letter in the abbreviation for definitions of financial indicators, such as, C - mean quarterly earnings per share to increase by at least 15% for the quarter, A - means the annual return on equity in the ratio of 25% of the previous year for the last 3 years.
Their ideas William in late 1988 decided to merge in a book called "How to make money in stocks." In this book, O'Neill gave specific recommendations to trade on the exchange. Besides, the feed material was so clear and concise, that every man, does not understand the system of exchange trading, could easily learn all the tricks. Then came the publication "How to make money in the stock market. Trading strategy to rise and fall. " In this book, the author focused on the system of picking stocks CAN SLIM, due to which many U.S. investors have had time to put together a solid state. Still later, the book "Successful investor. What you need to know to invest profitably and avoid big losses. " Currently, William is engaged in entrepreneurial activities, writing new books and gives lectures on the stock exchange. Rumored to be in the near future admirers O 'Neal will have another masterpiece and new tips.