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Publisher's Summary

Hungarian by birth, Nicolas Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either the Nazis or the Soviets took over, he fled at the age of 23 with a forged exit visa and 50 pounds sterling to stave off hunger in Istanbul, Turkey. During his off hours as a dancer, he read some 200 books on the market and the great speculators, spending as much as eight hours a day studying.

Darvas invested his money into a couple of stocks that had been hitting their 52-week high. He was utterly surprised that the stocks continued to rise and subsequently sold them to make a large profit. His main source of stock selection was Barron's Magazine. At the age of 39, after accumulating his fortune, Darvas documented his techniques in the book, How I Made 2,000,000 in the Stock Market. The book describes his unique "Box System", which he used to buy and sell stocks. Darvas' book remains a classic stock market text to this day.

©2019 Nicolas Darvas (P)2019 Nicolas Darvas

What listeners say about How I Made $2,000,000 in the Stock Market

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  • Overall
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    3 out of 5 stars

It's full of figures, which is no use for reader +

the story is interesting, but the book is full of figures that too from 4 decade ago making it of no use for the reader/listener. to summarise the book is like a dictation if authors Stocks account (he bought 1000 abc stock for 34.58 cents investing 35k, he sold it for 40k, thereby making 5k) 50% book I felt is filled with such number which for a reader is of no use, esp. since there numbers are from 1960's. the author could have spent more time on theory instead of telling us about his stock p&L

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Very simple technique but very difficult to follow in today’s era

Like the way he trade. Buy at high price n sell at higher price- golden rule to make money. I am also following this rule and it’s work very well. Book written before 70 years still make same sense. Human psychology never changes.

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    5 out of 5 stars

Learned a lot . will listen it again . Fascinating

wow I finished in just 2.days . It is so interesting. I would like to Listen 😊 again.

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  • Vee
  • 07-07-20

Poor job from the narrator, fluff book

Omg! Where are you flying to, Mr. Narrator? Reads too fast. Even after slowing the speed, it is still too fast. Also this book is just fluff. Waste of my credit. Nothing deep or useful to learn. Narrator also didn’t help to make it worthwhile. Bad bad bad!

1 person found this helpful

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  • Jacob Martincic
  • 26-11-19

Great story

Another inspiring stock market story! I think the best part about this book is that Darvas goes over many failures as he was trying to figure out how the market works, which is reality. Good stuff!

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  • greg99
  • 10-10-20

Good stock market strategy

This mirrors the IBD system before IBD was even a company. A must listen.

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  • Kevin w.
  • 02-10-20

Great

Very candid! A must read for anyone who is into stock market stories. Reviews must be 15 characters long.

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  • Mr. Philip Bleakley
  • 07-07-20

Simple and to the Point

I thoroughly enjoyed this book. The author tells his story of how he made his fortune trading stocks. After a very rocky start he eventually devises his own relatively simple method for trading which he calls his "Box System". The one slight criticism I would have is that listening in audio format sometimes the lists of stock prices are a bit hard to follow and would likely be better displayed in a visual format.

1 person found this helpful

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  • Mr. Zuaibh Malik
  • 25-03-20

one of the best books I have read

very good book he talk about how he did it very knowledgeable book I learnt a lot from it