Great financiers of the world

Dear investors, in this publication we decided to include interesting, in our opinion, information for everyone who begins to try their hand at the stock market. Of course, those who were already interested in the history of the formation of stock exchanges, met stories about the greatest financiers of the XIX-XX centuries in various books by different authors or found information on the Internet. We also decided to devote this chapter to small stories from the life of unique professionals who worked in the world's stock markets.

Perhaps the success stories of these people will help to derive their Law of success. We do not dare to classify, analyze the life and work of these people, but knowledge of the history of their lives will allow us to understand the philosophy and methods (approach to business) of their work and, possibly, find a way to develop our talents, as well as develop tactics (strategy) of work in the modern stock market. After analyzing the personal qualities of the greats of the world of finance, you can not only study them, but also consider them in relation to yourself. We hope that these stories will help you navigate the modern stock market. Maybe you will get inspiration and want to become a financier yourself, in this case, use Best Finance Resume Writing Services to make a resume with the highest quality that will help in finding a job.

- George Soros
- William Delbert Gunn
- Warren Edward Buffett
- Peter Lynch

George Soros

George Soros is a phenomenon relatively recent in the political horizon. Until 1980, this man was not known outside of Wall Street. His connections were limited to exchange circles. All the more interesting is his path, forms, methods and results of both charitable and financial activities. So, we present to your attention George Soros (nee Derd Shorosh).

When Soros was awarded an honorary degree at Oxford, when asked how he should be represented, he replied: “I want to be called a financial, philanthropic and philosophical speculator.” You cannot refuse an honorary doctor a sense of humor. By the way, this feature plays an important role in this field.

The future financier was born in 1930 in Budapest. His father, a lawyer by profession, came from Russia, survived the October Revolution. In 1947, the family moved to the UK. Here George graduated from the London School of Economics and in 1956 he moved to the United States, attracted by the opportunities that opened up there for entrepreneurship. The future “King of the speculators of the planet” began his business career as a stock broker, playing on the difference in the exchange rates of the New York and London exchanges. This did not give much capital, but he gained useful experience and connections. In 1961, having received American citizenship, Soros began work on the creation of the Quantum Fund investment, which became the core of the Quantum Group high-yield funds system.

These structures were engaged in forecasting market fluctuations in different parts of the world, quickly bought and sold local currency. Every thousand dollars invested in Quantum yielded $ 2 million by 1994. Superprofits were obtained due to super-risks. For example, one day, while playing golf, Soros heard that US-Japanese relations were complicated. He immediately ordered an hour and a half before the exchange closed to sell the entire stake in Japanese companies. The broker begged him to change his mind and consult with experts, but Soros remained adamant. And won!

William Delbert Gunn

Delbert Gunn is the greatest of all people who have ever been to Wall Street.
He went down in history, and his methods are still used by successful traders around the world. Without a doubt, the name Gann is legendary in the exchange world.

William Delbert Gunn was born on June 6, 1878 on a Texas farm. His family had 11 children, they all lived in a very small house without any frills. Young Willie went to school in Lufkin for seven years and dreamed of becoming a businessman. But since the work he could do on the farm was more important for the family, William never finished elementary or high school. As the eldest son, he had a special responsibility, and those years of work on the farm may have laid the foundation for his habit of working hard. A few years later, William began working in a brokerage house in Texarkan, and attended a business school in the evenings. In 1903, at the age of 25, he made a fateful move to New York, where he began to trade on the commodity and stock exchanges. In 1908, he opened his own brokerage office “V.D. Gann and Co. ”(W.D. Gann and Co.) on the corner of 18th Street and Broadway.

Using his method of technical analysis, Gunn earned more than $ 50 million in profit on exchanges! In today's markets, that would be about $ 500 million! After many decades of incredible success, Gann moved to Miami, Florida, where he continued his research until his death on June 14, 1955.

Gann based his trading methods on “time” rather than “price”, like many of today's systems. This allowed Gann to determine not only when the trend would change, but also the best price to enter or exit the market. Gann's methods were so accurate that in the presence of representatives of the main financial public, he made 286 transactions over 25 trading days in both long and short positions. Of these, 264 transactions were profitable!

Warren Edward Buffett

Warren Buffett is a great conservative! Evil tongues still claim that he is a terrible meanie, this is probably an exaggeration, but, as you know, perhaps it was modesty and conservatism that allowed him to be called the financial guru and the person who opened the money, like "Mozart discovered music."

Warren Edward Buffett was born in 1930 in Omaha, Nebraska. His father was the owner of a brokerage firm and a Republican congressman. As a boy, Warren began to show interest in business.

When he was only six years old, he bought a pack of six Coca-Cola bottles at his grandfather's store for 25 cents and resold the bottles individually at a penny apiece. So the investor earned his first five cents.

He entered college under the pressure of his father. The University of Pennsylvania, the young man was not satisfied, he complained that he already knew more. And two years later he transferred to the University of Nebraska-Lincoln. As a student, Buffett worked full time, which did not stop him from obtaining a diploma in just three years of study. His father insisted on postgraduate education, and Warren again with little enthusiasm applied to Harvard. Harvard Business School then refused the future billionaire investor with the phrase "too young." But for Buffett himself, that refusal became crucial: he went to New York and entered Columbia University, where he was taught by the famous investor of that time, Benjamin Graham. Meeting him changed the life of Warren Buffett. Now, Benjamin Graham has become the immediate supervisor of Buffett, who, upon graduation, became the only student ever to receive a Grade (A +) mark on his Graham course. The influence of the mentor was so great that Buffett tried to get a job in his office. He was ready to work even for free, but was rejected.

“Too Young,” Harvard Business School denied admission to Harren Business School with this verdict.
Buffett returned to his hometown, got married and tried to invest in Texaca gas stations and real estate, but these attempts did not bring him success. However, after a while, luck smiled at him: Benjamin Graham invited Warren to work in his company. He is moving to New York again. Buffett spends entire days analyzing Standard & Poor's reports looking for investment opportunities. It was then that his views began to diverge from the philosophy of the teacher.

Making a decision on investments, Graham considered only the financial statements of the company, with little interest in its management. But Buffett was thinking more and more about another question: how does the company work and what makes it the best among its kind? For six years at Graham’s office, Buffett increased his personal capital from $ 9.8 thousand to $ 140 thousand, after which he returned to his native Omaha and created his first investment partnership. Interestingly, he was able to convince a whole group of Omaha investors, each of which handed him 25 thousand dollars. Buffett, at that time, was able to put only $ 100 of his capital. He is appointed general manager of the company, and the business starts. Warren begins to buy stocks that are profitable from his point of view. He set himself a minimum goal: to beat the growth of the Dow Jones with his average 10% per year. When the partnership was dissolved in 1969, Buffett’s investments grew by 29.5% (compare with Dow, which grew by only 7.4% during the same time).

Buffett's principle is to invest only in companies that he personally likes. Companies such as American Express, Wells Fargo, Coca-Cola, Gillette, Washington Post - impressed him the most. And investing in them almost never let the billionaire down.

Peter Lynch

Peter Lynch has been named by the Wall Street Journal as one of the greatest investors in history for its remarkable work as manager of the famous Fidelity Magellan Fund.

Lynch, who grew up on the outskirts of Boston, was forced to work because his father died when he was only 10 years old, and Lynch had to help feed his family.

Lynch went to study at Boston College for a Cuddy scholarship, then to Wharton, where he received an MBA, and finally, in 1969, was admitted to Fidelity. He began his work as a research analyst specializing in the metallurgical industry. In 1974, he was promoted to the post of director of the research department, and three years later he was appointed head of the Majellan Foundation. As the manager of the largest fund, in the entire history of the development of the market, Peter Lynch devoted much time to personal communication with customers and partners. He also preferred to do most of the work himself: make appointments of 40-50 meetings a month, make dozens of calls daily.

At the same time, he devoted only 15 minutes a year to analyzing the market and exactly the same amount to analyzing macroeconomic indicators. Thanks to Lynch, the market drew attention to growth leaders such as Dunkin Donuts, Pier 1 Imports and Taso Bell. According to Lynch, the best results are achieved precisely due to slow but steady growth, for example, as shares of Chrysler and Stop-n-shop, the value of which has grown 20 times over 15 years.

In the 80s, Lynch despised the merger mania that swept the country, preferring to invest in more prosaic opportunities, such as a funeral home network, that is what everyone will eventually need. He advises looking for such promotions near the house where you come into contact with the goods and services of their issuing companies every day. In his essay, Stalking the Tenbagger, he shows how one of these small companies can easily turn into a famous ten-fold - a company whose shares could potentially grow tenfold.

His simple investment philosophy reads: “Choose an enterprise that any fool can manage, because sooner or later a fool will probably lead him.”

Lynch avoided working with options and futures and always believed that the main thing in investing was to catch a turning point in the fate of each company.

Can a woman become a good leader

Almost none of them would like to have your supervisor woman. Despite this, many women believe that they themselves could cope with the responsibilities of the head. But for this you must have the qualities of character that are far from each. Are you these features are inherent? Does it make sense for you to try to get a leadership position? For the head, including for women need certain character traits, which are listed below.

Responsible not only for their work but also for the work of others. This means that the responsibility for the work of subordinates a manager can only if he is competent in this area.

The ability to properly and timely decision-making, rather than waiting until it will make someone from his superiors. You need the ability to be proactive, advancing in its proposals and actions of other employees.

 The ability to distribute the duties among his subordinates, to organize the process of work of each employee and the whole unit so that the result has been to date, and the work is done efficiently and smoothly.

The ability to set the task in such a way that employees properly understand what is required of them. A misunderstanding between the superior and subordinate should not be, but it happens quite often.

Show more patience and less emotion. Reason and good judgment will help to work more accurately and efficiently. With regard to the calculation, it is peculiar to women in general.

It is known that women have the ability to monitor many more things at once. With these ever encountered in everyday life. We have to keep in mind everything from cases around the house and that it is necessary to buy a husband and children and ending with information on the job. Many believe that it is this ability and prevents a woman to be a good leader, because you have to be distracted by various extraneous issues. However, it is this feature can help if used correctly.

Continuous improvement - the key to the success of the designer

Of course, the study of specific areas of application design, there are some points that you need to understand. Designers need to be improved continuously by working on each project.

Types of design professions

 The printer or the designer of all that is printed (posters, logos, flyers, layout of magazines, booklets, labels, covers, big boards);

 Designer outdoor advertising (signboards, facades, store execution);

 Video designer (everything that moves - commercials, wallpapers, animation, design channel);

 3D-designer (creating three-dimensional scenes, objects, cartoons);

 Web designer (creation of sites for the Internet);

 Just designer (not fit specialization, for example - Plotter, pokleyschik).

Of course there are exceptions and versatile designers that combine two specialization. For example, video-designer can be a very good 3-D designer and create amazing videos with special effects.

If you are not yet firmly chose "whom specifically be" - it does not matter. To "the basics", a kind of "foundation novice", worth a proper study of the program of the "gentleman's set" a good designer. This 2 program. One - to work with raster image (usually - Adobe Photoshop), the other - with a vector (Corel Draw, Illustrator). In a nutshell the differences. Raster image composed of dots (pixels). When stretching (approximation) the deterioration - blocky, point. Stock same image is formed on the basis of mathematical formulas. When it is stretched (approximation) quality vector images remains unchanged.

For designers of paragraphs 2 and 4 is important to know the three-dimensional software (Maya, 3D MAX, Rhino). programs of the "gentleman's set" knowledge is not required but would be helpful.

To 1 and 5 the situation is diametrically opposite - a program of the "gentleman's set" is vital, while 3D-programs can significantly expand the technical capabilities of the designer.

For web designer and you need more knowledge of web pages markup language (HTML), as well as the technical characteristics of the various versions of HTML and web browsers.

Video designer (3), just the same needs, "gentleman's set", as well as a program for working with video (Adobe After Effect, Premiere, and so on. N.). Knowledge of 3D programs significantly increase the potential opportunities of the designer.

Finally, on the part of the study program - do not get carried away. Remember that in the works of the most important - it is the artist himself, and only what brushes it works, it's a private matter. Let him pencils writes - the main thing that turned out well and the artist liked.

Once you have learned the required number of programs, and independently made a few interesting things - we can safely proceed to the job search.

Personal qualities first designer must have integrity, adequacy, the ability to conduct business and plan the time, the ability to assess their strength, the desire to constantly learn, perseverance. These qualities will help to succeed, and to find regular customers. From professional - creativity and the search for innovative solutions - these qualities have always made the work varied and interesting. I would also like to note that a good designer is not necessarily a good web-designer. The picture, which creates a web-designer in the graphical editor, before becoming a full-fledged website will be held, at least, through the hands of coder or programmer. Therefore, the development of site design, you must have at least a small idea of ​​what will happen with the picture before it becomes a full-fledged website.

What should be done to resume has been read

Imagine, companies such as Microsoft, Hewlett Packard are more than 50,000 resume in a month only through their corporate websites. We can assume that in the major Ukrainian companies and staffing agencies, the situation is similar. If applying for a job in a large well-known company, chances are inversely proportional to the number of applicants.

It is easy and simple - not always effective

At first glance, sending out resumes by mail or placing on the corporate website is as easy and convenient. It is easy to find a job, it is easy to send. The costs in terms of the value of the Internet, are scanty. The process is maximally simplified and saves time job seekers.

You can send resume countless times, thereby increasing the probability of the alleged draw attention to themselves.

Advanced practice firms automatically confirm receipt of resume with gratitude.

The problems begin after the resume is sent. How to track, whether it is received? If received, by whom and whether the appointment? The candidate then just waiting for a letter or a phone call with an invitation for an interview.

They are waiting because the law presumes that this is their chance to get a job and that recruiters or HR-managers read their resumes.

Unfortunately, often they wait needlessly.

The mystery of HR-managers

The problem with this, at first glance, streamlined machine that most resume at first glance do not differ from each other.

Often nobody even consider any job, if a suitable vacancy is not relevant. It simply no one to deal with. Live people do "live" vacancies. A summary of the remaining special program just makes the database to "better times".

Such a program is not doing anything with the job, as long as they are not required for a particular job recruiter. Most resumes will remain in the database forever and never see the human eye ...

It was only when a recruiter or manager "proseyut" search program database for keywords to manageable amounts (usually less than a hundred), maybe someone sometime and read your resume.

Why did not anyone reading resume

Few HR recognized that do not read resumes, faithfully submitted by candidates. This fact would be a very bad PR for their company. However, no one in fact and did not promise that he will read all abstracts. Candidates "just assume" that there is some real chance to get a job, and the HR "a."

Unfortunately, this chance is more like a lottery. But the chance is still there, if you take into account some factors and follow certain rules:

Lack of recruiters

Often this happens because of the banal lack of congestion or resource managers. Their challenge is to close to 20-30 jobs per month, and resume come and come ... Tired recruiters resume browsing accumulated 1-2 times a week. If your resume does not get into this day, that it was somewhere "sorted" automatically.

Summary of spam

Mass mailing resume some candidates turned into a form of spam. Databases scored resume unqualified candidates applying for the job for which they have no skills.

Lack of keywords

search and sort program based on the number of keywords in a resume. If you are using are not quite right keywords pointing to the name of the desired position, industry, skill level, your chance to "find" are reduced.

Huge database

Number of incoming resume enormous. Some large firms and agencies are literally hundreds of resumes a day. Internal rules, some companies require applicants to preserve resume two to three years, so a large company database size may exceed tens of thousands of resumes.

HR-managers do not need to browse through thousands of resumes, they often simply "scan" database, do not find, say, 100 matching resume, and stop searching. If the summary has not previously been ordered by the level of skills and experience, and if you do not superkvalifitsirovanny specialist, the chances of being found are slim.

Alphabet

Chances even depend on how the letter begins your surname! If the summary sorted in alphabetical order, the candidates with the last name, for example, the letter "T" are less likely than "A", as recruiter has before it could find its target of 100 CV.

Weak search skills

Some search programs are so complex that most managers and recruiters are using only the most basic of its possibilities, not bothering to study advanced. Laziness and inability to thoroughly "prosherstit" the entire base is based on the mistaken belief that "the number is always transformed into quality." In our case it is not. 10,000 candidates in the database does not mean that there is sure to have 3 right (and ready to change jobs!) At this point ... a specialist.

The advantage of "passive" candidates

Since corporate recruiters become more advanced, they often focus on finding among workers, the so-called passive candidates at the expense of actively seeking work. They assume that once a candidate is interested and sent his resume, he was not going anywhere and he will declare itself. So do not hesitate to remind myself of.

It's not my job

If an applicant applies for a senior position, on which work has been farmed recruitment agencies, as his chances are slim. Internal recruiters have enough of their work and distracted by something for which the company pays money to others, they have no time. Let the agency work out their fees, they have their own databases and sources believed to HR.

It is unlikely that the companies would disclose such little secrets. However, an understanding of this part of the recruitment process will help you to be more tolerant of recruiters.

How to make your resume has become noticeable for recruiters?

You should have a summary in several formats: text, WORD and HTML (the so-called virtual, WEB- summary). Sent a letter to a prospective employer, in the body of the letter put the text version, WORD (RTF) - version - as an attachment. A link to the WEB-CV do in a brief cover letter.

 The summary should be loaded with 'key' words, first of all job titles and their synonyms, which your resume can look for internal and global search program.

Try to clearly and correctly formulate the purpose of job, ie what position you would like to receive in any sphere of activity. Inadmissible statements such as "Getting interesting, high-paying jobs," or banal "Find apply their knowledge, skills and acquired skills in the exciting emerging companies. Have the moral satisfaction from work and receive a decent and stable salary. " What can write 100% of the other applicants, you did not stand out.

The summary should be saturated with facts / achievements / results. Your success - that's what really sells your future employer, rather than a simple description of their duties. Also, the description of the results is more related to the keyword. Check and add the key points of the summary of words that you may be expected to look for.

Your resume should be visually appealing and graphically flawless. Fully use the capabilities of your computer: different fonts, underlining, spacing, alignment, formatting, colors. But do not overdo it.

Seriously consider writing the text in the "Subject" line. Use your full name and the name of the desired position.

the Internet as one of the key employees search methods

Ask a question today about whether or not to use the Internet to search for and selection of staff, it looks funny, because the answer is known in advance: Of course, it is worth. Thus, according to a study conducted by Forrester Research, most companies engaged in leasing personnel, satisfied with the work of Internet search engines. Nevertheless, more than half of employers use the services of such sites, you are going to spend more money on finding new employees over the network.

If three years ago through the internet looking for a job mainly computer scientists, but now the job market and resume a more than varied. Also varied and technology research candidates online. Modern recruiters to seek help in the selection of personnel in the area of ​​paid resources, whose owners carefully "filtered" incoming information into the database, as well as offer their users an arsenal of additional services. Detailed search form in the database, mailing jobs for target groups, publications in dozens of targeted resources, targeted advertising, and more. What do these results? They only support the idea that, in spite of its main advantages: efficiency, breadth audience, focus, low cost, and so on, Recruitment still can not solve many practical problems. In the first place among the complaints is worth - a requirement of the candidates in the second - inadequate job, and on the third by a wide margin from the first two - difficult to find a suitable candidate. Of course, you can carry a lot of talk about the fact that not all the experts read the job and resume publishing.

Special items of electronic recruiting are corporate websites which companies 'brands' are actively used for recruiting. Most of the leading companies in the corporate sites have a page dedicated to recruitment and vacancies companies. And if ten years ago, a third of the world's largest companies have used corporate websites for recruitment, but now these companies - almost 90%. At the same time, in search of work on the corporate website address is not only young professionals. The popularity of the Internet as a channel of information retrieval is increasing: more than half of the companies surveyed were more likely to use the Internet to search for staff.

In the first place on the web hunting for mid-level professionals (47.8% of the companies surveyed). For tops prefer direct search (headhunting). A vacancy unskilled workers closed by advertisements in newspapers, schools, employment centers, and applications to recruitment agencies. Internet for many - the main source of information about potential candidates. On the Internet there are all - sites for jobs, banking forums, social networks, search sites. For Internet search in the bank employees using passive, active and semi-active types of search. By passive is meant placing information about job openings on the Internet. Active involves searching for information about potential working professionals from other organizations. Semi-active direction - search on this site resumes of candidates.

One-third of companies (34.8%) are looking for on the internet employees of all levels, ranging from low-skilled professions, to the top position. "We use the internet to search for all types of personnel. The only exception is when the favored other search sources, is the need to find consultants. In such cases, often resorting to headhunting.

For managers the Internet is not the main source of job search, but it is also not neglected. Continuing to work in a company, they are, if necessary, periodically review the employers' proposals Network.

Specialists whose work is not connected with the computer, it is much harder to find on the Internet. If necessary candidates for specialty workers, the ads on the Internet will give the same effect as when looking for a financial analyst.

Advantages of online employee performance

Now very few companies that do not use the new technology. Organizations use the Internet daily work. And many people work only through the Internet.

Blagodyarya this:

 Reduced spending on supplies and equipment.

 Employees pay attention to work and not be distracted by extraneous events, as they have little interest in this.

 Such work is more efficient.

 The average salary of employees of below online, as mostly young professionals and there is no loss of time and money on travel.

The advantages are quite clear, but all employees will be able to work through the network, so it is necessary for many to follow. In order to ensure the quality of work and timeliness can be applied pre-testing, interviews, temporary work in the office, and so on. D.

Also there is a question about what employees can be hired through the Internet, because some jobs simply can not be put on the Internet! That is quite true. Through the Internet will be able to work only professionals with the information.

The list of experts with whom you can work through a network of

1. Programmer - it makes no sense to buy another PC to the programmer to allocate the workplace, if such an employee can work at home, and then send the necessary code.

2. The designer - it is clear that a designer is creative in a homelike atmosphere. And here, too, can be saved on a PC, indoors, pencil and paper, what else to talk about electricity, food, and so on. D.

3. Web-master - with the development of the Internet, these specialists were the most in demand. You can also say that they have introduced the concept of online work.

4. Interpreters.

5. Web-promoters.

6. Content Managers - if you need a PC or scanner operators, it is easier to put their homes by buying their scanner and PC, the effectiveness of these employees will be much higher. However, there is another option to increase the productivity of these employees - working in 3 shifts. But believe that the youth willingly begin to work through the Internet, to the same circle of people who can work through the Internet is much higher.

7. And many others.

Why online staff:

 Efficiency.

 Lower costs on employee performance.

 High quality of work.

 Convenience for the employee.