"After 16 years of studying the stock market, I didn't really understand how it works until I read the books by Larry Williams. I highly recommend you read them, too." --Trader Gregg
Larry Williams & his daughter, actress Michelle Williams
In 1982, his book "How to Prosper in the Coming Good Years" was published. It forecast the largest bull market and surge of economic growth the United States has ever seen. The book was written at a time when the majority of pundits were calling for a slowdown in economic growth and stock market, which is exactly the opposite of what Williams forecast.
In 1987, Williams won the World Cup Championship of Futures Trading, sponsored by Robbins Trading Company, trading $10,000 in real money to $1,147,000 in 12 months – a feat no one else has come close to matching. It was a wild year, as Williams ran his winnings to more than $2,000,000 by the end of September, dropped down to $750,000 after the October ‘87 crash, and traded back to the $1,147,000 mark by the end of the year. (By the way, Larry went to Brigham Young University in the 1960’s).
In 1997, at age 16, his daughter, actress Michelle Williams (Dawson’s Creek, Brokeback Mountain) used what her father taught her and won the same competition with exactly 1000% return, turning $10,000 into $110,000. (Not bad for a high school student…..)