Larry R. Williams

Larry Richard Williams (born October 6, 1942) is an American author, stock and commodity trader and politician from the state of Montana. He is the father of actress Michelle Williams.

Early life

Williams was born in Miles City, Montana, on October 6, 1942, the son of Sylva Berthea (née Brurs) and Richard Sigwart Williams.[1] He is of Norwegian, German, and English ancestry.[2] In 1960, he graduated from Billings High School, in Billings, Montana. There he was active in sports, on the all-state football team, and was the sports editor of the school paper. He is a graduate of the School of Journalism, class of 1964 at the University of Oregon in Eugene. Williams was a member of Alpha Delta Sigma (Honorary Professional Fraternity) while at Oregon and served as National President. He is also a member of Sigma Chi at the University of Oregon and received the fraternity's highest national award, "Significant Sig", along with Andy Rooney, Brad Pitt and many other notable members.[3]

Career

Williams is the author of eleven books, most on stocks and commodity trading. Other books include The Mount Sinai Myth, based on an archeological search for Mt. Sinai in Egypt. This book was featured in Vanity Fair in a re-write by Howard Blum.[4]

Confessions of a Radical Tax Protestor discusses his battle with the Internal Revenue Service, which led to a trial on three charges of tax evasion. On February 5, 2010 those charges were dropped and he pleaded guilty to three misdemeanor charges of failing to file income tax returns on time (for tax years 1999, 2000, and 2001).[5][6][7]

Williams funds a six-figure scholarship at the University of Oregon in honor of his college professor, Max Wales, restricted to "journalism and communication students who... have demonstrated creative talent, but may not have a high grade point average."[8]

Williams has created numerous market indicators including Williams %R, Ultimate Oscillator, COT indices, accumulation/distribution indicators, cycle forecasts, market sentiment and value measurements for commodity prices.[9][10] Williams won the 1987 World Cup Championship of Futures Trading from the Robbins Trading Company, where he turned $10,000 to over $1,100,000 (10,900%) in a 12-month competition with real money. Ten years later his daughter, actress Michelle Wiliams, won the same contest.[11]

In November 2014, at the Traders Expo in Las Vegas, Larry Williams recorded a series of four videos discussing his 50+ years of trading. He covered topics such as indicators, risk management, COT data etc. The videos are made available and archived.[12]

Williams' son, psychiatrist Jason Williams, has written a book on the personality of winning traders, The Mental Edge in Trading.[13]

Politics

Williams was twice the Republican Party nominee to the United States Senate in Montana. In 1978 he defeated Bill Osborne and Clancy Rich in the Republican primary with 35,479 votes (61.66%)[14] and then lost to Democratic U.S. Representative Max Baucus in the general election by 160,353 votes (55.69%) to 127,589 (44.31%).[15] In 1982, he defeated attorney Willie Dee Morris in the primary by 49,615 votes (88.11%) to 6,696 (11.89%)[16] and was then defeated in the general election by incumbent Democratic U.S. Senator John Melcher by 174,861 votes (54.46%) to 133,789 (41.67%).[17][18]

He sponsored Initiative 86, which made Montana the first state to index tax brackets for inflation.[19] Williams was one of the founders of the "Rock and Roll Marathons" that have raised in excess of $170 million for charities throughout the world.[20]

References

  1. ↑ Vitale, Sarah A. (1992). Who's who in California. Who's Who Historical Society. p. 349. ISBN 1-880142-01-5.
  2. ↑ "Michelle Williams: Biography". imdb.com. Retrieved January 12, 2014.
  3. ↑ "Sigma Chi Significant Sigs". sigmachi.org. Retrieved March 18, 2014.
  4. ↑ "Howard Blum – Vanity Fair". vanityfair.com. Retrieved January 12, 2014.
  5. ↑ Williams, Larry R. Confessions of a Radical Tax Protestor, p. 200, John Wiley & Sons, Inc. (2011).
  6. ↑ See generally United States v. Williams, case no. 3:06-cr-00787-H, U.S. District Court for the Southern District of California (San Diego Div.).
  7. ↑ Planet Money podcast Episode 685: "Larry vs. the IRS", February 19, 2016.
  8. ↑ "Larry R. Williams Scholarship in honor of Max Wales". University of Oregon. Retrieved January 12, 2014.
  9. ↑ "Williams Percent R Indicator (%R)". williamspercentr.com. Retrieved March 18, 2014.
  10. ↑ "Intraday Seasonal Cycle Forecast Trading Charts of Major Markets". intradayseasonals.com. Retrieved March 18, 2014.
  11. ↑ http://www.robbinstrading.com/worldcup/standings.asp
  12. ↑ "Larry Williams". tradeshark.com.
  13. ↑ (McGraw Hill, 2012).
  14. ↑ "MT US Senate- R Primary 1978". Our Campaigns. Retrieved April 16, 2016.
  15. ↑ "MT US Senate 1978". Our Campaigns. Retrieved April 16, 2016.
  16. ↑ "MT US Senate- R Primary 1982". Our Campaigns. Retrieved April 16, 2016.
  17. ↑ "MT US Senate 1982". Our Campaigns. Retrieved April 16, 2016.
  18. ↑ "Report of the official canvass by County of votes cast at the general election, held in the State of Montana ... (exclusive of votes cast for members of the legislature) : Montana. Secretary of State : Free Download & Streaming : Internet Archive". archive.org. Retrieved April 4, 2014.
  19. ↑ "Report of the official canvass by County of votes cast at the general election, held in the State of Montana ... (exclusive of votes cast for members of the legislature) : Montana. Secretary of State : Free Download & Streaming : Internet Archive". archive.org. Retrieved April 4, 2014.
  20. ↑ "Rock N Roll Marathon- San Diego". teamintraining.org. Retrieved January 12, 2014.

External links

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