Martin S. Schwartz

Martin S. Schwartz
Occupation	Investor / Trader
Born	1945
Career wins	ongoing
Major racing wins
Discovery Handicap (2002) Meadowlands Cup (2003) Coronation Stakes (2005) Beverly D. Stakes (2005, 2006, 2011) Bewitch Stakes (2005) Just A Game (2006) Appalachian Stakes (2006) Regret Stakes (2006) First Lady Stakes (2006) Spinster Stakes (2006) San Gorgonio Handicap (2007) Buena Vista Handicap (2007) Santa Ana Handicap (2007) Doubledogdare Stakes (2007) Oujia Board Handicap (2007) Cash Call Mile (2007) Prix Imprudence (2009) Poule d'Essai des Pouliches (2009) Prix de Diane (2009) Prix Vermeille (2009) Prix Vanteaux (2010) La Coupe (2010) Prix de Psyché (2010) Prix Jean Romanet (2010) Prix Quincey (2010) Diana Stakes (2011) Flower Bowl Invitational Handicap (2011) Endeavour Stakes (2012) Hillsborough Stakes (2012) Gallorette Handicap (2012) Ballston Spa Handicap (2012) Garden City Handicap (2012, 2013) Pilgrim Stakes (2012) American Turf Stakes (2013) French Classic Race wins: Poule d'Essai des Pouliches (2009) Prix de Diane (2009) Irish Classic Race wins: Irish 1000 Guineas (2012) Breeders Cup wins: Breeders' Cup Filly & Mare Turf (2012)
Significant horses
Gorella, Asi Siempre, Angara, Lady of Venice, Bowman's Band, Maids Causeway, Samitar, Stacelita, Elusive Wave, Silver Cup, Zagora

Martin S. Schwartz (Buzzy) is a Wall Street trader who made his fortune successfully trading stocks, futures and options. He received national attention when he won the U.S. Investing Championship in 1984. He is the author of Pit Bull: Lessons from Wall Street's Champion Day Trader.

Education

Graduated with a degree from Amherst College in 1967^[1] and Received an MBA from Columbia University in 1970.

Career

Schwartz served in the U.S. Marine Corps Reserves from 1968–73 and completed his commitment with rank of Captain. After working several years in what he considered to be a dead-end job as a financial analyst at E. F. Hutton, Martin accumulated a nest egg of $100,000, quit the firm, and bought a seat on the American Stock Exchange where he began trading stocks options and futures. In his first full year as an independent trader he made $600,000 and a year later earned $1.2 million.^[2]

Marti's style is to get in and out of positions in a hurry, in 1985 began his own fund in which he would manage other people's money as well as his own. He is most famous for writing the book Pit Bull: Lessons from Wall Street's Champion Day Trader, based on that professional life.

In Spring 2013, on the 50th anniversary of his enrollment as a freshman, he came back to Amherst College and gave a lecture on his technique, and on philosophy of life using combination of work ethic, intelligence, and sheer guts. The lecture is available online.^[3]

Other endeavors

Martin is a second Champion Horse owner.

References

1. Morine, David E. (2003). "Chapter 15: Betting With Buzzy". Small Claims: My Little Trials in Life. Camden, Maine: Down East Books. p. 135. ISBN 0-89272-619-9. Retrieved 25 March 2012.
2. "Martin Schwartz". forextraders. 23 February 2011. Retrieved 25 March 2012.
3. Video on YouTube

Bibliography

Schwartz, Martin (1999). Pit Bull: Lessons from Wall Street's Champion Day Trader. Collins. ISBN 0-88730-956-9.

Further reading

Schwager, Jack D. (1993). Market Wizards: Interviews with Top Traders. 20 pages: Collins; Reissue edition. ISBN 0-88730-610-1.

External links

"Curated Interview With Marty Schwartz From Market Wizards". Curated Alpha.

"A Market Wizard Speaks: Marty Schwartz at Amherst College, Spring 2013".