Charles Dow and Jessie Livermore
Charles Dow (1851-1902) Key Contributions: Co-founder of Dow Jones & Company (1882): Along with Edward Jones and Charles Bergstresser, Dow co-founded the company which initially focused on financial news and stock market data. Creation of the Dow Jones Industrial Average (DJIA) (1896): Dow created the DJIA, which became one of the most important indices in the stock market, measuring the performance of 12 large public companies. Dow Theory (Early 1900s): Through his editorials, Dow developed the Dow Theory, a foundational concept in technical analysis which interprets stock market trends and movements. Jessie Livermore (1877-1940) Key Contributions: Early Trading Career (1890s): Livermore began trading stocks as a teenager, making significant profits from market fluctuations. 1907 Market Crash: Livermore made a fortune by short selling during the Panic of 1907, earning millions by betting against the market. 1929 Market Crash: Livermore again profited during the Gr...