Martin Edward Zweig (July 2, 1942 – February 18, 2013) was an

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stock investor,

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, and

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. According to ''

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'' magazine, he was renowned for his "eccentric and lavish lifestyle" as well as having had the most expensive residence in the United States at the time, atop

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. It was listed on the

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market in 2004 for $70 million and in March 2013 for $125 million. His particular investing methodology was based on selecting

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that also have certain value characteristics, through a system that uses both

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and

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. He died in 2013 at the age of 70.

Education

Zweig started buying stocks as a teenager, reputedly purchasing his first stock at age 13 and from that point on vowing to become a millionaire. Following high school, he earned degrees from three business schools, including a

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from the

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in 1964, an

MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

degree from the University of Miami School of Business in 1967, and a

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in finance from

Michigan State University Michigan State University (Michigan State, MSU) is a public university, public Land-grant university, land-grant research university in East Lansing, Michigan. It was founded in 1855 as the Agricultural College of the State of Michigan, the fi ...

in 1969. He later taught finance at

Iona College Iona University is a private Roman Catholic university with a main campus in New Rochelle, New York. It was founded in 1940 by the Congregation of Christian Brothers and occupies a campus of in New Rochelle and a campus of in Bronxville, ...

and

Baruch College Baruch College (officially the Bernard M. Baruch College) is a public college in New York City. It is a constituent college of the City University of New York system. Named for financier and statesman Bernard M. Baruch, the college operates unde ...

''Winning on Wall Street''

Zweig began his career in the 1970s as an investment newsletter writer and contributed numerous articles to

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. He went on to become a successful and influential investment adviser on Wall Street, known for his exhaustive data studies. In 1986, Zweig authored the book ''Winning on Wall Street''. In it, he called

Jesse Livermore Jesse Lauriston Livermore (July 26, 1877 – November 28, 1940) was an American stock trader. He is considered a pioneer of day trading and was the basis for the main character of '' Reminiscences of a Stock Operator'', a best-selling book by Ed ...

one of his heroes and "one of the most fabulous traders of all time," recommending that people read the 1923

Edwin Lefèvre Edwin Lefèvre (1871–1943) was an American journalist, writer, and diplomat, who is most noted for his writings on Wall Street business. Biography Lefèvre was born George Edwin Henry Lefèvre on January 23, 1871 in Colón, Colombia (now ...

book ''

Reminiscences of a Stock Operator ''Reminiscences of a Stock Operator'' is a 1923 roman à clef by American author Edwin Lefèvre. It is told in the first person by a character inspired by the life of stock trader Jesse Livermore up to that point. The book remains in print (). ...

''.

Mutual fund manager

Zweig appeared regularly on

PBS The Public Broadcasting Service (PBS) is an American public broadcasting, public broadcaster and Non-commercial activity, non-commercial, Terrestrial television, free-to-air television network based in Arlington, Virginia. PBS is a publicly fu ...

television's '' Wall $treet Week with Louis Rukeyser'', and in 1992 he was voted into the program's Hall of Fame. It was on that very program that he stated on 16 October 1987, that he was deeply worried and did not like what he saw in the stock market. The 1987 stock market crash occurred on 19 October 1987. At the time of his death Zweig was the chairman of Zweig-DiMenna Associates, Inc. He is also featured in John Reese's recent book, ''The Guru Investor: How to Beat the Market Using History's Best Investment Strategies''.

Personal life

Although no cause of death was given in his obituary, Zweig had been treated for cancer, and underwent a liver transplant in 2010 with tissue from his younger son.

Bibliography

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References

External links

Interactive Zweig Model

Martin Zweig Unofficial Web Site
*

' {{DEFAULTSORT:Zweig, Martin 1942 births American money managers American financial analysts Businesspeople from Cleveland Stock and commodity market managers University of Miami Business School alumni Wharton School of the University of Pennsylvania alumni 20th-century American Jews Michigan State University alumni American investors American stock traders 2013 deaths 20th-century American businesspeople 21st-century American Jews