Michael Marcus (trader)

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title: "Michael Marcus (trader)" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["1947-births", "living-people", "people-from-providence,-rhode-island", "johns-hopkins-university-alumni", "clark-university-alumni", "american-businesspeople-in-finance", "american-money-managers", "stock-and-commodity-market-managers", "american-philanthropists", "american-stock-traders", "american-financial-traders", "currency-traders", "american-commodities-traders"] description: "American futures trader (1947–2023)" topic_path: "economics" source: "https://en.wikipedia.org/wiki/Michael_Marcus_(trader)" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary American futures trader (1947–2023) ::

::data[format=table title="Infobox person"]

Field	Value
name	Michael Phillips Marcus
birth_date
death_date
::

::figure[src="https://upload.wikimedia.org/wikipedia/commons/2/24/MichaelMarcus.jpg" caption="Michael Marcus at his trading office."] ::

| name = Michael Phillips Marcus | birth_date = | death_date = Michael Phillips Marcus{{cite book | url=https://jscholarship.library.jhu.edu/bitstream/handle/1774.2/36821/commencement1969.pdf | article=Bachelors of Arts | title=Conferring of Degrees at the close of the ninety-third academic year | date=1969-06-06 | page=19 | publisher=The Johns Hopkins University | location=Baltimore, Maryland | accessdate=2020-11-04}} was a commodities trader who, in less than 20 years, is reputed to have turned his initial $30,000 into $80 million.{{cite book | last = Schwartz | first = Martin | author-link = Martin S. Schwartz | title = Pit Bull | publisher = Collins | year = 1999 | location = | pages = 22, 176, 179, 184, 190 | url = https://archive.org/details/pitbull00mart | isbn = 0-88730-956-9

Career

Marcus began his trading career in 1972 when he bought plywood futures with his life savings of $7000. In the summer of 1972 President Richard Nixon froze prices of some commodities, but the futures contracts rallied sharply, increasing Marcus' stake from $7000 into $12,000. In 1973 he turned $24,000 into $64,000.

Marcus learned money management laws from Ed Seykota, whom he met while working as an analyst.{{cite news | last = Weiss | first = Philip | title = George Soros's Right-Wing Twin | publisher = New York magazine | date = 2005-08-08 | url = http://www.trendfollowing.com/whitepaper/bruce-kovner.pdf | last = Griffiths | first = Jay | title = Colonising the night | work = | pages = | language = | publisher = Red Pepper magazine | date = | url = http://www.redpepper.org.uk/cularch/xmayday.html | accessdate = 2006-08-06 |archiveurl = https://web.archive.org/web/20060513143738/http://www.redpepper.org.uk/cularch/xmayday.html |archivedate = 2006-05-13}} Marcus eventually became an EVP at Commodities Corporation. Marcus has recently invested in small-company stock through his holding company Canmarc Trading Co and later made private-placement investments in small OTC Bulletin Board listed companies like Prospector Consolidated Resources and Encore Clean Energy Inc and Pink Sheets Touchstone Resources.

ViRexx Medical Corp, a company focused on immunotherapy treatments for certain cancers, chronic hepatitis B and C, and embolotherapy treatments for tumors, announced Marcus's election to its Board of Directors at its Annual General Meeting held May 25, 2006.

Marcus was briefly featured by Thomas A Bass, in the book The Predictors: How a Band of Maverick Physicists Used Chaos Theory to Trade Their Way to a Fortune on Wall Street.{{cite book | last = Bass | first = Thomas A. | title = The Predictors | publisher = Owl Books; Reprint edition | year = 2000 | location = | page = 220 | url = https://www.amazon.com/gp/reader/0805057579/ | isbn = 0-8050-5757-9 }} Additionally, Marcus was interviewed by Jack Schwager in the book Market Wizards. Marcus was described as a chartist who "keeps an eye on market penetration and resistance."

Education and personal life

Raised in Providence, Rhode Island to a Jewish household, Marcus' father was a judge and his mother was a teacher. He graduated in 1969 Phi Beta Kappa from Johns Hopkins and studied Psychology at Clark University. At one time he was a devout follower of the Maharishi Mahesh Yogi.

Children

Michael had two children, Aubrey (birth name Christopher), and Will.

Death

Michael Marcus died on March 25, 2023, in Austin, Texas. After his death, his son Aubrey talked about his life in an episode of his podcast.

Notes

References

Books

| last = Schwaager | first = Jack D. | author-link = Jack D. Schwager | title = Technical Analysis | publisher = Wiley | year = 1995 | url = https://books.google.com/books?id=h0AfBRLrkJYC&dq=%22Michael+Marcus%22+futures&pg=PA755 | isbn = 0-471-02051-6 }}

| last = Banks | first = Ferdinand E. | title = Global Finance and Financial Markets: A Modern Introduction | publisher = World Scientific Publishing ( Hardcover) | year = 2001 | location = p 79 | url = https://books.google.com/books?id=ZMREFuig1yoC&dq=%22Michael+Marcus%22+futures&pg=PA79 | isbn = 981-02-4326-X }}

| last = Vaga | first = Tonis | title = Profiting from Chaos | publisher = Mcgraw-Hill | year = 1994 | url = https://books.google.com/books?id=hjUMHEHpp38C&dq=Profiting+from+Chaos:+Using+Chaos+Theory+for+Market+Timing,+Stock+Selection,+and+Option+Valuation+Michael+Marcus&pg=PA124 | isbn = 0-07-066786-1 }}

| last = Mieg | first = Harald A. | title = The Social Psychology of Expertise | publisher = LEA, Inc | year = 2001 | page = 124 | url = https://books.google.com/books?id=8TPLr5MxPyUC&dq=%22Michael+marcus%22+trader&pg=PA117 | isbn = 0-8058-3750-7 }}

| last = Schwager | first = Jack D. | author-link = Jack D. Schwager | title = Market Wizards: Michael Marcus, Blighting Never Strikes Twice | publisher = Marketplace Books | year = 2006 | isbn = 1-59280-285-0 }}

References

1. "EMAILTHATPAYS COM INC, Form DEF 14A, Filing Date May 31, 2000". secdatabase.com.
2. [https://www.youtube.com/watch?v=GjroYjE0V_I My Dad Died: The Blessings Of The Father Pt 1] w/ Dr. [[Marc Gafni]].

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