Time Magazine Wanted To Know About My Stock Market Ventures!

The Nicholas Darvas Stock Market Ventures Success Story (part 62)

It was May 1959 – six and a half years after my stock market ventures with the Canadian stock called BRILUND by the Smith brothers. It looked as though the wheel had turned full circle because, like then, I was again appearing at the "Latin Quarter" in New York.

Somehow my stock market ventures had got talked about in Wall Street. The news of my success had leaked out and gradually spread.

One day, to my surprise, I received a telephone call from the Business Section of Time. They said they had heard something about my stock market ventures and asked if they could send a reporter to see me.

Next day he came and I gave him all the facts about how I had made my fortune with my stock market ventures. I let him see my accounts, my statements, my cables. He examined them carefully and left saying that he was very impressed with my story.

A day later he came back and told me the business experts on the staff were highly skeptical. They said the story about my stock market ventures could not be true.

This really did not surprise me, so again I took him over the facts and figures. He studied them for several hours, and when he finally went away he seemed to be convinced that they were accurate.

But this, I was to discover, was only the preliminary skirmish. The next morning he called to ask if we could meet for lunch. Half an hour before lunch, he telephoned again and said he was bringing along a senior editor, who wanted to check on the story of my stock market ventures himself.

They arrived for lunch at one o'clock. Once again I went through all the financial details. The senior editor was so interested in my stock market ventures that he left his food untouched on the table.

At four o'clock, after he had heard the whole story, he ate a sandwich. At five o'clock he left with the reporter. He had made no comment, but he was obviously impressed. I have never seen a man so interested.

At six o'clock that evening came another phone call. This time it was a Wall Street expert of Time. He said the Managing Editor would not allow the story to be printed until three members of the Time staff would vouch collectively that they had seen me and checked all the facts of my stock market ventures. He also, to my great surprise, insisted on seeing my dancing act.

The Managing Editor not only doubted my success in the stock market, but he apparently did not think I could dance either! 

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