Richard Wyckoff
Richard Wyckoff | |
|---|---|
Richard Demille Wyckoff | |
| Born | November 2, 1873 |
| Died | March 7, 1934 (aged 60) Sacramento, California, U.S. |
| Occupation(s) | Stock market investor and editor |
| Spouse(s) | Elsie Suydam Cecelia G. Shear Alma Weiss |
Richard Demille Wyckoff (November 2, 1873 – March 7, 1934) was an American stock market investor and the founder of the Magazine of Wall Street and Stock Market Technique.
Early Life
Richard Wyckoff was the son of Walter Wychoff. [1]
Walter was a financial media publisher and financier, the same industry Richard would enter during his career. [2]
Walter contracted architect Chester A. Patterson and landscape designer Clarence Fowler to build a 7600 square foot mansion on a 10-acre estate, dubbed “Twin Lindens”, next to Alfred P. Sloan’s home in a wealthy part of New York (Kings Point, Great Neck). [1][3][4]
Richard later inherited this property (also called the “Wyckoff Estate”) from his father. [1]
Career
Wyckoff founded The Magazine of Wall Street in 1907 and edited the Stock Market Technique. In 1928, Wyckoff lost control of The Magazine of Wall Street to his second wife, Cecelia Shear, receiving $500,000 in bonds after a publicized dispute.[5]
Richard Wyckoff’s contributed to technical analysis of the financial markets; particularly via his "Wyckoff Method".[6]
Wyckoff educated the public about trading and its pitfalls, publishing exposés such as “Bucket Shops and How to Avoid Them”, which were run in New York's The Saturday Evening Post starting in 1922.
Author
Richard Wyckoff was the author of numerous books. Some of his writings include:
- Studies in Tape Reading
- How I Trade and Invest in Stocks and Bonds
- Stock Market Technique
- My Secrets of Day Trading in Stocks
- Jesse Livermore's Methods of Trading in Stocks
Personal life
Wyckoff married three times: first in 1892 to Elsie Suydam; second to Cecelia G. Shear, and third to Alma Weiss. Wyckoff charged in 1928 that his second wife, whom the media dubbed a prima donna of Wall Street, had wrested control of the Magazine of Wall Street from him by "cajolery." The separation ended in an agreement by which he received half a million dollars of the magazine company's bonds.[5]
Death
Wyckoff died on March 7, 1934, in Sacramento, California. His body was taken to a funeral chapel in Brooklyn, New York.[7]
See also
References
- ^ a b c "Wychoff - Kings Point, Great Neck, L. I., N. Y." nyheritage.contentdm.oclc.org. Retrieved 2025-06-17.
- ^ "University of Rochester House Data". lizzycarr.digitalscholar.rochester.edu. Archived from the original on 2025-01-29. Retrieved 2025-06-17.
- ^ "Wayback Machine" (PDF). spinzialongislandestates.com. Archived from the original (PDF) on 2024-01-27. Retrieved 2025-06-17.
- ^ Mateyunas, Paul J. (2007). North Shore Long Island : country houses, 1890-1950. Internet Archive. New York : Acanthus Press. ISBN 978-0-926494-37-4.
{{cite book}}: CS1 maint: publisher location (link) - ^ a b "Business & Finance: Wyckoff v. Wyckoff". Time. 1928-12-10. Archived from the original on 2025-04-24. Retrieved 2025-04-24.
- ^ "Richard D. Wyckoff Dies in Sacramento". The Brooklyn Daily Eagle. 1934-03-08. Archived from the original on 2025-04-24. Retrieved 2025-04-24.
- ^ "Richard D. Wyckoff, Stock Market Authority, Dies". Brooklyn Eagle. 9 March 1934. p. 17.