June 29

Larry Williams

Last Updated on 29 June, 2022 by Samuelsson

Larry R. Williams is an American Investor, author, and politician from the state of Montana. He has been actively involved in trading the commodities, futures, and stock market for over 53 years and is the only futures trader to trade $1 million of his money at live events worldwide.

He’s the author of the best-selling book “How to Prosper on the Coming Good Years,” which was published in 1982. The book accurately predicted the surge in economic growth and the most extensive bullish market in American history.

Larry was born on October 6 1942, in Miles, Montana. He attended Billings High school, Billings, Montana, and graduated in 1960. He was an athlete in school, played for the all-state football team and sports editions of the school’s paper.

He began his trading career in 1962, and by 1965, Larry actively traded the market and began writing newsletters. It didn’t take long before he made a significant innovative market research. His famous timing tool, The Williams %R, was developed in 1966. He published his first book on investment, “The secret of Selecting Stocks”, in 1970. Afterward, he wrote a second book, the first-ever on seasonality in the stock and futures market: “How Seasonal Factors Influence Commodity Prices, Sure Thing Commodity Trading.”

Larry studied at the University of Oregon: School of Journalism in Eugene and graduated in 1964. He was a member and national president of the Alpha Delta Sigma (an honorary professional fraternity). Also, Larry was a member of Sigma Chi at the University of Oregon, where he received the highest national award of “Significant Sig,” together with Brad Pitt, Andy Rooney, and other notable members.

He was one of the co-founders of “Rock N’ Roll Marathons,” which raised over $320 million for charities throughout the globe.

He has created many market indicators, including the popular Williams %R, cycle forecasts, COT indices, Ultimate Oscillator, accumulation/distribution indicators, market sentiment, and value measurements for commodity prices. He was the winner of the World Cup Championship of Futures Trading in 1987 which was organized by the Robbins Trading Company. He made a return of 11,300% (over $1,100,000 profit) from $10 000 in twelve months with real money.

Larry is a benefactor of the University of Oregon, where he funds a six-figure scholarship in honor of his college professor, Max Wakes, but it’s eligible for Journalism and Communication students who have a demonstrated creative talent but have a low GPA.

As a politician, Larry was twice the nominee of the Republican Party for the US Senate in Montana. He defeated Bill Osborne and Clancy Rich in the 1978 Republican primary election with 35,479, a majority of 61.66% but unfortunately lost the general election to the Democratic United States Representative Max Baucus by 160,353 (55.69%) votes to 120,589 (44.31%). And then defeated attorney Willie Morris in the 1982 primaries by 49,615 votes to 6,696 but lost the general election to the incumbent Democratic U.S. Senator John Melcher by 174,861 votes to 133,789.

In 2018, he made a guest appearance on the NPR economics podcast, Planet money discussing his tax protest, extradition, and trial.


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