Joseph E. Granville Quotes

A collection of quotes by Joseph E. Granville.

Joseph E. Granville (1923-2013) was a renowned American stock market forecaster and investment advisor. Born in Kansas City, Missouri, Granville developed a keen interest in the financial markets from an early age. He began his career as a financial writer and gained attention for his unorthodox and bold predictions.

Granville's breakthrough came in the 1960s when he accurately forecasted the bearish market trend of 1962, marking the start of his reputation as a successful contrarian investor. He went on to establish the widely read and influential Granville Market Letter, which attracted a significant following of investors seeking his investment advice.

Granville pioneered the use of technical analysis in investment strategies and developed indicators such as the On-Balance Volume (OBV), which gained widespread popularity across the financial world. His approach focused on studying price movements, volume patterns, and market sentiment to anticipate market trends.

Throughout his career, Granville made several controversial calls, such as predicting the 1987 stock market crash, which garnered both praise and criticism. He embraced a confrontational style of communication and became known for his confident and flamboyant personality.

Despite facing legal troubles later in his career, Granville continued to publish financial newsletters and authored several books on investment strategies, garnering a substantial following. His contributions to stock market analysis and his unique prognostications left a lasting impact on the financial industry, solidifying his place as one of the most influential figures in stock market forecasting.