Ned Davis (analyst)

For persons of a similar name, see Ned Davis.
Nathan E. Davis
Born1945/1946 (age 75–76)[1][2]
Nashville, U.S.
NationalityAmerican
Alma materUniversity of North Carolina at Chapel Hill
OccupationFinancial analyst
Known forTechnical analysis of long-term data series[1][2]
TitleCo-founder and CEO of Ned Davis Research

Nathan E. "Ned" Davis (born 1945/1946, Nashville), is an American financial analyst, finance author, and co-founder of the Ned Davis Research Group (NDRG), a data-driven investment research company based in Venice, Florida.[1][3][4]

Early life and career

Davis was born in Nashville, went to school at the University School of Nashville graduating in 1963,[5] and did his undergraduate degree at the University of North Carolina at Chapel Hill, majoring in French.[1]

He dropped out of Harvard Business School as he found he was more interested in finance and investment than management, and returned to Nashville to spend 12 years working at the regional investment bank, J.C. Bradford & Co.[1] At J.C. Bradford, Davis met Ed Mendel, and the two became interested in the idea of using computers to analyze investment data, however, their request in 1979 to the company for US$30,000 to buy a mainframe computer was declined.[3] At the time, Davis was a partner in the firm, and his investment views were covered nationally in publications such as The Washington Post.[6]

Ned Davis Research (1980–)

In 1980, Davis and Mendel co-founded the Ned Davis Research Group (NDRG) in Venice, Florida starting with 5 employees, to focus on computer data analysis driven investment research and advice for trading firms.[3] Davis focused on the analysis, and Mendel focused on the business model and business management.[3] In 2011, NDRG was sold to the global financial publishing company Euromoney for circa 173 million;[4] Davis remained with the company after the transaction.[1][7] As well as its Venice headquarters, NDRG had branches in Atlanta, Boston, San Francisco, and London, with over 1,000 global institutional investment clients, including Fidelity Investments and the Charles Schwab Corporation.[1]

데이비스(및 NDRG)는 월스트리트저널,[8] 파이낸셜타임스,[9] 블룸버그뉴스,[10] CNBC,[11] 배런스 [12][13]등 금융 발행물에 자주 기고하고 있다.[14][15] 시장에서의 다양한 장기 데이터 시리즈에 대한 그들의 양적, 기술적 연구는 "기술적 시장 지표 백과사전"[16]과 같은 출판물뿐만 아니라 그들 자신의 출판물에서도 참고 자료로 사용된다.[17]

2013년 4월, 재무 저자인 배리 리톨츠는 "네드 데이비스가 오늘날 가장 존경받는 기술 분석가일 것"[2]이라며 데이비스를 인터뷰했는데, 데이비스는 "우리는 실수를 하는 사업을 하고 있다"고 말했다. 승자와 패자의 차이점은 승자가 작은 실수를 저지르는 반면 패자는 큰 실수를 저지르는 것이라고 말했다.[18]

데이비스는 매우 강한 컨센서스나 군중심리의 상황을 경고하는 반대론적 투자의 추종자로 묘사되어 왔다.[4]

출판된 작품

데이비스는 금융에 관한 책을 여러 권 출판했는데, 이 책은 후속 판에 다시 출판되었다.[19]

  • Davis, Nathan E. (April 2003). Beware of the Crowd at Extremes: The Importance of Contrary Opinion in the Stock Market. Ned Davis Research. ISBN 978-0970265135.
  • Davis, Ned (November 2003). The Triumph of Contrarian Investing: Crowds, Manias, and Beating the Market by Going Against the Grain (1st ed.). McGraw Hill. ISBN 978-0071432405.
  • Davis, Ned (April 2005). Markets in Motion (3rd ed.). Wiley. ISBN 978-0471732815.
  • Davis, Ned (December 2014). Being Right or Making Money (3rd ed.). Wiley. ISBN 978-1118992067.

참고 항목

참조

  1. ^ a b c d e f g D'Souza, Tony (3 February 2015). "Ned Davis Sells Stock Market Research Company". Sarasota Magazine. Retrieved 22 January 2021.
  2. ^ a b c Ritholtz, Barry (18 April 2013). "Interview: Ned Davis, NDR". The Big Picture. Retrieved 22 January 2021.
  3. ^ a b c d Ritholtz, Barry (23 January 2018). "When Computers Met Finance". Bloomberg News. Retrieved 22 January 2021. It was the 1970s. Charts and analysis were done by hand. Then Ed Mendel and Ned Davis tried something new.
  4. ^ a b c Stiff, Peter (21 June 2011). "Big Shot: Ned Davis". The Times. Retrieved 23 January 2021.
  5. ^ "Ned Davis: Alumnus Celebrates School's Lasting Impact on His Life". University School of Nashville Alumni. Retrieved 22 January 2021.
  6. ^ "A Prediction of Market Havoc". The Washington Post. 3 March 1980. Retrieved 22 January 2021. Well, hang on to your hats, folks, because that's the way it looks to Ned Davis, 34, the well-respected partner and market-timing expert of J.C. Bradford, a brokerage firm based in Nashville. Davis, who boasts a large institutional following, is not a man to be taken lightly.
  7. ^ "Euromoney purchases a majority stake of Ned Davis Research". Integrity Research Associates. 23 June 2011. Retrieved 22 January 2021.
  8. ^ Browning, E.S. (1 August 2000). "Election Years Past May Tell If Stocks Will Be Winners". Wall Street Journal. Retrieved 22 January 2021.
  9. ^ Auters, John (26 August 2015). "US approaches a true bear market". Financial Times. Retrieved 22 January 2021.
  10. ^ Wang, Lu (23 June 2020). "Bubble Warnings Get Louder With Nasdaq Erasing Huge Monday Rally". Bloomberg News. Retrieved 22 January 2021. Fifty-year Wall Street veteran Ned Davis added his venerable voice to the chorus of worriers, citing the speed of the index's advance -- before today -- and surging share volume.
  11. ^ Imbert, Fred (10 April 2019). "Ned Davis Research founder says 'algos' have ruined day trading". CNBC.
  12. ^ Rescigno, Richard (13 December 2014). "Interview with Ned Davis: Time to Brace for a 20% Correction". Barron's. Retrieved 22 January 2021.
  13. ^ Ward, Sandra (16 June 2003). "Interview with Ned Davis: Bear's Pause". Barron's. Retrieved 22 January 2021.
  14. ^ Fox, Matthew (26 December 2020). "Insiders cash out via IPOs as investor optimism becomes excessive, NDR says". Business Insider. Retrieved 22 January 2021.
  15. ^ Nagarajan, Shalini (6 August 2020). "NED DAVIS RESEARCH: A Wall Street strategist says the Nasdaq is 'extremely overvalued' after hitting a fresh-record high, and says that's 'not a healthy situation'". Business Insider. Retrieved 22 January 2021.
  16. ^ Colby, Robert; Mayers, Thomas (1988). "5: Ned Davis On Investment Timing Models". The Encyclopedia Of Technical Market Indicators. Dow-Jones Irwin, University of Michigan. pp. 14–25. ISBN 9781556230493.
  17. ^ Davis, Ned (April 2005). Markets in Motion. Wiley. ISBN 978-0471732815.
  18. ^ Ritholtz, Barry (20 June 2017). "MiB: Ned Davis on Risk Management and Mistakes". The Big Picture. Retrieved 22 January 2021.
  19. ^ Ritholtz, Barry (17 June 2017). "MiB: Ned Davis on Managing Mistakes". The Big Picture. Retrieved 22 January 2021.

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