Education
Johns Hopkins University. Clark University.
Johns Hopkins University. Clark University.
Marcus began his trading career in 1972, when he bought plywood futures with his life savings of $700. In the summer of 1972 President Richard Nixon froze prices of some commodities, but the futures contracts rallied sharply, increasing Marcus" stake from $700 into $12,000. In 1973 he turned $24,000 into $64,000.
He also used Freight derivatives.
Marcus learned money management from Editor Seykota, whom he met while working as an analyst. He was a founding trader of Commodities Corporation, where he was chief currency trader and hired and taught Bruce Kovner as a trader.
Marcus eventually became an Executive Vice President at Commodities Corporation. Marcus has recently invested in small-company stock through his holding company Canmarc Trading Company and later made private-placement investments in small Over-the-counter Bulletin Board listed companies like Prospector Consolidated Resources and Encore Clean Energy Incorporated and Pink Sheets Touchstone Resources.
ViRexx Medical Corporation, a company focused on immunotherapy treatments for certain cancers, chronic hepatitis B and C, and embolotherapy treatments for tumors, announced Marcus"s election to its Board of Directors at its Annual General Meeting held May 25, 2006.
Marcus was featured by Thomas A Bass, in the book The Predictors: How a Band of Maverick Physicists Used Chaos Theory to Trade Their Way to a Fortune on Wall Street. Additionally, Marcus was interviewed by Jack Schwager in the book Market Wizards. Marcus was described as a chartist who "keeps an eye on market penetration and resistance."
He graduated in 1969 Phi Beta Kappa from Johns Hopkins and studied Psychology at Clark University.