Background
Monroe Trout, Junior. is the son of Monroe E. Trout, the former Chairman Emeritus of American Healthcare Systems.
Monroe Trout, Junior. is the son of Monroe E. Trout, the former Chairman Emeritus of American Healthcare Systems.
Monroe Trout, Junior."s expertise is in quantitative analysis, with pattern recognition backed by statistical analysis. He has traded stocks, stock index futures, commodity futures, and options on all these, both for his own account and as an advisor for others In 1978 in his hometown of New Canaan, Connecticut at the age of 17, Trout got a summer job with a futures trader.
Trout typed in newspaper data into his computer and got his start in markets trading.
He was captain of the Harvard basketball team and led his team to a third-place finish in 1984’s Ivy League. He graduated magna cum laude from Harvard College in 1984 with a Bachelor of Arts in Economics.
His senior honors thesis was on stock index futures titled “Price movements in a Stock Index Futures Market”. Monroe Trout began his career when he went to New York to work for Victor Niederhoffer"s NCZ Commodities at New York’s commodity pits.
In his 20s during one stretch he turned a profit 69 out of 79 months and became something of a celebrity on the trading floor.
He also worked as a floor trader on two more exchanges before starting his own firm, Trout Trading, in 1986. Later, he would move his family and the company to Bermuda. In 1993 he helped fund Rand Financial Services named after Ayn Rand.
He keeps a low profile.
At age 40, he retired from active trading with a Netto worth reportedly in excess of United States dollar 900 million. He is featured in the book The New Market Wizards by Jack "CPO Trout buys FCM".
Futures magazine. January 1993. Retrieved 2006-2008-23.
Kharout, Jim (January 2003).
"Monroe gives Rand"s name to corporation" (Postdoctoral fellows). Rand Financial Web. FOW magazine. Archived from the original (Postdoctoral fellows) on 2006-2008-18.
Retrieved 2006-2008-26.
He subscribes to Ayn Rand"s Objectivism.