John Magee: Biography, Career, and Business Insights

John Magee’s Profile Summary

Company	Perkstreet Financial Inc.
Position	VP: Analytics
Source of wealth	Sales of books, proceeds from trading using technical analysis, royalties from Technical Analysis of Stock Trends.
Also known as	Technical analyst, co-author, educator.
Years of life	01.01.1970 - 11.05.2021
Education	Pomfret Academy - completed, Massachusetts Institute of Technology - some courses completed
Citizenship	United States
Residence	Springfield, Massachusetts, USA
Family	No detailed records are available regarding John Magee's family.
Website, Social Media	https://www.edwards-magee.com/NewFiles/contents.html

Biography

John Magee is best known for his significant contributions to the field of technical analysis, particularly through his co-authorship of the influential book Technical Analysis of Stock Trends, first published in 1948. This work, which he wrote alongside Robert D. Edwards, became a foundational text for modern traders and remains widely regarded as the "Bible of Technical Analysis." Magee, originally from Springfield, Massachusetts, attended prestigious institutions such as the Pomfret Academy and the Massachusetts Institute of Technology. Initially, he began his career in advertising, but after inheriting some money, his father encouraged him to delve into the stock market, which eventually led to a lifelong dedication to understanding market trends. Magee's work helped to formalize technical analysis as a method for predicting market behavior based on historical price patterns. His profound influence continues today, with subsequent editions of his work being updated to incorporate modern trading technologies, but the core principles he established remain relevant.

How did John Magee make money?

John Magee makes money in the following areas:

Sales of books, proceeds from trading using technical analysis, royalties from Technical Analysis of Stock Trends.
What is John Magee net worth?

As of 2026, there is no publicly available and reliable information regarding John Magee’s net worth.

What is John Magee also known as?

Magee is celebrated as one of the first to formalize and popularize technical analysis as a valid trading method. His teachings continue to influence traders worldwide, as his work provided a framework for interpreting stock price movements through chart patterns. Magee also contributed to the education of future traders, with his work being adapted over time for modern trading platforms

Prominent achievements

Co-authored Technical Analysis of Stock Trends, a landmark book in the field of technical analysis, considered one of the foundational texts for traders, credited with revolutionizing the field of technical analysis, popularized the use of chart patterns in market prediction

What are John Magee’s key insights?

John Magee believed in the power of historical price patterns and the predictability of market trends through technical analysis. He focused on the idea that markets move in trends and that these patterns, when correctly interpreted, could provide profitable opportunities for traders.

Personal life

No detailed public records are available regarding John Magee's family.

Useful insights

Advanced investment strategies

For those who have mastered the basics, the next step is exploring advanced investment strategies. These books delve into the complexities of portfolio management and alternative asset classes, offering sophisticated approaches to building wealth.

David Swensen - "Pioneering Portfolio Management"
- Summary:
  
  In this book, Swensen, who successfully managed Yale's endowment fund, outlines his investment philosophy, emphasizing diversification, a long-term perspective, and the inclusion of alternative asset classes such as hedge funds, private equity, and real estate. This approach aims to balance risk and reward to maximize returns for institutional investors.
- Why read it:
  
  Swensen’s methods are widely regarded as groundbreaking and have been adopted by many large institutional investors. His book is essential for anyone looking to build a robust, diversified portfolio with a focus on steady, long-term growth.
Joel Greenblatt - "The Little Book That Still Beats the Market"
- Summary:
  
  Greenblatt presents a simple yet effective formula for investing in value stocks. His "magic formula" identifies companies that are both undervalued and have high earnings yields, providing a clear strategy for beating the market. Greenblatt simplifies complex financial concepts for individual investors, making the book accessible to both beginners and experienced traders.
- Why read it:
  
  Greenblatt’s formula has consistently outperformed the market, making this book a practical guide for investors looking for a straightforward, effective strategy. It’s particularly useful for those who prefer a hands-on approach to stock selection without the need for deep financial expertise.