Larry McMillan Biography, Career, Net Worth, and Key Insight
Larry McMillan’s Profile Summary
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Company
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McMillan Analysis |
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Position
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Founder and President of McMillan Analysis Corporation, which he established in 1991. |
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Source of wealth
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Trading profits, publishing revenues from books, advisory and newsletter subscriptions, management of option-oriented accounts. |
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Also known as
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Author, educator, speaker on options trading. |
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Age
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Unknown |
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Education
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Purdue University - B.S. in Mathematics, University of Colorado - M.S. in Applied Mathematics and Computer Science |
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Citizenship
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United States |
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Residence
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Morristown, New Jersey, USA |
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Website, Social Media
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https://www.mcmillanasset.com/ |
Biography
Larry McMillan is a professional trader and a highly respected figure in the options trading community. He is best known for his book Options as a Strategic Investment, which has sold over 300,000 copies and is often referred to as the "bible" of options trading. McMillan began his career at Bell Telephone Laboratories as a computer programmer before transitioning to finance. He worked as a proprietary trader at Thomson McKinnon Securities, where he managed the Equity Arbitrage Department for nearly a decade. In 1991, he founded McMillan Analysis Corporation, a firm dedicated to providing advisory services and educational resources for options traders. McMillan has contributed significantly to the growth and understanding of options trading through his books, newsletters, and seminars. He frequently appears on CNBC and Bloomberg TV, and has been a guest speaker at numerous financial conferences across the U.S., Canada, and Europe. In 2011, he received the prestigious Joseph W. Sullivan Options Industry Achievement Award for his contributions to the U.S. options market.In 2025, remained President of McMillan Analysis Corporation and delivered frequent webinars and video market updates with expert commentary on market volatility and trading strategies.
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How did Larry McMillan make money?
Larry McMillan makes money in the following areas:
Trading profits, publishing revenues from books, advisory and newsletter subscriptions, management of option-oriented accounts.
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What is Larry McMillan net worth?
As of 2026, there is no publicly available and reliable information regarding Larry McMillan’s net worth.
What is Larry McMillan also known as?
Larry McMillan is widely recognized as an influential author and educator in the world of finance. His book Options as a Strategic Investment remains a staple for traders looking to deepen their understanding of options. McMillan is also an active educator, delivering seminars and presentations across various continents, including the U.S., Canada, and Europe. He has contributed articles to numerous high-profile publications and regularly appears as an expert on financial networks like CNBC and Bloomberg TV. Through his firm, he offers educational resources and tools, including newsletters and market analyses designed to help traders navigate the complex world of options.Prominent achievements
Recipient of the Joseph W. Sullivan Options Industry Achievement Award (2011), author of the best-selling book Options as a Strategic Investment, founded McMillan Analysis Corporation in 1991, frequent contributor to major financial media including CNBC and BloombergWhat are Larry McMillan’s key insights?
Larry McMillan’s business philosophy centers around risk management and leveraging options as strategic tools for trading. He emphasizes the importance of education and understanding market indicators, particularly through options-based strategies, to gain predictive insights into market movements.
Personal life
No detailed information available on his family.
Useful insights
Foundational knowledge for investors
Whether you're an aspiring financial author or a seasoned investor, understanding the core principles of finance and investing is essential. These books provide the foundational knowledge needed to succeed in both writing and investing.
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Peter Lynch - "One Up on Wall Street"
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Summary:
Peter Lynch, one of the most successful mutual fund managers, shares his strategy of investing in what you know. Lynch explains how individual investors can use their own knowledge and observations to identify winning stocks before Wall Street discovers them. The book offers practical advice on how to pick stocks and interpret financial statements.
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Why read it:
It’s a great resource for both investors and financial authors who want to gain insights into stock picking from one of the most respected figures in the industry. Lynch’s straightforward approach makes complex investing strategies easy to understand.
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Robert Kiyosaki - "Rich Dad Poor Dad"
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Summary:
Kiyosaki’s book presents the differences in mindset between the wealthy ("Rich Dad") and the middle-class ("Poor Dad"). The author shares lessons about financial independence, investments, and entrepreneurship, emphasizing the importance of understanding assets and liabilities. It’s a guide to shifting your mindset towards wealth creation.
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Why read it:
This book is invaluable for investors who want to rethink their financial habits and for authors seeking inspiration in personal finance writing. Kiyosaki’s straightforward storytelling makes complex financial concepts accessible to all, offering insights into how to achieve financial independence.
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