Monroe Trout
Monroe Trout (Junior) is a well-respected member of the financial world and made quite a name for himself as a trader. He was born in early 1962 in Connecticut. His father, Monroe Trout (Senior), is an accomplished figure in the medical world and is a doctor and a lawyer. His mother is also well educated and along with her husband are renowned art collectors. Given this background, it is not surprising that Monroe Jr. has done very well in the business world.
Early Start
Monroe Trout Jr. started his financial career at the young age of 17. He began entering stock data for a financial analysis/stock company. He did more than enter the data, he absorbed and processed the information and began understanding how investing and the stock market work. Monroe was accepted into Harvard University where he excelled in scholastics and sports. After his interest had been piqued with his earlier stock market work, he decided to study economics and business. He worked hard and played hard especially on the basketball court where he served as captain of the Harvard basketball Team. Monroe Trout graduated magna cum laude from Harvard with a Bachelor’s degree in Economics. He wrote about stock market futures for his senior thesis. At Harvard, he learned about and developed a great respect for the teachings and principles of Ayn Rand. Those tenets have guided his career.
Trading Career
Upon graduation, Monroe Trout jumped directly into the deep end of trading, starting as a trader with Victor Niederhoffer’s futures trading company, NCZ Commodities on Wall Street in New York. Monroe worked there for two years before leaving to start his own trading company aptly named Trout Trading Company in 1986. Monroe was only two years out of college at the time. He has been extremely successful in his trading career due to his study of the financial market and his careful analysis and risk assessment.
Trading Star
Monroe Trout has been called the Cal Ripken of the trading world because of his analytical skill, patience, perseverance, and winning seasons. He has a gift for market research and analysis which has translated to amazing financial results and unprecedented winning streaks in the trading field. In 1992, he was featured in the book, New Market Wizards by Jack Schwager. In 1993, he helped start Rand Financial Services, a trading company based on the principles of Ayn Rand. He retired from active trading in 2002 with a reported wealth of 900 million.
