William O'Neil + Company Announces the Passing of William J. O'Neil
William J. O'Neil, "Bill," a highly accomplished figure in the world of stock speculation, entrepreneurship, authorship, and philanthropy has passed away at the age of 90.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230529005167/en/
William J. O'Neil (Photo: Business Wire)
Bill exemplified the American spirit and firmly believed that through hard work, anyone could attain prosperity. His approach to success was characterized by his willingness to challenge conventional wisdom, carefully analyze the data, and follow it wherever it led him, on his own terms. With humble beginnings, he became the youngest person to purchase a seat on the New York Stock Exchange at 30 years old. He wrote several best-selling books sharing the investment methodologies he built his businesses upon and devoted much of his life to extending a path toward financial freedom for all. He was a vocal proponent of a free enterprise system and its contributions to his own achievement of the American Dream. He was a trailblazer in many rights and his legacy continues onward today through his companies and nonprofit efforts.
Mr. O'Neil was raised in a multi-family home in Muskogee, Oklahoma and attended grade school on a Native American reservation during the Great Depression. From the age of 6 he worked odd jobs to contribute to his family’s income and developed a work ethic that became a foundational value throughout his life. When he was 14, he and his mother moved to Dallas, Texas, where he later earned a degree in Business from Southern Methodist University. Upon completing his service in the U.S. Air Force, Mr. O'Neil embarked on his career in 1958 as a stockbroker at Hayden Stone & Company in Los Angeles. He rapidly advanced in his profession and became increasingly fascinated with analyzing stock market data for stock picking.
An early investment in Syntex Corp, developer of the birth control pill, turned an initial capital investment of $5,000 into over $200,000 in just one year. And in 1963, he founded his first company, William O'Neil + Company. Today the investment adviser and broker/dealer, William O’Neil Securities, continue to provide invaluable buy and sell recommendations, as well as research tailored to the needs of over 400 institutional clients worldwide. At 32, he launched a mutual fund which achieved a 115% return in 1967.
In the 1970’s, he invested an unprecedented $2 million in R&D to better model investor behavior. This led to the creation of a database detailing stock movements dating back to the 1880s, which is still maintained today. His ability to apply research to analyze markets made his insights highly valuable to leading portfolio managers in the early years of his career.
He released an empirical study on the greatest stock market winners in history, which became the basis for his O’Neil Methodology. This approach, also known as CAN SLIM™, is an investment discipline that incorporates historical precedent, fundamental analysis, and technical stock analysis. Today, his methodology is continually optimized with modern-day factor research and data science. Following this success, Mr. O'Neil founded Daily Graphs, Inc., which provided a weekly book of stock charts that blended fundamental and technical analysis. This comprehensive book evolved into the online research platform MarketSmith.
In 1973, Mr. O'Neil founded O'Neil Data Systems, Inc. with the goal of delivering time-sensitive data ahead of the competition. The company later renamed O'Neil Digital Solutions, operated a high-speed printing facility that leveraged innovative technology to pioneer the field of automated composition and database publishing. Today, ODS is an international showcase for HP inkjet presses and has become a world class Customer Experience Management company providing omni-channel communications to the Healthcare and Financial Industries.
In 1984, Mr. O'Neil launched Investor's Business Daily. This national newspaper represented the first successful competition to The Wall Street Journal. Leveraging his years of experience in economic and business research, along with his expansive historical database, Mr. O'Neil filled a daily information gap that existed for individual investors. After its evolution to digital media, News Corp acquired IBD in 2021.
In 2013 he launched William O’Neil India as a data collection, information technology, and research center. O’Neil Capital Management India was established as a Registered Investment Advisor, along with MarketSmith India.
This global expansion continued with William O’Neil China established as an R&D center with focus on the Chinese Equity Markets and William O’Neil Investment Management Shanghai registered as a Private Fund Manager.
His vision for an advisory firm manifested in O’Neil Global Advisors, launched in 2019. As an SEC Registered Investment Advisor, the firm leverages a team of portfolio managers, data scientists, and factor research professionals to support the development, management, and monitoring of various fundamental and algorithmic strategies. It’s Portfolio Managers rely on the O’Neil Methodology to guide them in managing their discretionary accounts.
Mr. O'Neil also authored several best-selling books on investing in the stock market. One of his most notable works, "How To Make Money In Stocks: A Winning System In Good Times Or Bad," has sold over 4 million copies worldwide.
In retirement, Mr. O’Neil focused on philanthropic efforts aimed at empowering individuals to achieve fulfillment in life and removing barriers that stood in their way. He lived a simple life from the beginning to his end, finding peace in a neighborhood walk and comfort in a bowl of chicken noodle soup. The executive team he mentored over many decades continues to successfully pursue his vision across the globe.
Mr. O'Neil improved the lives of countless families, helping them prosper and achieve the American dream, something he will continue to do in perpetuity. His methodology and ingenuity allowed institutional investors to thrive in an often-volatile market climate. He taught people how to create and maintain profitable portfolios so they too could succeed. In short, his legacy is one of an innovator, educator, and entrepreneur—a proud citizen seizing the reins of opportunity in a country committed to the free market and sharing his success with others.
The family will hold a private memorial service with immediate family only.
In lieu of flowers, Mr. O’Neil has requested donations go to Rising Tide Capital, a non-profit organization whose mission is to transform lives and communities through entrepreneurship.
To learn more about “Bill” visit: wjolegacy.williamoneil.com
Comments, reflections, and tributes can be sent to: firstname.lastname@example.org
William O'Neil + Company is an SEC Registered Investment Advisor providing domestic and international equity research, recommendations, and consulting to many of the world's top institutional money managers. William O'Neil + Company's recommendations cover more than 70,000 global equities, funds, and indices and draw on a rich history of 60 years of equity research experience using the O'Neil Methodology. The “OM” is based off empirical studies of the stock market’s greatest winners and is driven by the analysis of the fundamental data of public companies, the trading patterns of those companies and proprietary quantitative ratings and rankings. The firm has global equity coverage and research teams in the US, Europe, and Asia. The equity global research and global data can be accessed on PANARAY™ the firm’s proprietary research delivery platform. More information can be found at: https://www.williamoneil.com/.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
CONTACT: Paul Gin
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Rockstar Games Announces Grand Theft Auto VI, Coming 20255.12.2023 01:10:00 CET | Press release
Rockstar Games®, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), is proud to announce that Grand Theft Auto VIis coming to PlayStation® 5 computer entertainment systems and Xbox Series X|S games and entertainment systems in 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231204993583/en/ Grand Theft Auto VI coming 2025 to PlayStation 5 and Xbox Series X|S. (Graphic: Business Wire) “Grand Theft Auto VI continues our efforts to push the limits of what’s possible in highly immersive, story-driven open-world experiences,” said Sam Houser, Founder of Rockstar Games. “We’re thrilled to be able to share this new vision with players everywhere.” Grand Theft Auto VI heads to the state of Leonida, home to the neon-soaked streets of Vice City and beyond in the biggest, most immersive evolution of the Grand Theft Auto series yet. Watch Trailer 1 now at https://www.youtube.com/watch?v=QdBZY2fkU-0 Celebratin
Andersen Global Adds Legal Capabilities in Ireland with Collaborating Firm Philip Lee LLP5.12.2023 01:00:00 CET | Press release
Andersen Global further expands its platform in Ireland through a Collaboration Agreement with Philip Lee LLP, adding complementary legal services to its existing tax capabilities in the country. Philip Lee LLP was established in 1993 as a boutique firm and has since grown to be a full-service law firm with capabilities in areas including blockchain, technology, construction, banking, cybersecurity, employment, energy and natural resources, media, competition, property, and pharmaceuticals. Based in Dublin and led by Managing Partner Jonathan Kelly, the firm works with clients in more than 100 countries to provide customized solutions. Andersen Global Chairman and Andersen CEO Mark Vorsatz said, “Philip Lee is an important addition to our global platform as we continue to expand capabilities to deliver seamless, borderless service. Jonathan and his team share our passion for stewardship and will provide valuable knowledge to our member and collaborating firms.” “Our team acquires a dee
Higround and The Pokémon Company International Invite Fans to Explore Fan-Favorite Pokémon in New Collection4.12.2023 22:31:00 CET | Press release
In a new and special collaboration, Higround, a powerhouse within the lifestyle and gaming spheres, is teaming up with The Pokémon Company International to create an exciting collection that seamlessly blends the worlds of competitive gaming, and the beloved Pokémon franchise. This unique partnership introduces a carefully curated collection of gaming peripherals inspired by fan-favorite Pokémon. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231204512387/en/ Pokémon + Higround Blastoise Summit 65 Keyboard (Photo: Business Wire) Higround introduces its line of Pokémon-themed keyboards and additional accoutrement, offering fans a tactile way to connect with their favorite franchise. In this unique collection, the Base 65 and Summit 65 Keyboards take center stage. The Base 65 models, for the everyday adventurer, feature designs like the iconic Poké Ball and fan-favorite Pokémon, including Venusaur, Charizard, Blastoise, and Me
Gurobi 11.0 Delivers Global Nonlinear Solving, Speed Enhancements, Dynamic Distributed Tuning, and Enterprise Features4.12.2023 19:48:00 CET | Press release
Gurobi Optimization, LLC, the leader in decision intelligence technology, today announced the release of Gurobi Optimizer 11.0. This advancement marks a significant step forward in solving real-world nonlinear problems with Gurobi. With Gurobi 11.0, users can quickly identify precise, globally optimal solutions to complex nonlinear problems—from domains such as chemical engineering, electricity flow, and price optimization. Additionally, this new version delivers a key enhancement to Gurobi’s popular tuning tool, enabling teams to share resources across multiple users and jobs when tuning. As with every major Gurobi release, users will experience a boost to Gurobi’s industry-leading solver speed. Compared to Gurobi 10.0, version 11.0 delivers the following performance improvements: Algorithm Speed-Up: Overall (>1 sec) Speed-Up: On Hard Models (>100sec) MILP 8.6% 12.4% MIQP 12.8% 22.8% Convex MIQCP 9.2% 18.2% Nonconvex MIQCP 133.4% (2.3x) 480.2% (5.8x) “For nonconvex problems, we achiev
Fitch Group Completes Acquisition of Bixby4.12.2023 19:46:00 CET | Press release
Fitch Group, a global leader in financial information services owned by Hearst, today announced that it has completed the acquisition of all the remaining stock it does not own of Bixby Research and Analytics (“Bixby”), a leading provider of credit information on private syndicated loan issuers. Earlier this year Fitch Ventures, the equity investment arm of Fitch Group, led Bixby’s Series A round. Bixby, founded by Brian Conroy, will become a wholly-owned subsidiary of Fitch Solutions and will be managed by CreditSights. Bixby will be incorporated into CreditSights’ leveraged finance product suite, which includes Covenant Review’s legal analysis, LevFin Insights’ news and data, and CreditSights’ fundamental research. Ted Niedermayer, President of Fitch Solutions, said: “The acquisition of Bixby is a natural next step as we continue to prioritize our leveraged finance offerings. Bixby’s data provides complementary insights to CreditSights, which bolsters our loan offering and also allow
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom