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: email@example.com
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
Verimatrix To Showcase Cybersecurity Solutions at GovWare 20233.10.2023 17:45:00 CEST | Press release
Regulatory News: Verimatrix, (Euronext Paris: VMX), the leader in powering the modern connected world with people-centered security, today announced it will highlight its Extended Threat Defense (XTD) technologies at GovWare 2023 taking place October 17-19 at Singapore’s Sands Expo and Convention Centre. Located in GovWare booth C19, Verimatrix will offer hands-on demonstrations as well as customer success stories for its portfolio of award-winning XTD cybersecurity solutions that enable mobile app developers to harness the latest protections against hackers seeking to use mobile apps and websites as tools to attack enterprises. GovWare 2023 promises yet another invigorating event where knowledge, ideas, insights and technologies will be shared among cybersecurity leaders and innovators. Under the theme “Fostering Trust Through Collaboration in the New Digital Reality,” GovWare 2023, a part of the renowned Singapore International Cyber Week (SICW), is set to deliver transformative insi
Evolve Additive Solutions Announces Strategic Partnership with alphacam to Provide STEP Parts Production in Europe3.10.2023 16:00:00 CEST | Press release
Evolve Additive Solutions, provider of industrial 3D printing solutions and inventor of the transformative Selective Thermoplastic Electrophotographic Process (STEP), announces a strategic partnership with alphacam GmbH to offer STEP-manufactured parts as a service to customers throughout Europe. STEP is a groundbreaking additive manufacturing technology that addresses the manufacturing constraints in accuracy, scalability and engineering-grade materials by other technologies in market today. alphacam will combine its deep industry expertise, vast experience in printing plastic parts, and strong customer relationships with its adoption of Evolve’s Scaled Volume Production (SVP) platform to produce and deliver fully dense, high-fidelity thermoplastic parts with near injection molding surface finish and properties. This marks the 2nd partnership of this kind introduced by Evolve as part of its mission to establish STEP production centers of excellence around the world – ultimately to inc
Axius Water acquires Triplepoint Environmental, a leader in transforming wastewater lagoons3.10.2023 15:39:00 CEST | Press release
Axius Water announced today that it has acquired Colorado-based Triplepoint Environmental, a leading supplier of wastewater lagoon systems for rural communities. Axius Water is a portfolio of businesses focused on improving the effectiveness of water and wastewater treatment for industrial and municipal customers. The acquisition of Triplepoint complements Axius Water’s established expertise in nutrient management and further expands the company’s capabilities in lagoon technology. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231003371312/en/ Founded in 2007, Triplepoint provides high-performing, high-value lagoon solutions for industrial and municipal customers across the U.S. and Canada. Triplepoint’s innovative lagoon technologies, including its flagship Ares Aerator solution, utilize existing infrastructure to ease the financial burden of upgrades while reinventing lagoons to meet new, more stringent effluent limits. A
Economist Impact Research Finds 85% of Organizations’ Ability to Adapt Falls Short3.10.2023 15:00:00 CEST | Press release
Planview, a global leader in Portfolio and Value Stream Management, today announced the findings of a global study, “Bridging the gap: turning strategy into reality,” conducted by Economist Impact, the research arm of The Economist,and commissioned by Planview. The study uncovers common disconnects in strategy implementation leading to failures in critical digital initiatives. The findings show a stark reality: if businesses do not accelerate efforts to close the gap between strategy and action, the consequences are significant: wasted work, sunk costs, failed digital transformations, and the threat of becoming obsolete. “With economic uncertainties, market disruptions, the rapid advancement of technologies like AI, and the growing digitalization imperative impacting every industry, the pace of change and complexity of decision-making is growing exponentially. Organizations across the globe are experiencing the realities of ‘adapt, evolve, or die.’ Yet only 15% of executives are confid
Boomi Introduces Boomi GPT, Further Accelerating Integration and Automation With Conversational AI3.10.2023 15:00:00 CEST | Press release
Boomi™, the intelligent connectivity and automation leader, today announced at its Silicon Valley Boomi World Tour, Boomi GPT, the first offering available in the Boomi AI suite, bringing a simple, conversational experience to the Boomi platform. With Boomi GPT, organizations can harness the power of generative AI to integrate and automate faster than ever before, further democratizing innovation and accelerating business outcomes. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231003268398/en/ Boomi Introduces Boomi GPT, Further Accelerating Integration and Automation With Conversational AI (Graphic: Business Wire) In every industry, companies are under intense pressure to innovate faster and achieve their boldest business ambitions. IT organizations have made massive investments in IT modernization and digital transformation, aiming to increase operational efficiencies while winning the hearts of customers. IDC forecasts $
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