Aubrey Marcus Father Michael Marcus
Aubrey Marcus father Michael Phillips Marcus started his trading career in 1972.
Interestingly, Michael turned his original investment of $30,000 into $80 million in less than two decades. When he began his trading career, he bought plywood futures with his entire savings of $7000.
When President Richard Nixon froze the prices of several commodities that year, futures contracts rose sharply. His $7000 investment has grown to $12,000 as well. Likewise, he turned $24,000 into $64,000 in 1973.
Michael gained knowledge of financial regulations while working as an analyst. Over time, he became an EVP at Commodities Corporation.
He invested in minor, OTC Bulletin Board-listed businesses through private placements, including Prospector Consolidated Resources, Encore Clean Energy Inc., and Pink Sheets Touchstone Resources.
Moreover, Michael was elected to the board of directors of ViRexx Medical Corporation at its annual general meeting on May 25, 2006.
This organization specializes in immunotherapy therapies for certain malignancies, chronic hepatitis B and C, and prolotherapy treatments for tumors.
Regarding his academic background, he received a Phi Beta Kappa degree from Johns Hopkins University before beginning a highly successful career in commodities and securities.
He has been included in several articles and books, including Jack Schwager's best-selling "Market Wizards."