William Delbert Gann
William Delbert Gann was born June 6, 1878 in Lufkin, Texas. His father, Samuel Houston Gann, was a teacher, selling horses and cows. He also owned a small billiard club. His mother, Susan Rebecca Gann (nee Trevation), devoted all his time raising VD Gann and his younger brothers and sisters. She taught the young William to read through the Bible – the book, which later had an enormous impact on his thinking about the nature of financial markets. His family was poor. Samuel, Susan and their eight children lived in a small house, and young William to get to school every day, walked seven miles over three years. Gunn never finished high school.
In 1894, William Gunn, aged 16, he left teaching and began to look for work. He became a peddler (selling newspapers, food …) in the train, which traveled between Texarkana and Tyler, Texas. He also worked at the cotton warehouse.
In 1901, he worked at a brokerage firm in Texarkana, and married his first wife, Rena May Smith.
In 1902, the first daughter was born – Nora. 1902 was also the first year, when Gunn made his first deal in cotton.
In 1903 Gann moved to New York. He was already 25 years old.
In 1905, the birth of his second daughter, Macie Burnie. September 12, 1905 in a local newspaper Gunn gives his view on the movement of prices of cotton. In 1906, Gunn worked as a broker in Oklahoma.
In 1907 Gann made more money on the prediction of panic in the stock market and falling commodity market.
In 1908, aged 30 years, Gunn divorces his first wife and marries a 19 year-old Sadie Hannify. Together with him in New York and moved his two daughters. This was the year when he investigated a «Master Time Factor». He traded on two accounts. First, open at $ 300, brought him $ 25,000 for three months. The second started with $ 130, brought $ 12,000 for nearly 30 days. Since that time acquired a reputation for Gunn unusually talented trader.
In 1909, in Gann with Sadie was born their first child – a girl who was named Velma.
In 1910 Gann wrote his first book “Speculation – a profitable profession. He also publishes a newspaper «The Busy Man’s News», and later his famous «Supply and Demand Letter».
In early 1914 Gunn predicts a world war and panic in the markets. In 1915, a son – John.
In March 1918 Gann successfully predicts the end of the First World and the Kaiser’s abdication from the throne. His predictions were published many of the leading newspapers of the time, including the «New York Times».
In 1919 he started working for themselves. He publishes «Supply and Demand Letter», which includes predictions for the stock and commodity markets.
In 1923 Gann wrote «Truth of the Stock Tape». This book was rated by many as the best book on the market. Over a period of 60 days, Gunn was on cotton more than $ 30,000, beginning with a starting capital of $ 1000.
In 1927 Gann wrote the novella «Tunnel Thru the Air». Gunn wrote it as a statement of his discoveries. These discoveries have been hidden in the twists of the plot of the book. For many years, traders try to unlock the secrets of this book, but few succeed. In the «Tunnel Thru the Air» Gunn predicts the Second World War, in particular the attack of Japan on the United States.
In 1928 Gann successfully predicts the top of the bull market on Sept. 3, 1929 and follow the greatest in the history of panic.
In 1930 Gann wrote «Wall Street Stock Selector». In this book he describes the state of the market from 1931 to 1933.
In 1931, Gunn became a member of the New York Rubber Exchange and the New Orleans Cotton Exchange.
In 1932, Gunn gives its customers a recommendation to buy shares, while the base of the Great Depression.
In 1936 Gann wrote «New Stock Trend Detector» and buys them is designed all-metal plane “Silver Star”. He was the first in the United States, who owned a private metal airplane. A few years later he bought a few airplanes. His pilot for 19 years was Elinor Smith. Gunn also buys real estate and high-speed yacht.
In 1937 Gann wrote «How to Make Profits Trading in Puts and Calls». In the same year he divorced his second wife.
In 1940 Gann wrote «Face Facts America». In this book he explains why Germany lost the war and why America should not engage in war. It also underlines the great problems that he sees in the “New Deal” of the American government and its consequences.
In 1941, Gunn became a member of the Chicago Mercantile Exchange. He spends campaign against Roosevelt and his New Deal. It was a time when the U.S. government had a huge budget, and Ford has stopped production of – the crisis of overproduction. In 1941 Gann wrote «How to Make Profits in Commodities». The authors of the original edition of 1941 were VD Gunn and his son John.
In 1944 Gann married a third time on Londi, who was 30 years his junior. Gunn treated her like a queen (much to the dismay of their children). Gunn moved to the warmer climate of Miami in Florida. There he sells, is engaged in property investment and continues to teach its students.
In 1948, Gunn sold his company to Joseph Lederer in San Luis (Missouri).
In 1949 Gann wrote “45 Years in Wall Street». Based on the merits of the book «The International Mark Twain» makes him an honorary member of the Company.
In 1950 Gann wrote «The Magic Word». This was his contribution to biblical literature.
May 23, 1951 Gunn, along with Ed. Lambert founded the «Lambert-Gann Publishing Company». This company has published all the books and courses Gunn. Gunn revises and reissues «How to Make Profits in Commodities», removes the name and photo of John from the book. Updated edition in 1951 was a huge success. At the age of 73, Gunn had surplus funds of $ 500 a day for his consultancy services. He sells «W.D. Gann Research, Inc. »C.C. Loosely in New York.
In 1954, at the age of 76, Gunn buys high-speed boat, calling it «The Coffee Bean / Coffee seed” in honor of the success of the transaction Mercantile Exchange. «Great Master Course» Hanna sells for $ 5000, and in 1954 it is – the price of an average house.
Gunn takes a heart attack.
In 1955, Gunn returned from one of his many trips to Cuba, where he loved to buy Cuban lottery tickets and play at the races. He felt sick and very weak. Son John took him from Florida to New York, where Gunn was placed in a hospital Methodist Church in Brooklyn.
VD Gunn died at 15:20 pm June 18, 1955 at the age of 77 years. Kids Hannah agreed to bury him with his second wife Sadie, in the Masonic section of the cemetery «Greenwood» in Brooklyn, in the alley overlooking the backbone of Manhattan and his beloved Wall Street. (John Gann was a pilot during World War II. He spoke very strongly about his father, especially after he married a third time. John Gunn died in 1984.)
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