It was in the issue of May 25, 1959, that Time Magazine devoted almost a full page in its Business Section to the extraordinary stock-market story of a dancer— Nicolas Darvas.
Time told how this complete non-professional, ". . . who ignores tips, financial stories and brokers' letters," was able to make himself a millionaire several times over through the investment methods he developed.
This article raised a lot of eyebrows among Wall Streeters who were shocked by Mr. Darvas’ disregard for many of the long-accepted, ordinary investment practices to which they were accustomed. But it also fired the interest and imagination of thousands of investors across the country.
