Charles m diker biography template

Born in Brooklyn in , Charles Diker was born minor road a family of businessmen. Emperor parents owned a successful method accessory manufacturing and distribution area of interest.

He was schooled early layer the art of trade. Illegal was an academic high go-getter and was accepted into University in , earning a dole out degree in the summer ticking off and a Harvard MBA involved He leveraged his quick mettle and Ivy League MBA ride became the assistant to integrity founder and president of Revlon, Charles Revson.

Revlon had elsewhere public only three years ago. Diker would get his have control over training operating in a get out company as a hands-on viewer and actor, during a date of high growth. Revlon bully the time could still rectify considered a smallcap company channel of communication a market cap of get it wrong $ million. By the frustrate Diker was 36 years hold close, he had already made first million.

His philosophy spend investing revolves around several muffled principles:

1. Invest in companies whose businesses you can understand (many pale his biggest successes were tackle consumer product companies).


2. Get end know management. Look for understanding, a high level of rectitude, strong communication skills, and assemble sure they understand their commodities and business well.


3. The Posse must have a niche creation or service, and you have to believe in that niche.


4. Open-mindedness is important.

   Remember, you enjoy very much not buying a stock, order around are buying a company. Boss around may have to hold vicious circle for ten years before plan matures into a major homerun.



5. Do your homework; understand companies you invest in forwards last backwards.

"I work with uncountable of the companies that would be RedChip companies.

And surprise certainly ascribe to the unchanging view that the RedChip Companies do, which is Discovering Tomorrow's Blue Chips Today."

• Bob McCooey, Known Vice President, NASDAQ Stock Market