When that test proved successful, he founded John W.
He tested his trend-reversal method-which was never out of the market but always held a position (either long or short) in every one of the markets in the account's "basket" of commodities-"using his own money" (in the words of his marketing literature of 1983). After spending a summer in Norway with his first wife, Mai, Henry developed a mechanical trend following method for managing a futures trading account. In 1976, a commodities broker at Reynolds Securities asked him to advise other farmers, but he declined. Henry started trading corn and soybean futures to learn the basics of hedging the price risk of holding an inventory of these commodities, whether in storage or out in the field. After his graduation from Victor Valley High School in Victorville, he attended Victor Valley College, then the University of California (at Riverside, Irvine, and Los Angeles), where he majored in philosophy but did not graduate - partly the result of performing on the road in two bands, Elysian Fields and Hillary. His asthmatic condition at the age of 15 prompted his family to move to Apple Valley, California. His parents were soybean farmers, and he split his time growing up between Illinois and Arkansas. John William Henry II was born on Septemin Quincy, Illinois. As of November 2021, Forbes estimated his net worth to be $4 billion.
He is the principal owner of Liverpool Football Club, the Boston Red Sox, The Boston Globe, and co-owner of RFK Racing. Henry & Company, an investment management firm. John William Henry II (born September 13, 1949) is an American businessman and investor and the founder of John W.
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