Marcial now writes the Inside Wall Street column for AOL’s DailyFinance.com and continues to be one of the most influential stock columnists who is closely watched by investors and corporate executives alike. When he was writing the column for Business Week, a favorable mention often resulted in a jump in the stock price on the first trading day the magazine became available to the public. At DailyFinance, where Inside Wall Street first appeared on Dec. 9, 2009, the column is expected to get the same investor reaction.
“It is well understood that trading in the stock market is full of risks. But if you are ready to take the plunge, I guarantee that there will be a time when being familiar with Gene Marcial’s 7 Commandments of Stock Investing will be extremely important. Over the years, I have followed many of the same commandments.” Those were the words of a legendary investor Carl Icahn, Chairman of Icahn Associates, in his endorsement of Marcial’s book, “Gene Marcial’s 7 Commandments of Stock Investing,” published in 2008 by FT (Financial Times) Press.
Marcial’s first book was “Secrets of the Street, the Dark Side of Making Money,” published in 1995 by McGraw-Hill Publishing. It was one of the early books that told all about the rampant insider trading activity on Wall Street, where Marcial argues the financial system, the very heart of the capitalistic system, breeds greed, corruption, and irresistible temptation.
Newsweek in its review of the book said: “A frightening look at how inside trading remains widespread years after Ivan Boesky’s parole.” That was in 1995. So many more insider trading scandals have captured the headlines since then.
Gene Marcial received an undergraduate degree in Journalism from the Santo Tomas University in Manila before studying law at the New York Law School and receiving a graduate degree in Political Science from New York University.