He entered the accounting field in the mids and worked primarily in executive positions for railroad companies in Central America and Mexico. In , Elliott married Mary Elizabeth Fitzpatrick — , who accompanied him during his extended time working as an expatriate in Mexico. Civil unrest there brought the couple back to the United States and eventually to a residence in New York City, where Elliott started a successful consulting business. Elliott Wave Theory[ edit ] In the early s, Elliott began his systematic study of seventy-five years of stock market data, including index charts with increments ranging from yearly to half-hourly. In August , he detailed the results of his studies by publishing his third book written in collaboration with Charles J. Collins , entitled The Wave Principle.
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Gainesville, Ga. He enjoyed a remarkably successful accounting career, including a U. State Department appointment, long before he published his first book on the stock market at the age of Elliott was of that rarest of breeds, a true scholar in the practical world of finance.
His revolutionary theory of stock market behavior goes way beyond the usual limitations that are characteristic of the bulk of the literature. Hamilton Bolton, founder of the Bank Credit Analyst, said, "He developed his principle into a rational method of stock market analysis on a scale never before attempted.
Over the years, it has had a profound effect on those who not only have the ability to recognize a theory of immense practical value, but who can appreciate the aesthetic beauty of the human experience in the abstract.
The Wave Principle has fascinated philosophers, mathematicians, psychologists, theologians and financiers alike. Now, after being out of print for decades, the original works of R. Elliott have been made available in this one complete volume. Read more
Ralph Nelson Elliott
R.N. Elliott's Masterworks