“Alec” Ellinger

Alexander (aka Alec) was born in 1904, Oxford educated and a stockbroker in the City before the war. He founded his own investment consultancy and investment management business, Investment Research, in Cambridge upon being demobbed in 1945. Alec was one of the first few to take the brave step of advocating investment in equities rather than gilts in the post-war era. How right he was.
“The Art of Investment”, which Alec co-wrote with another STA Fellow, John Cuningham, was published in 1955 and has since been reprinted many times. It was the first European book to introduce readers to charts and combined their usage with investment management techniques. He also co-authored “A Post-War History of the Stock Market” with another STA Fellow, Thomas H. (aka Harvey) Stewart, and wrote five more pamphlets. Alec became one of the founders of ACTA, now The Society of Technical Analysts, and was also a member of The Society of Investment Analysts (now CISI); he remains the only person ever elected as a Fellow of both.