William Fairbanks has been an active investor for thirty years. After graduating from Furman University with a BA in Business with an emphasis in finance in 1973 and while working on his MBA he became a affiliated with Merrill Lynch. While there he helped to develop the institutional use of options as well as becoming an active options trader. After a number of years there he moved to a large regional firm where in addition to options he traded extensively in the bond market as well as managing private equity accounts. He subsequently helped form and was a principal in a new broker dealer that specialized in oil and real estate syndications as well as equity and options trading. He has written numerous articles on both technical charting techniques and options trading as well as trading for his own account and those of other individuals.
Jonathan Bernstein has been a private investor and trader for fifteen years. Before going out on his own in 1992, he spent eight years as a security analyst and portfolio manager at a number of Wall Street firms, including a stint as co-manager of the then $300 million MainStay High Yield fund at MacKay-Shields. He holds a BA in Economics with honors from the University of Michigan, where he was a National Merit Scholar, and an MS in Economics from the University of Wisconsin. Jonathan also interned at the Brookings Institution and the Congressional Budget Office. His writing on international energy markets has appeared in such venues as The New York Times and the Baltimore Sun. Jonathan earned his CFA Charter in 1987.