Any story develops in a spiral. Including financial. The fame of a man named Stepan Demur also has its turns of glory and downfall. In the recent past, a well-known financial analyst and trader gained, as they say, a second wind. Who is Stepan Demura - the genius of the financial world or a talented con man?
short biography
Each story has its own beginning. Stepan Demura, whose biography, as we have already said, is replete with enchanting ups and scandalous falls, was born in August 1967. Moscow is the hometown of the future famous financial market analyst . School years passed in an ordinary metropolitan school, which the boy successfully completed. At school, Stepan Demura was addicted to books, read a lot and, as they say, drunkenly. He always defended his own opinion not only before peers, but also persistently proved his innocence to teachers.
The financial world market interested the guy back in his school years. But no matter how surprising it was, he entered to study not as a financier, but as a rocket engineer at the Moscow Physicotechnical Institute. Passion for finances, he did not leave. On the contrary, he actively studied various publications during his student years, and also independently practiced English.
Who is Stepan Demur, people began to recognize during his student youth. At that time, he actively tried to recreate financial models, experimented and built various economic theories, which he wanted to test in practice.
Career in America
After graduating with honors from a prestigious Moscow university, a young specialist who was passionate about finance and economics was noticed by a private research university in Chicago. After a year at the University of Chicago, he joins Sheridan Investments LLC, where he successfully leads the market research department. Who is Stepan Demura at this stage of life? This is an already established, rather experienced analyst, who finally got the opportunity to realize all his student models and plans.
In addition, the analyst teaches at US Government Bonds. Lectures and seminars in the organization were interesting due to the large amount of knowledge and experience gained. To the most difficult and intricate questions of students, the teacher found weighty arguments and confirmed facts.
Back to Russia
After working in America for twelve years, Stepan Demura returns to his homeland. Here he managed the assets of the Russian Investment Club and analyzed the financial market of the Russian Federation.
Who is Stepan Demur, the public recognized after his appearance on television. It was at the beginning of 2006. At that time, his remarks and forecasts about the imminent financial crisis sounded unnatural and ridiculous.
The collapse of the American mortgage system was predicted by him two years later, and again no one took it seriously. As it turned out, in vain. All comments by Stepan Demura and his forecasts came true one hundred percent. From that moment on, the analyst began to listen to ordinary people who saw his forecasts on television, and the powers that be. His comments, phrases and statements “went to the people”, and quotes about finances became household names.
“There are no financiers in the Central Bank, only accountants work there”
There are a lot of similar quotes and expressions said by Stepan Demura, and they are all popular, all repeatable and truthful. He called the financial market system DGA. The analyst says that he is controlled by fools, stupid people and absurdity. There are always plenty of options for predicting the economic situation in the country.
What is his famous expression worth: "Some will have diapers, others will have popcorn." Demura only predicts a worsening situation, which, of course, I do not want to believe. But all his analytic theories almost always came true and realized. What do the economists of the country do? And what to believe the common people?