July 22, 2017
July 22, 2017
Still remember certain words and warnings he gave, and wishing he was around now with his wise comments. --Ina and Ellen Sandles
This memorial website was created in memory of our beloved father, brother, husband, friend and writer, Richard Lion Russell. Richard was the founder, author and publisher of Dow Theory Letters for 57 years.
Feel free to post a "tribute" below.
Articles and extended tributes by other financial writers can be found under the "stories" tab.
The video of the "Tribute to Richard Russell" event in 2009 can now be seen, in sections, under the "Gallery" tab in "Videos." The videos play best in Chrome or newer browsers.
Thank you for visiting!
Feel free to post a "tribute" below.
Articles and extended tributes by other financial writers can be found under the "stories" tab.
The video of the "Tribute to Richard Russell" event in 2009 can now be seen, in sections, under the "Gallery" tab in "Videos." The videos play best in Chrome or newer browsers.
Thank you for visiting!
Tributes
Leave a tribute
January 28, 2017
January 28, 2017
The Dow Theory Letter guided us from the late 60's until Richard's death. We still remember the first issue by mail, the first by eMail and the last sad notice. By advising this family he touched ranching, logging, legislating, land restoration and farming along with the investments we own, and our gold coins. Thanks are never enough.
November 25, 2016
November 25, 2016
We really miss you! --Ina and Ellen Sandles
November 21, 2016
November 21, 2016
Been a long time subscriber and wish to pay tribute to a notable and courageous person. Still appreciate the relevance of your legacy the Dow Theory Letter. Richard it is my hope that you are looking down on us with smiles!
November 21, 2016
November 21, 2016
There is no doubt that Richard Russell is forever in my heart. I still
carry a little note he wrote to me many years ago. It is beyond words
to love someone we've never met....that is how I felt about Richard
Russell. He was a giant not only among men, but among his peers
whose knowledge could not compare to Richard's understanding not
only of the markets, but about life. I loved the way he thought. When
I read one of his letters before his passing, I knew he was leaving...he
made a comment to his daughter, something about, "what's the point?"
His zest for life over the years was inspiration. But he was getting tired and this old world misses him beyond measure. So I talk to him in the
cosmos and I say, "I hope to meet you the next go around"...Love you
Richard Russell
carry a little note he wrote to me many years ago. It is beyond words
to love someone we've never met....that is how I felt about Richard
Russell. He was a giant not only among men, but among his peers
whose knowledge could not compare to Richard's understanding not
only of the markets, but about life. I loved the way he thought. When
I read one of his letters before his passing, I knew he was leaving...he
made a comment to his daughter, something about, "what's the point?"
His zest for life over the years was inspiration. But he was getting tired and this old world misses him beyond measure. So I talk to him in the
cosmos and I say, "I hope to meet you the next go around"...Love you
Richard Russell
November 21, 2016
November 21, 2016
I always enjoyed his WW2 stories, philosophy and love of Harleys.
His PTI and daily thoughts were a must read for me.
I miss him
Bob Weir
His PTI and daily thoughts were a must read for me.
I miss him
Bob Weir
September 28, 2016
September 28, 2016
My grandfather, who flew in WW1, loved the markets and market theory. He made and lost a good deal but ended up a disciplined and successful investor. His son, my father, was a subscriber of Richard's DTL's from the 1960's. He too, had the 'bug' and loved the puzzle of the markets. Ever since I can recall coming of age as a baby boomer in the 1970's, Richard's thoughts and opinions were always part of the investing conversations that Dad and I delighted in and shared. When Dad was ill and passed away in April of 2015 we kept talking about the market right to the end, with much laughter and mutual enjoyment. We also marvelled at Richard's wonderful long run and ability to work so late into his life. I will miss Richard and his advice - and the pleasure he gave Dad and I in batting around his ideas, especially in those delicious times when he was a contrarian and also profitably correct! My belated condolences to his family and friends.
July 22, 2016
July 22, 2016
Missing your words of wisdom. As a longtime subscriber to your newsletter, Richard, I am touched by not only your wisdom, but your courage. "Lion" is an appropriate middle name for the Man who had the courage to prevail through the many adversities and milestones of life and not forget the importance of family. I wish you peace and happiness in a place where you no longer suffer.
July 22, 2016
July 22, 2016
As the various markets go up and down, I wonder how Richard would interpret them. I try to always remember the markets dictate what will happen and how we need to let them tell the story instead of reading into what we think is happening. Thanks for the memories.
April 27, 2016
April 27, 2016
Like many of you I was a long-time reader of the Letters. Richard was a positive influence on my life in several ways. I appreciated Richard’s stories of his experiences in WWII, in part because my father shared the same experiences but would never talk of them. I benefited financially from Richard’s call of the primary trend in 2007, after I ignored him in 1999. As a scientist, I gained insights by searching for some grounding truth behind the “Dow Theory;” and although I count myself a skeptic I am better off for the journey of discovery that was prompted by Richard’s writings. Finally, I marveled at Richard’s eclectic interests, and remain inspired to match them in some small way. Thank you, Richard, for these many blessings.
April 8, 2016
April 8, 2016
I am so deeply saddened by the news of Richard's passing. I was a subscriber to Dow Theory Letters for many years, since 2005. Although I never met Richard, I felt like I knew him from reading his letters. He was a brilliant man, with a unique insight on the markets and on life. I miss his wonderful and candid stories of growing up in New York City in the depression era, his experiences as a bombardier in WWII, and his overall common sense. With his passing, the world loses an important chapter of our history. Richard was one of a kind. The world is at a loss without him and his powerful insights.
I sincerely offer my condolences to Richard's family and to the staff at Dow Theory Letters, for your heavy loss.
Jackie Rosner
New York City
I sincerely offer my condolences to Richard's family and to the staff at Dow Theory Letters, for your heavy loss.
Jackie Rosner
New York City
January 12, 2016
January 12, 2016
I kind of miss you, Dick. I am not sure that I was ever really ok with you, but mostly I feel like I was. Sometimes we have to take a leap.I think you and I had reached a begrudging and quiet admiration for each other in certain ways, and in so doing, I think you kind of got used to me and approved of me in certain ways. We had an honest relationship, like rivals who got used to each other. I kind of miss the dinners and just the general feeling that you were there, somewhere, in the background, lending support. You were a great provider for everyone in your family, beyond dollars and beyond time. I cannot say that in 30 years you and I ever had a long talk, but it was always cordial. I always thanked you for everything and you always said the pleasure was yours. I appreciate that, looking back now, and I appreciate all you did to help Daria and the kids, over and over again. And I do mean, over and over again. It was a pleasure, Dick. The pleasure was all mine.
January 6, 2016
January 6, 2016
Richard Russell was the best 'advice giving' uncle i ever had...and he wasn't even my uncle !...big smile to you and Thank You for all the wisdom (life and financial) and levity we all got from reading your writings ~~~
Thank You also for going to the 'other side' at this very important moment in time to help us all on planet earth complete the most important divine mission of our time ~~~ Carry On In Peace ~~~
Thank You also for going to the 'other side' at this very important moment in time to help us all on planet earth complete the most important divine mission of our time ~~~ Carry On In Peace ~~~
January 5, 2016
January 5, 2016
I have read Dow Theory Letters since 1970's. I e-mailed Richard this toast for his 79th birthday in 2003, and it remained valid for the rest of his life: To a brilliant man of rare integrity and wisdom, whose life has made a wonderful difference to so many for so long..a grateful and rewarded subscriber. I suggested in another e-mail that a book be compiled of his extraordinarily insightful, philosophical writings, for example on Truth, Soul Mates, Women, Einstein, Jews, human nature, and his autobiographical writings -- all written in an interesting, thought-provoking, entertaining manner. I hope that someone, perhaps a family member, might still do something like this. My condolences to all.
December 31, 2015
December 31, 2015
Hello - I just heard about your father's death and I am so sorry. Richard had a profound influence on my career. I first stumbled across his newsletter at the Chicago Mercantile Exchange's Library as a novice reporter for Reuters in the the 1990s, and I was hooked! I loved how clearly he could articulate his thoughts and I appreciated how he never showed off with too-clever arguments or jargon. He loved truth and beauty whether he was talking about competitive currencies or his cacti garden or his spiritual journey. I loved reading about all of it and I shall miss him. Thank you, Richard, and my condolences to his family. Stephanie
December 23, 2015
December 23, 2015
We have a standard poodle because of of Richards recommendation. Read him every day for years. Miss his mind. My condolences to the family.
December 22, 2015
December 22, 2015
Thinking of you, Richard and laying a flower on your heavenly grave. You have shared your life and love of Dow Theory with us, and I am grateful for your wisdom and strength of heart. You are free now. Go in peace knowing you have created an enlightened eternity within the hearts of all you have touched.....including me. You will be missed!
December 22, 2015
December 22, 2015
I knew Richard since 1967 when I started going to encounter groups led by Richard and his wife, Connie Russell. These groups were really very eclectic in their approach with influences from many sources. Richard had experience in psychoanalysis, encounter groups, and Gestalt Therapy and he used his knowledge in these areas, combined with his own intuition, to provide insight to group members. His approach was very direct and candid, which could feel intimidating, but was very effective in piercing defense mechanisms. He had a particular interest in and understanding of issues of sexuality. When he and his wife Connie separated and Richard stopped participating in the groups, his absence left a void which no one else was able to fill.
I bought gold mining shares in Aug 1973 as a result of his recommendation and doubled my money on them.
I bought gold mining shares in Aug 1973 as a result of his recommendation and doubled my money on them.
December 21, 2015
December 21, 2015
Thank you for your PTI, Dow Theory since the 1960s, the water pick, EMMETT FOX and last your personal life stories. You have been an inspiration to me. Six men cannot replace your wisdom. Thank you Darla too! JW
December 21, 2015
December 21, 2015
What a Life- What a man!! Richard Russell taught me how to invest and be a better person from his Letters. In 1968, when a junior at La Jolla high school. I would go to my dad's office to read the DTL's.
My father helped Richard when he had a heart condition. Reading his letters meant the world to me as young man. My dad and I always shared our thoughts, after the knowledge put on paper by Richard.
Thank you so much Richard Russell, you were loved by many..
C.W.
My father helped Richard when he had a heart condition. Reading his letters meant the world to me as young man. My dad and I always shared our thoughts, after the knowledge put on paper by Richard.
Thank you so much Richard Russell, you were loved by many..
C.W.
December 20, 2015
December 20, 2015
Richard's wisdom was a great source of joy for me over the years. Both of us were also jazz fans who appreciated the same era, though I am just now 61. I thank him for sharing so openly with investors. His education was priceless. My best to those who carry on his important work. In our age of near technological worship, an intuitive and counter-intuitive approach to the financial markets is still where it's at. His interest in Hay House publishing kept him young and more importantly, vital of thought. We've lost a V.I.P.
December 18, 2015
December 18, 2015
Richard,
Blessings to you!
And congratulations on your graduation to a new level!
So you got into Louise Hay, Emmet Fox, etc. toward the end of your visit to the Earth plane. You started to get into the good stuff! Maybe you explored the writings of others like Ernest Holmes, Eric Butterworth, H. Emilie Cady, Charles Fillmore, Myrtle Fillmore, Ralph Waldo Emerson, Florence Scovel Shinn, Catherine Ponder and more.
You began to tune into the Unity vibration, (unity.org), and their excellent publication Daily Word, (daily word.org).
By now you realize you picked your parents according to a resonance that you wanted. You also know that we live forever, we just keep changing vehicles. Your vehicle for this life served you well.
Best of luck in your future journeys, Richard. Will catch up with you later.
Blessings,
jpb
Blessings to you!
And congratulations on your graduation to a new level!
So you got into Louise Hay, Emmet Fox, etc. toward the end of your visit to the Earth plane. You started to get into the good stuff! Maybe you explored the writings of others like Ernest Holmes, Eric Butterworth, H. Emilie Cady, Charles Fillmore, Myrtle Fillmore, Ralph Waldo Emerson, Florence Scovel Shinn, Catherine Ponder and more.
You began to tune into the Unity vibration, (unity.org), and their excellent publication Daily Word, (daily word.org).
By now you realize you picked your parents according to a resonance that you wanted. You also know that we live forever, we just keep changing vehicles. Your vehicle for this life served you well.
Best of luck in your future journeys, Richard. Will catch up with you later.
Blessings,
jpb
December 14, 2015
December 14, 2015
My father was a subscriber beginning in the 1970's. I can remember him giving us advice based on what he was reading, and I read the letters myself whenever they would come to the house.
I just turned 46, and I literally grew up with this guy. I am so blessed financially, and much of that comes from the lessons I learned from Richard.
Richard Russell, you have had a tremendously positive impact on my life. thank you
I just turned 46, and I literally grew up with this guy. I am so blessed financially, and much of that comes from the lessons I learned from Richard.
Richard Russell, you have had a tremendously positive impact on my life. thank you
December 12, 2015
December 12, 2015
A message to Daria and the entire Russell family,
Daria, we met when Anita & I were visiting our daughter's family in San Diego almost 3 years ago. You accepted our request to "stop by", meet you, say hello to Richard and visit for a brief time. That moment is indelibly inscribed in my memory. You see I've been a subscriber to DTL ever since Marty Zweig transferred all his subscribers from "Zweig Forecast" to DTL and retired. That must have been in the early '80's or so. It's been a long time.
I felt a certain kinship with Richard, although we had never previously met. He and I were born in the same month, so we’re both "Leo's". We shared a similar military background - I flew bombers (B-52's) in Vietnam, and we both had an avid interest in trying to figure out the various movements of "the markets". Through my DTL subscription, Richard introduced me to technical analysis and among the most memorable quotes that I remember was the one he often repeated: "My PTI is always smarter than I am, so I must learn to follow it." ---- or words to that effect.
I was deeply saddened to hear of Richard's passing - not surprised ... but deeply saddened. He was one of a kind and perhaps you saw John Mauldin's wonderful recognition of him in his 11/25 issue of Outside The Box. In a separate email, I have sent you a copy.
Richard Russell was an icon in the investment and financial community. There's never been and most likely never will be another individual like him. We will remember him always.
Daria, thank you very much for opening your doors to us in La Jolla on April 11, 2013 and inviting the Parkhursts in for a brief visit with you and Richard. We will forever remember the kind hospitality of both of you.
Please accept both Anita's and my deepest sympathies to you, Daria, and the entire Russell family.
--Perry & Anita Parkhurst (from Michigan)
Daria, we met when Anita & I were visiting our daughter's family in San Diego almost 3 years ago. You accepted our request to "stop by", meet you, say hello to Richard and visit for a brief time. That moment is indelibly inscribed in my memory. You see I've been a subscriber to DTL ever since Marty Zweig transferred all his subscribers from "Zweig Forecast" to DTL and retired. That must have been in the early '80's or so. It's been a long time.
I felt a certain kinship with Richard, although we had never previously met. He and I were born in the same month, so we’re both "Leo's". We shared a similar military background - I flew bombers (B-52's) in Vietnam, and we both had an avid interest in trying to figure out the various movements of "the markets". Through my DTL subscription, Richard introduced me to technical analysis and among the most memorable quotes that I remember was the one he often repeated: "My PTI is always smarter than I am, so I must learn to follow it." ---- or words to that effect.
I was deeply saddened to hear of Richard's passing - not surprised ... but deeply saddened. He was one of a kind and perhaps you saw John Mauldin's wonderful recognition of him in his 11/25 issue of Outside The Box. In a separate email, I have sent you a copy.
Richard Russell was an icon in the investment and financial community. There's never been and most likely never will be another individual like him. We will remember him always.
Daria, thank you very much for opening your doors to us in La Jolla on April 11, 2013 and inviting the Parkhursts in for a brief visit with you and Richard. We will forever remember the kind hospitality of both of you.
Please accept both Anita's and my deepest sympathies to you, Daria, and the entire Russell family.
--Perry & Anita Parkhurst (from Michigan)
December 11, 2015
December 11, 2015
Whenever there was turbulence in the markets my wife would always ask me, 'what is Richard saying'. We followed his advice and invested in gold years ago. These investments are what allowed both of our sons to pay their college educations and make down-payments on their first houses. Richard's writings also turned me on to Emmet Fox. He was, and will always will be an extended member of our family. He will be truly missed. I hope, like others, he has found peace and love as he embarks on the next steps of his soul's journey.
December 8, 2015
December 8, 2015
I have known Richard for some 35 years.
During that time he was invariably a close friend, mentor and role model for me.
I recall reading that a primary gender difference between humans
Is that a women’s persona is primarily based upon who she was while a man’s was based upon what he did.
Certainly Richard both believed and conformed to that observation.
By almost any metric I would consider Richard’s life to be a full and extremely successful one.
Gerry Gurtman
During that time he was invariably a close friend, mentor and role model for me.
I recall reading that a primary gender difference between humans
Is that a women’s persona is primarily based upon who she was while a man’s was based upon what he did.
Certainly Richard both believed and conformed to that observation.
By almost any metric I would consider Richard’s life to be a full and extremely successful one.
Gerry Gurtman
December 8, 2015
December 8, 2015
I always look forward to 3pm to log on to read the Daily Remarks. The wisdom, advice and helping make sense of the markets was something I looked forward to over the last many years and will miss. However, Richard's words, musings and advice will stay with many of us for the rest of our lives. Sincere condolences, RIP Richard.
December 6, 2015
December 6, 2015
Thanks for taking me under your wings so many years ago Richard and for being there. I'm forever grateful for all you taught me. It was an honor and I grieve with my DTL family. I carry your spirit and memories in my heart - peace be with you my dear boss.
December 5, 2015
December 5, 2015
I have been a subscriber since 1980. I loved the historical stories and how Richard was a bombardier on B25's. His stories were always interesting, and he had a good one when he met the Pope.
We will miss his insight, wisdom, and historical perspective. Rest in Peace my friend.
We will miss his insight, wisdom, and historical perspective. Rest in Peace my friend.
December 4, 2015
December 4, 2015
I discovered the brilliance of Richard Russell in the late ‘60’s, while attending school (yes, they actually had balance in education back then) and have subscribed to DTL since 1971. Over the years, I have inhaled his wisdom and marveled at his deep understanding of how the world turns. It was clear to me that his grasp of “what is” came through arduous hours of study & connection to the universe.
Through the years, I attended several of his worthwhile appearances in relevant venues, the last of which was the tribute to Richard that John Mauldin arranged on April 4, 2009. During the brief question & answer period, I popped up and asked Richard what he would do if he were running the country, to which he stated, “I wouldn’t do a thing. I’d allow the bear market to run its course.” Thunderous applause followed demonstrating his sage mastery and loving acceptance of his life’s work.
The longest term personal results of his sagacious advice struck me like lightning in 1972 when I turned to my wife and said, “We are selling our house & using proceeds to make investments he suggests.” What followed was amazing: The 4th largest unemployment rate in U.S. history, collapse of the San Diego housing market, 924% rise in the price of gold, 1,644% rise in price of silver, and wage & price controls.
Bold? You bet! Savvy? Right on! Love of family, staff, clients, cacti & life? Unequivocal! This is the vision of Richard that I will always have. Rest in the peace that you truly deserve, my friend.
Through the years, I attended several of his worthwhile appearances in relevant venues, the last of which was the tribute to Richard that John Mauldin arranged on April 4, 2009. During the brief question & answer period, I popped up and asked Richard what he would do if he were running the country, to which he stated, “I wouldn’t do a thing. I’d allow the bear market to run its course.” Thunderous applause followed demonstrating his sage mastery and loving acceptance of his life’s work.
The longest term personal results of his sagacious advice struck me like lightning in 1972 when I turned to my wife and said, “We are selling our house & using proceeds to make investments he suggests.” What followed was amazing: The 4th largest unemployment rate in U.S. history, collapse of the San Diego housing market, 924% rise in the price of gold, 1,644% rise in price of silver, and wage & price controls.
Bold? You bet! Savvy? Right on! Love of family, staff, clients, cacti & life? Unequivocal! This is the vision of Richard that I will always have. Rest in the peace that you truly deserve, my friend.
December 4, 2015
December 4, 2015
I heard Richard speak at SDSU in the mid 1970's. Fascinating speaker and writer. His emphasis on the importance of working with the primary trend has favorably influenced my investing and is something I have passed on to my sons. He will be missed... Thank you R.R
December 3, 2015
December 3, 2015
Dear Mr Russell
Thank you for being part of my life for more than one quarter of a century. Your willingness to share your wisdom, experiences, and your
strength in interpreting the financial markets activities and trends have developed more excitement and enlightenment in my life. Your honesty and caring nature , and your achievement to correspond with individuals like myself of a different culture and race living across thousands of miles of oceans and territories , will forever stay in my memory of you.
Wishing you a blessed and safe journey.
With warm regards.
Thank you for being part of my life for more than one quarter of a century. Your willingness to share your wisdom, experiences, and your
strength in interpreting the financial markets activities and trends have developed more excitement and enlightenment in my life. Your honesty and caring nature , and your achievement to correspond with individuals like myself of a different culture and race living across thousands of miles of oceans and territories , will forever stay in my memory of you.
Wishing you a blessed and safe journey.
With warm regards.
December 3, 2015
December 3, 2015
All my intermittent encounters with Richard were so warm and welcoming, with a mutual respect for the work we do. I was pleased to meet Lauren in NYC and communicate with Daria on occasion, but i never had the face to face pleasure with Richard. My sympathy to all of his family, and for Richard, RIP.
December 2, 2015
December 2, 2015
Richard,
Thank you so much for introducing me to Emmet Fox and the spiritual path. That advice was worth it's weight in gold! I was blessed to have met you through the newsletter. You are the best. :-) I miss you.
Thank you so much for introducing me to Emmet Fox and the spiritual path. That advice was worth it's weight in gold! I was blessed to have met you through the newsletter. You are the best. :-) I miss you.
December 1, 2015
December 1, 2015
I just received the news of Richard's passing. So sad for all, but what a wonderful life! My father (Billy V. Ayers) was a very long time (early 60's maybe) subscriber to Dow Theory Letters and loved reading (and sharing with me!) Richard's advice, stories, and anecdotes. We have lost a great investment guru and a great guy. My condolences to all of the family.
December 1, 2015
December 1, 2015
My thoughts are with Richard's family at this difficult time. I trust you will find the strength to know he is in a better place now and watching over you. I'd read a few of Richard's newsletters over the years, through other outlets who would share some of his wisdom and writings. Being a student I was very interested but could not afford it or didn't see I was old enough to act on a lot of his stuff. Finally I subscribed, about a month ago (Oct'15) and enjoyed a month of getting his wisdom every single day. I thought my investment career had arrived! Alas, when the sad news came over the website I could barely believe it! For the first time in a long time I couldn't help but just cry. I somehow felt he had even taken a place my dad had held in my heart as a mentor and wisdom giver. I just couldn't believe I had lost him after only just 'getting him'. Somewhere here there is a learning, I hope, and I look forward to seeing how Richard's "plans" he approved for the newsletter pan out - very well I am sure. Thank you to his family for keeping us all in the loop so well and sharing so much of their family and Richard with us all. Richard would be extremely proud of you all - in fact I know he is. Thank you again and God bless you. - Brad (Sydney Australia) 2nd Dec'15
December 1, 2015
December 1, 2015
I started reading Dow Theory Letters in 2002. I don't think I've missed a letter since that time. My father had introduced me to it. I looked forward to signing on and seeing Mr. Russell's thoughts on the markets, and reading about his life, every single day. I learned so much from him. Even though I never met him, he was a mentor for me in so many ways. I learned about Louise Hay from him. He was not afraid to speak his mind, and was open about his feelings and emotions. It was so refreshing, and I've yet to find another writer in any field, who writes as if he/she is having a conversation with the reader. He had a quote about two years ago, and I'll never forget it. "I have a temper, but I'm working on it". To read this from an 89 year old person is incredible, funny and fantastic. He wrote with such honesty. He was very humble, and you don't see this from very many writers. I already miss him. RIP Mr. Russell and thanks so much for all the years of entertainment and education.
December 1, 2015
December 1, 2015
So sad to hear of Mr. Russell's passing. It isn't too often that you feel close to a person you have never met. That was one of Richard's gifts. You felt like you were his friend. I hope that now, past the veil, Richard is happy and fearless!! May he realize how many lives he touched by his honesty and vulnerability. We could all learn from him. May you, his family, know how much he gave to the world!! May he be at peace!! Love never dies!
November 30, 2015
November 30, 2015
My deep sincere condolences to the family and friends. Richard Russell was a great wise man. He had a special gift to express the market no one can.
I will miss your genuine writings, you were a true blessings. God loves you and your family.
I will miss your genuine writings, you were a true blessings. God loves you and your family.
November 30, 2015
November 30, 2015
Thanks for everything. Dick. Thanks for the dinners, for your generosity in many avenues of life and family and your sense of humor. I wish we could have had one more meal together, but that is how these things go I guess. You had a lot on your mind in your final days. Life, death, reincarnation and the market in the internet age. I hope you got it all figured out and are at peace. Son in law Mike
November 30, 2015
November 30, 2015
He was such a humble man.
November 30, 2015
November 30, 2015
As a subscriber to Dow Theory Letters for more than 25 years, Richard became not only my investment mentor but a friend whose visits every three weeks visits I eagerly awaited. His counsels served me well in my financial outlook.
I had the good fortune to meet him personally at the only conference in which he participated about five years ago near LaJolla. We spoke briefly about the markets. I specifically noticed and commented about his well-worn air force ring. He often wrote about its papal blessing and that he always wore it. This confirmed his story.
Richard's focus on Emmett Fox and Louise Hayes in these last years has sparked my interest and serious study of their works.
Richard Russell was a remarkable human being. I will sorely miss him.
Mychal P.Angelos, Chicago
I had the good fortune to meet him personally at the only conference in which he participated about five years ago near LaJolla. We spoke briefly about the markets. I specifically noticed and commented about his well-worn air force ring. He often wrote about its papal blessing and that he always wore it. This confirmed his story.
Richard's focus on Emmett Fox and Louise Hayes in these last years has sparked my interest and serious study of their works.
Richard Russell was a remarkable human being. I will sorely miss him.
Mychal P.Angelos, Chicago
November 30, 2015
November 30, 2015
Richard responded to at least 5 of the emails I sent him. That was very rare indeed as he said he rarely responded. You have to have a "hook" to get him to respond. This one that got him: I had met a marketing guy from Harley Davidson and told him about Richard. The guy said he would send Richard "Harley Davidson stuff" if I gave him an address. So I asked Richard if he would like it - of course he did. Richard even sent a reply: "I got the stuff".
It was always interesting to get Richard's daily comments. He had a perspective and writing talent that will be missed.We have lost a friend.
It was always interesting to get Richard's daily comments. He had a perspective and writing talent that will be missed.We have lost a friend.
November 30, 2015
November 30, 2015
In the large company I worked for, Mars, the top commodities exec subscribed to it and I could read the copy, starting in the mid 80's. When I retired I got my own subscription. Richard was a smart guy who gave us advice, if taken, led to monetary gains and security. He and his daily thoughts will leave a empty space in my daily life.
November 28, 2015
November 28, 2015
I have enjoyed RRs comments on the market, life, WW2, philosophy, and his astute life observations. I will miss them.
Robert Weir MD
Robert Weir MD
November 28, 2015
November 28, 2015
I join the Russell family in their grief. The loss is great. The grief is painful. I confess now, I am being selfish. One by one those whom I have trusted as guides for over fourty years have gone. Eric Hoffer the longshoreman philosopher. Edson Gould and now Richard Russell. To my lights that rare combination of knowledge, experience and wisdom demonstrated by Richard trumps algorithms and Big Data. I feel the chill. To say that he will be missed is an understatment.
I am greatful I can join with others in this tribute. RIP Mr. Russell.
——Curtis Beaird —
I am greatful I can join with others in this tribute. RIP Mr. Russell.
——Curtis Beaird —
November 28, 2015
November 28, 2015
I am sorry to learn that we lost Richard Russell. He will be missed greatly.
November 28, 2015
November 28, 2015
Richard's "Rich Man Poor Man" article contains timeless advice. I gave a copy to each of my children years ago when they were in their early twenties. I like to think that thought would make Richard smile. God bless. Steve Wolfe
November 28, 2015
November 28, 2015
Richard's parents and my parents were friends, so Richard and Kate and I knew each other. Richard taught me about jazz and cacti- especially when he planted a cactus garden in my parents home in the country. Though I was several years younger than Richard (at an age when several years made a great deal of difference), Richard was always thoughtful and kind toward me when we were teen agers. I remember him fondly from those years when he paid attention to teaching a younger kid.
November 27, 2015
November 27, 2015
I am so sorry to hear that we lost Richard recently. I was a subscriber to the Dow Theory Letters when I was an RIA, but some of the best information I received from Richard was him discussing his Chelation treatments. I went on to find a famous chelation doctor in the Kansas City area, Dr Edward McDonaugh . I owe a huge debt to Richard for this information about Chelation, it changed my life. I probably would not have had the confidence to try it, if the information had not come from someone that I already trusted.
James Cannon
James Cannon
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Recent Tributes
July 23, 2023
July 23, 2023
Every year I leave a tribute for this great man. Not only did he assist me with knowledge financially, but he saved my life with his spiritual aspects in his later posts. Especially to note was his musings about the great Emmett Fox. Thank you for that enlightenment Sir Richard.
July 22, 2023
July 22, 2023
As I watch world events , every now and then in the back of my head I remember you writing "Gold will be the last man standing." Missing your words of wisdom to guide us through what seems inevitable; as well as your WWII stories. Forever missing you, and now my Mom who was a long-time subscriber
July 22, 2023
July 22, 2023
Miss you Richard Russell,
I still have many of your WWII stories in my memory and some printed off. Miss the wisdom you shared so freely.
Forever missed,
Tom
I still have many of your WWII stories in my memory and some printed off. Miss the wisdom you shared so freely.
Forever missed,
Tom
Gallery
RR - Cactus Man :-)
22Jul2016 - thinking of you on your birthday.
Time Square 3
Adens
Richard and Tyler Tarr
Toast at 90th Birthday
Richard and son Ryan
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Recent stories
College/Wartime Letters from Richard to my Dad
August 13, 2018
Hi, my father Herbert Hirsch was a high school classmate of Richard at Horace Mann. He passed around the same time as Richard. In going through his belongings I found a box stuffed with letters he received during World War 2 while he was both ROTC at Brown and serving overseas. Some of them are from Richard. They are well written, jocular and provide insights into these two young men. I would be happy to share them with any interested family members. I can be reached at lhirsch02@msn.com. My condolences on your loss. Laurence Hirsch
Times Square billboard:
February 2, 2016
Click on photo to see Richard Russell on PR Newswire's billboard in Times Square in Manhattan.
from Mary Anne and Pamela Aden, The Aden Forecast
January 26, 2016
A LEGEND HAS PASSED
From The Aden Forecast – December 9, 2015
Our dear friend Richard Russell passed away on Saturday, November 21. He was 91 years old and it came as a sad surprise.
LARGER THAN LIFE
Richard was a person who was larger than life. He was a legend, a pioneer in the newsletter business, highly respected and filled with integrity.
He loved his work and his subscribers. Richard was active right up to the end, still writing his daily comments until days before he passed.
Richard was always very special to us and we’ll truly miss him. For nearly 40 years we’ve been proud to call him our friend and we were big fans even before we met him.
GREAT WRITING
We started reading Dow Theory Letters in 1976 and we loved it. Richard provided his view of the stock market via the Dow Theory method. He also did a lot of research on gold.
Dow Theory Letters was started in 1958. It was the longest investment letter continuously written by the same person and it was an inspiration.
His analysis was fascinating and we learned a great deal from him, not only about the markets but about life.
He often talked about philosophy, his life, family, his days as a bombardier during World War II and so much more. He basically shared his personal journey with his subscribers.
Like many of his subscribers we enjoyed his war stores. Since our late father was also in WWII, these stories hit home. That’s especially true because our father never discussed the war. Perhaps it was too painful, so hearing Richard’s WWII experiences filled a void in our own father’s past we never knew about.
BACK IN 1978
In 1978 we met Richard at an investment conference in the Bahamas. He was a speaker and we were attendees, and we were honored to talk to him at that conference.
When we told him we were market students he encouraged us to keep at it and this continued throughout our career, over the decades.
He was especially helpful when we started The Aden Forecast in the early 1980s. He was always available to give advice, ideas and tips, and we will forever be grateful.
Last year we attended his 90 year birthday party in La Jolla. It was a happy time with friends and family.
FAMILY FIRST
He always loved his family. His kids meant everything to him and he often talked about Daria, Nicole, Betsy, Ryan and Lauren, and his sister Kate.
He was also close to his former wives, especially Connie and Paula. Paula was Richard’s second wife and the mother of Ryan and Lauren. She worked with Richard for 30 years.
This alone says a lot about Richard. They were one big happy family and we were lucky to become friends with his family too.
During his last few years Richard became very spiritual. He was a devout follower of Louise Hay and Emmet Fox. He embraced the philosophy of love and peace, and he passed these words of wisdom on to his subscribers.
Like always, he shared his innermost thoughts. He was open, honest and real, and that’s what everyone loved about him.
Politics, religion, pop culture, global events, jazz, the past and the future... his subscribers knew where he stood on just about everything. And whether they agreed with him or not, they liked hearing his views.
MARKETS: His passion
But the markets were his real passion. As Richard often said... “I’ve spent two-thirds of my life studying and writing about the markets. And I’d say without a doubt the material that has served me best are the books and papers written by the great Dow Theorists -Charles H. Dow, who started the Wall Street Journal in 1889, William P. Hamilton, Robert Rhea and George Schaefer.”
Richard zeroed in on the Dow Theory and this became the basis of his research. Dow Theory is a technical tool that focuses on the primary market trend, or the big picture. It’s also based on market values.
His work came to the attention of Robert Bleiberg, the editor of Barron’s, who published one of Richard’s bullish articles. This created a lot of interest, bringing in hundreds of subscribers, and that’s how Dow Theory Letters was born.
Some years later Richard invented his own Primary Trend Index. This was devised to keep his subscribers on the right side of the major stock market trend. That is, a trend that would generally last at least a year or more.
As you know, we often quoted Richard Russell in these pages. That’s because he was the Dow Theory expert and he had a good track record, identifying some of the biggest moves over the past half century.
In 1958, for example, following his bullish Barron’s article, stocks kept rising until 1966 and he called the top. He advised buying gold stocks in the early 1960s and they surged in the years that followed.
Most impressive, he identified the stock market bottom in 1974 at a time when everyone was scared following its gut wrenching plunge. And he called the stock market top in 1987, prior to the biggest drop in history.
The gold bull market in the early 2000s was another great call. And it was always interesting to talk to Richard about the markets.
THE LAST DAYS
Our last correspondence with Richard was three weeks before he died, and we didn’t know he was sick. He sent us a photo that day and he looked good and happy. (The photo below was taken several years ago in La Jolla.)
We will miss our dear friend very much. In fact, the entire newsletter industry will be mourning the passing of this kind, brilliant, elegant statesman for many years to come.