Written by Dr. Cynthia Paulis, email@example.com Saturday, 24 August 2013 00:00
If you put 76 year old Tom Lloyd and the Energizer bunny in a race, Tom would out race the rabbit, leaving him in the dust.
This energetic, affable senior with twinkling blue eyes and a mischievous smile has just written his first book, Successful Stock Signals for Traders and Portfolio Managers by Wiley Publications and is starting on his second book. What is even more remarkable is that he wrote the 347 page book in six months and even a disturbance like Hurricane Sandy was not going to interfere with his writing. With water lapping at his door and no power, he parked himself at the Massapequa Library to finish his book at the pace of a chapter a week.
Lloyd’s foray into writing was rather serendipitous. A Massapequa resident for 45 years, father of four children and granddad to 12, Lloyd graduated NYU with a degree in philosophy.
“There weren’t too many jobs for philosophers,” he laughed, so he went on to get an MBA in accounting from St. John’s University. He credits his mom, Kathleen Healy for getting him interested in the stock market. A widow and a domestic on Park Avenue with four small children to raise, she handed Tom a prospectus at the age of 12 and asked him if she should buy the stock. The stock was Technicolor.
“I knew it from the movies, and of course I didn’t understand it but I told her to buy it,” he said. “She made money.”
Thus, entered his love of the stock market.
For 25 years, Lloyd worked as a consultant, teaching professional portfolio managers how to use technical analysis to select stocks. He never thought about writing a book until his wife, Eileen, a retired nurse, convinced him that they should take a writing class given at the Bar Harbour Library. The free classes, given twice a year, managed by Lee Gundel and taught by Mary Haughey, started Lloyd on his new career.
“Mary always tells us to write what we know,” he said. “I am not very good at creative writing, but I did know a lot about Wall Street. Market watch.com had a contest for writers so I entered the contest and wrote about how to approach the market from a person who knew nothing about the market. I didn’t win the contest but the editor wrote me and said, ‘You know, we would like you to write articles for Market Watch as a contributor.’ This was right up my alley because I read about Wall Street everyday, I read the news everyday and I can respond very quickly. I wrote an article and he sent it around to all the other writers and said, ‘This is the kind of article I want for the trading desk.’”
Lloyd continued writing and one day he received a call from an agent.
“This gets down to basically what Mary always teaches; write, write, write and get published and people will notice you,” he said. “I wrote on the Internet about Wall Street which I know very well and an agent took notice and contacted me because he liked my writing style.”
Lloyd was very excited to be holding his first book which came out Jul 22, 2013.
“I never would have thought about writing a book if this agent hadn’t contacted me and said ‘Have you ever thought about writing a book?’ If I hadn’t attended Mary’s course I would have said no,” he said. “I was inspired by this course. She encourages us to write what we know. I knew I could do it because I have seen what other people have done in the course and I said I can do this and its something I really know.”
Along with his newly minted status as author, Lloyd is also a lecturer at the library with a course about understanding the stock market beginning August 21 at 7.m.
Lloyd’s advice to aspiring authors is simple.
“I think every writer has a book already in them, it’s already there,” he said. “This book was in me. It’s not like I had to do very much work other than type it out. All they need is a spark.”