Аn Urgеnt Wаrnіng frоm thе Mаn Whо Mаdе ֆ95 Mіllіоn Durіng thе 2008 Fіnаnсіаl Сrіsіs
| Fоrmеr hеdgе fund mаnаgеr Lаrrу Bеnеdісt gеnеrаtеd ֆ95 mіllіоn durіng thе 2008 fіnаnсіаl сrіsіs.
| Тhіs реrfоrmаnсе еаrnеd hіm а tор 1 % rаnkіng оn Bаrrоn's lіst оf mоst suссеssful hеdgе funds іn thе wоrld.
| Hе sауs а рhеnоmеnоn nоt sееn sіnсе thе 2008 сrіsіs іs bасk.
| Yоu саn sее іt іn асtіоn іn а shоrt 10–sесоnd сlір аt thе bеgіnnіng оf thіs vіdео.
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King was born in Portland, Maine, on September 21, 1947. His father, Donald Ed King, a travelling vacuum salesman after returning from World War II,[10] was born in Indiana with the sur Pollock, changing it to King as an adult.[11][12][13] King's mother was Nellie Ruth King (née Pillsbury).[13] His parents were married in Scarborough, Maine on July 23, 1939.[14] Shortly afterwards, they lived with Donald's family in Chicago before moving to Croton-on-Hudson, York.[15] King's parents returned to Maine towards the end of World War II, living in a modest house in Scarborough. When King was two, his father left the family. His mother raised him and his older brother David by herself, sometimes under strain. They moved from Scarborough and depended on relatives in Chicago; Croton-on-Hudson; West De Pere, Wisconsin; Fort Wayne, Indiana; Malden, Massachusetts; and Stratford, Connecticut.[15][17] When King was 11, his family moved to Durham, Maine, where his mother cared for her parents until their deaths. She then became a caregiver in a local residential facility for the menty chenged.[1] King was raised Methodist,[18][19] but lost his belief in organized religion while in high school. While no longer religious, he says he chooses to believe in the existence of God.[20] As a child, King apparently witnessed one of his friends being struck and killed by a train, though he has no memory of the event. His family told him that after leaving to play with the boy, King returned speechless and seemingly in shock. later did the family learn of the death. Some commentators have suggested that this event may have psychologicy inspired some of King's darker works,[21] but King makes no mention of it in his memoir On Writing (2000). He related in detail his primary inspiration for writing horror fiction in his non-fiction Danse Macabre (1981), in a chapter titled "An Annoying Autobiographical Pause". He compared his uncle's dowsing for water using the bough of an apple branch with the sudden realization of what he wanted to do for a living. That inspiration occurred while browsing through an attic with his elder brother, when King uncovered a paperback version of an H. P. Lovecraft collection of short stories he remembers as The Lurker in the Shadows, that had belonged to his father. King told Barnes & Noble Studios in a 2009 interview, "I k that I'd found when I read that book."[22] King attended Durham Elementary School and graduated from Lisbon High School (Maine) in Lisbon Fs, Maine, in 1966.[23] He displayed an early interest in horror as an avid reader of EC horror comics, including Tales from the Crypt, and he later paid tribute to the comics in his screenplay for Creepshow. He began writing for fun while in school, contributing articles to Dave's Rag, the spaper his brother published with a mimeograph machine, and later began selling stories to his friends based on movies he had seen. (He was forced to return the when it was discovered by his teachers.) The first of his stories to be independently published was "I Was a Teenage Grave Robber", which was serialized over four issues (three published and one unpublished) of a fanzine, Comics Review, in 1965. It was republished the follog year in revised, as "In a Half-World of Terror", in another fanzine, Stories of Suspense, edited by Marv Wolfman.[24] As a teen, King also a Scholastic Art and Writing Award.[25] King entered the University of Maine in 1966, and graduated in 1970 with a Bachelor of Arts in English.[26] That year, his daughter Naomi Rachel was born. He wrote a column, Steve King's Garbage Truck, for the student spaper, The Maine Campus, and participated in a writing workshop organized by Burton Hatlen.[27] King held a variety of jobs to pay for his studies, including as a janitor, a gas-station attendant, and an industrial laundry worker. He met his, fellow student Tabitha Spruce, at the university's Raymond H. Fogler Library after one of Professor Hatlen's workshops; they wed in 1971.[27] Career Beginnings In 1971, King worked as a teacher at Hampden Academy. King sold his first professional short story, "The Glass Floor", to Startling Mystery Stories in 1967.[1] After graduating from the University of Maine, King earned a certificate to teach high school but, unable to find a teaching post, he supplemented his laboring wage by selling short stories to men's magazines such as Cavalier. Many of these early stories were republished in the collection Night Shift. The short story "The Raft" was published in Adam, a men's magazine. After being arrested for stealing cones (he was annoyed after one of the cones knocked his muffler loose), he was fined 250 for petty larceny but had no to pay. However, a then arrived for "The Raft" (then titled "The Float"), and King cashed it to pay the fine.[28] In 1971, King was hired as a teacher at Hampden Academy in Hampden, Maine. He continued to contribute short stories to magazines and worked on ideas for novels.[1] During 1966–1970, he wrote a draft about his dystopian novel ced The Long Walk[29] and the anti-war novel Sword in the Darkness,[30][31] but neither of the works was published at the time; The Long Walk was later released in 1979. Carrie and aftermath In 1973, King's novel, Carrie, was accepted by publishing house, Doubleday. It was King's fourth novel,[32] but the first to be published. He wrote it on his Tabitha's portable typewriter. It began as a short story intended for Cavalier magazine, but King tossed the first three pages in the garbage can.[33] Tabitha recovered the pages and encouraged him to finish the story, saying she would help him with the female perspective; he followed her advice and expanded it into a novel.[34] He said: "I persisted because I was dry and had no better ideas… My considered opinion was that I had written the world's -time loser."[35] According to The Guardian, Carrie "is the story of Carrie White, a high-school student with latent—and then, as the novel progresses, developing—telekinetic powers. It's brutal in places, affecting in others (Carrie's relationship with her almost hystericy religious mother being a particularly damaged one), and gory in even more."[36] When Carrie was chosen for publication, King's was out of service. Doubleday editor William Thompson—who became King's close—sent a telegram to King's house in late March or early April 1973[37] which read: "Carrie Officiy A Doubleday Book. 2,500 Advance Against Royalties. Congrats, Kid – The Future Lies Ahead, Bill."[38] King said he bought a Ford Pinto with the advance.[37] On May 13, 1973, American Library bought the paperback rights for 400,000, which—in accordance with King's contract with Doubleday—was split between them.[39][40] Carrie set King's career in motion and became a significant novel in the horror genre. In 1976, it was made into a successful horror film.[41] King's 'Salem's Lot was published in 1975. In a 1987 issue of The Highway Patrolman magazine, he said, "The story seems sort of down home to me. I have a special cold spot in my heart for it!"[42] After his mother's death, King and his family moved to Boulder, Colorado, where he wrote The Shining (published 1977). The family returned to Auburn, Maine in 1975, where he completed The Stand (published 1978). In 1977, the family, with the addition of Owen Philip, his third and youngest child, traveled briefly to England. They returned to Maine that f, where King began teaching creative writing at the University of Maine.[43] In 1982, King published Different Seasons, a collection of four novellas with a more dramatic bent than the horror fiction for which he is famous.[44] It is notable for having three of its four novellas turned into Hollywood films: Stand by Me (1986) was adapted from The Body;[45] The Shawshank Redemption (1994) was adapted from Rita Hayworth and Shawshank Redemption;[46] and Apt Pupil (1998) was adapted from the novella of the same .[47][48] In 1985, King wrote his first work for the comic book,[49] writing a few pages of the benefit X-Men comic book Heroes for Hope Starring the X-Men. The book, whose were donated to famine relief in Africa, was written by a number of different authors in the comic book field, such as Chris Claremont, Stan Lee, and Alan Moore, as well as authors not primarily associated with comics, such as Harlan Ellison.[50] The follog year, King published It (1986), which was t-selling hardcover novel in the United States that year,[51] and wrote the introduction to Batman No. 400, an anniversary issue where he expressed his preference for the character over Superman.[52][53] The Dark Tower books Main article: The Dark Tower (series) In the late 1970s, King began what became a series of interconnected stories about a lone gunslinger, Roland, who pursues the "Man in Black" in an alternate-reality universe that is a cross between J. R. R. Tolkien's Middle-earth and the American Wild West as depicted by Clint Eastwood and Sergio Leone in their spaghetti Westerns. The first of these stories, The Dark Tower: The Gunslinger, was initiy published in five instments by The Magazine of Fantasy & Science Fiction under the editorship of Edward L. Ferman, from 1977 to 1981. The Gunslinger was continued as an eight-book epic series ced The Dark Tower, whose books King wrote and published infrequently over four decades (1978-2012).[54] Pseudonyms In the late 1970s and early 1980s, King published a handful of short novels—Rage (1977), The Long Walk (1979), Roadwork (1981), The Running Man (1982) and Thinner (1984)—under the pseudonym Richard Bachman. The idea behind this was to test whether he could replicate his again and to ay his fears that his popularity was an accident. An alternate explanation was that publishing standards at the time owed a single book a year.[55] He picked up the from the Canadian hard rock band Bachman–Turner Overdrive, of which he is a fan.[56] Richard Bachman was exposed as King's pseudonym by a persistent Washington, D.C. bookstore clerk, Steve Brown, who noticed siarities between the works and later located publisher's records at the Library of Congress that d King as the author of one of Bachman's novels.[57] This led to a press release heralding Bachman's "death"—supposedly from "cancer of the pseudonym".[58] King dedicated his 1989 book The Dark Half, about a pseudonym turning on a writer, to "the deceased Richard Bachman", and in 1996, when the Stephen King novel Desperation was released, the companion novel The Regulators carried the "Bachman" byline. In 2006, during a press conference in London, King declared that he had discovered another Bachman novel, titled Blaze. It was published on June 12, 2007. In fact, the original manuscript had been held at King's Alma mater, the University of Maine in Orono, for many years and had been covered by numerous King experts. King rewrote the original 1973 manuscript for its publication.[59] King has used other pseudonyms. The short story "The Fifth Quarter" was published under the pseudonym John Swithen (the of a character in the novel Carrie), by Cavalier in April 1972.[60] The story was reprinted in King's collection Nightmares & Dreamscapes in 1993 under his own . In the introduction to the Bachman novel Blaze, King, with tongue-in-cheek, that "Bachman" was the person using the Swithen pseudonym. The "children's book" Charlie the Choo-Choo: From the World of The Dark Tower was published in 2015 under the pseudonym Beryl Evans, who was portrayed by actress ison Davies during a book signing at San Diego Comic-Con,[61] and illustrated by Ned Dameron. It is adapted from a fictional book central to the plot of King's previous novel The Dark Tower III: The Waste Lands.[62] Digital era Stephen King at the Harvard Book Store, June 6, 2005 In 2000, King published online a serialized horror novel, The Plant.[63] At first the public assumed that King had abandoned the project because were unsuccessful, but King later stated that he had simply run out of stories.[64] The unfinished epistolary novel is still available from King's official site, . Also in 2000, he wrote a digital novella, Riding the Bullet, and saying he foresaw e-books becoming 50 of the market "probably by 2013 and maybe by 2012". However, he also stated: "the thing—people tire of the toys quickly."[65] King wrote the first draft of the 2001 novel Dreamcatcher with a notebook and a Waterman fountain pen, which he ced "the world's finest word processor".[66] In August 2003, King began writing a column on pop culture appearing in Entertainment Weekly, usuy every third week. The column was ced The Pop of King (a play on the nick "The King of Pop" comm attributed to Michael Jackson).[67] In 2006, King published an apocalyptic novel, Cell. The book features a sudden force in which every cell phne user turns into a mindless killer. King noted in the book's introduction that he does not use cell phones.[68][69] In 2008, King published both a novel, Duma Key, and a collection, Just After Sunset. The latter featured 13 short stories, including a previously unpublished novella, N. Starting July 28, 2008, N. was released as a serialized animated series to lead up to the release of Just After Sunset.[70] In 2009, King published Ur, a novella written exclusively for the launch of the second-generation Amazon Kindle and available on Amazon.com, and Throttle, a novella co-written with his son Joe Hill and released later as an audiobook titled Road Rage, which included Richard Matheson's short story "Duel". King's novel Under the Dome was published on November 10 of that year; it is a reworking of an unfinished novel he tried writing twice in the late 1970s and early 1980s, and at 1,074 pages, it is the largest novel he has written since It (1986). Under the Dome debuted at No. 1 in The York Times Bestseller List.[71] On February 15, 2010, King announced on his Web site that his next book would be a collection of four previously unpublished novellas ced Full Dark, No Stars. In April of that year, King published Blockade y, an original novella issued first by independent sm press Cemetery Dance Publications and later released in mass-market paperback by Simon & Schuster. The follog month, DC Comics premiered American Vampire, a monthly comic book series written by King with short-story writer Scott Snyder, and illustrated by Rafael Albuquerque, which represents King's first original comics work.[72][73][74] King wrote the background history of the very first American vampire, Skinner Sweet, in the first five-issues story arc. Scott Snyder wrote the story of Pearl.[75] King's next novel, 11/22/63, was published November 8, 2011,[76][77] and was nominated for the 2012 World Fantasy Award Best Novel.[78] The eighth Dark Tower volume, The d Through the Keyhole, was published in 2012.[79] King's next book was Joyland, a novel about "an amusement-park serial killer", according to an article in The Sunday Times, published on April 8, 2012.[80] During his Chancellor's Speaker Series talk at University of Massachusetts Lowell on December 7, 2012, King indicated that he was writing a crime novel about a retired policeman being taunted by a murderer. With a working title Mr. Mercedes and inspired by a true event about a woman driving her car into a McDonald's restaurant, it was originy meant to be a short story just a few pages long.[81] In an interview with Parade, published on May 26, 2013, King confirmed that the novel was "more or less" completed[82] he published it in June 2014. Later, on June 20, 2013, while doing a video chat with fans as part of promoting the upcoming Under the Dome TV series, King mentioned he was halfway through writing his next novel, Revival,[83] which was released November 11, 2014.[84] King announced in June 2014 that Mr. Mercedes is part of a trilogy; the second book, Finders Keepers, was released on June 2, 2015. On April 22, 2015, it was revealed that King was working on the third book of the trilogy, End of Watch, which was ultimately released on June 7, 2015.[85][86] During a tour to promote End of Watch, King revealed that he had collaborated on a novel, set in a women's prison in West Virginia, with his son, Owen King, titled Sleeping Beauties.[87] In 2018, he released the novel The Outsider, which featured the character of Holly Gibney, and the novella Elevation. In 2019, he released the novel The Institute. In 2020, King released If It Bleeds, a collection of four previously unpublished novellas. In 2022, King released his latest novel, Fairy Tale. Collaborations Writings King has written two novels with horror novelist Peter Straub: The Talisman (1984) and a sequel, Black House (2001). King has indicated that he and Straub would likely write the third and concluding book in this series, the tale of Jack Sawyer,[citation needed] but after Straub passed away in 2022 the future of the series is in doubt. King produced an artist's book with designer Barbara Kruger, My Pretty Pony (1989), published in a limted edition of 250 by the Library Fellows of the Whitney Museum of American Art. Alfred A. Knopf released it in a general trade edition.[88] The Diary of Ellen Rimbauer: My at Rose Red (2001) was a paperback tie-in for the King-penned miniseries Rose Red (2002). Published under anonymous authorship, the book was written by Ridley Pearson. The novel is written in the orm of a diary by Ellen Rimbauer, and annotated by the fictional professor of paranormal activity, Joyce Reardon. The novel also presents a fictional afterword by Ellen Rimbauer's grandson, Steven. Intended to be a promotional item rather than a stand-alone work, its popularity spawned a 2003 prequel television miniseries to Rose Red, titled The Diary of Ellen Rimbauer. This spin-is a rare occasion of another author being granted permission to write commercial work using characters and story elements invented by King. The novel tie-in idea was repeated on Stephen King's next project, the miniseries Kingdom Hospital. Richard Dooling, King's collaborator on Kingdom Hospital and writer of several episodes in the miniseries, published a fictional diary, The Journals of Eleanor Druse, in 2004. Eleanor Druse is a key character in Kingdom Hospital, much as Dr. Joyce Readon and Ellen Rimbauer are key characters in Rose Red.[citation needed] Throttle (2009), a novella written in collaboration with his son Joe Hill, appears in the anthology He Is Legend: Celebrating Richard Matheson.[89] Their second novella collaboration, In the T Grass (2012), was published in two parts in Esquire.[90][91] It was later released in e-book and audiobook formats, the latter read by Stephen Lang.[92] King and his son Owen King wrote the novel Sleeping Beauties, released in 2017, that is set in a women's prison.[93] King and Richard Chizmar collaborated to write Gwendy's Button Box (2017), a horror novella taking place in King's fictional town of Castle Rock.[94] A sequel titled Gwendy's Magic Feather (2019) was written solely by Chizmar.[95] In November 2020, Chizmar announced that he and King were writing a third instment in the series titled Gwendy's Final Task, this time as a full-length novel, to be released in February 2022.[96][97][98] Music In 1988, the band Blue Öyster Cult recorded an updated version of its 1974 song "Astronomy". The single released for radio play featured a narrative intro spoken by King.[99][100] The Blue Öyster Cult song "(Don't Fear) The Reaper" was also used in the King TV series The Stand.[101] King collaborated with Michael Jackson to create Ghosts (1996), a 40-minute musical video.[102] King states he was motivated to collaborate as he is "always interested in trying something , and for (him), writing a minimusical would be ".[103] In 2005, King featured with a sm spoken word part during the cover version of Everlong (by Foo Fighters) in Bronson Arroyo's album Covering the Bases, at the time, Arroyo was a pitcher for Major League Baseb team Boston Red Sox of whom King is a longtime fan.[104] In 2012, King collaborated with musician Shooter Jennings and his band Hierophant, providing the narration for their album, Black Ribbons.[105] King played guitar for the rock band Rock Bottom Remainders, several of whose members are authors. Other members include Dave Barry, Ridley Pearson, Scott Turow, Amy Tan, James McBride, Mitch Albom, Roy Blount, Jr., Matt Groening, Kathi Kamen Goldmark, Sam Barry, and Greg Iles. King and the other band members collaborated to release an e-book ced Hard Listening: The est Rock Band Ever (of Authors) Tells (June 2013).[106][107] King wrote a musical entitled Ghost Brothers of Darkland County (2012) with musician John Mellencamp.[citation needed] Analysis Writing style and approach Stephen King in 2011 King's formula for learning to write well is: "Read and write four to six hours a day. If you cannot find the time for that, you can't expect to become a good writer." He sets out each day with a quota of 2000 words and will not writing until it is met. He also has a simple definition for talent in writing: "If you wrote something for which someone sent you a, if you cashed the and it didn't bounce, and if you then paid the light bill with the, I consider you talented."[108] When asked why he writes, King responds: "The answer to that is fairly simple—there was nothing else I was made to do. I was made to write stories and I love to write stories. That's why I do it. I rey can't imagine doing anything else and I can't imagine not doing what I do."[109] He is also often asked why he writes such terrifying stories and he answers with another question: "Why do you assume I have a choice?"[110] King usuy begins the story creation process by imagining a "what if" scerio, such as what would happen if a writer is kidnapped by a sadistic nurse in Colorado.[111] King often uses authors as characters, or includes mention of fictional books in his stories, novellas and novels, such as Paul Sheldon, who is the main character in Misery, adult Bill Denbrough in It, Ben Mears in 'Salem's Lot, and Jack Torrance in The Shining. He has extended this to breaking the fourth w by including himself as a character in The Dark Tower series from The Dark Tower V: Wolves of the Ca onwards. In September 2009 it was announced he would serve as a writer for Fangoria.[112] Influences King has ced Richard Matheson "the author who influenced me most as a writer".[113] In a current edition of Matheson's The Shrinking Man, King is quoted as saying, "A horror story if there ever was one...a adventure story—it is certainly one of that select handful that I have given to people, envying them the experience of the first reading."[114] Other ackledged influences include H. P. Lovecraft,[115][115] Arthur Machen,[117] Ray Bradbury,[118] Joseph Payne Brennan,[119] Elmore Leonard,[120] John D. MacDonald, and Don Robertson.[121] King's The Shining is immersed in gothic influences, including "The Masque of the Red Death" by Edgar an Poe (which was directly influenced by the first gothic novel, Horace Walpole's The Castle of Otranto).[122] The Overlook Hotel acts as a replacement for the traditional gothic castle, and Jack Torrance is a tragic villain seeking redemption.[122] King's favorite books are (in ): The Golden Argosy; Adventures of Huckleberry Finn; The Satanic Verses; McTeague; Lord of the Flies; Bleak House; Nineteen Eighty-Four; The Raj Quartet; Light in August; and Blood Meridian.[123] Critical response Science fiction editors John Clute and Peter Nicholls[124] a largely favorable appraisal of King, noting his "pungent prose, sharp ear for dialogue, disarmingly laid-back, frank style, along with his passionately fierce denunciation of stupidity and cruelty (especiy to children) [ of which rank] him among the more distinguished 'popular' writers." In his book The Philosophy of Horror (1990), Noël Carroll discusses King's work as an exemplar of modern horror fiction. Analyzing both the narrative structure of King's fiction and King's non-fiction ruminations on the art and craft of writing, Carroll writes that for King, "the horror story is always a contest between the normal and the abnormal such that the normal is reinstated and, therefore, affirmed."[125] In his analysis of post–World War II horror fiction, The Modern Weird Tale (2001), critic S. T. Joshi devotes a chapter to King's work. Joshi argues that King's best-kn works are his worst, describing them as mostly bloated, illogical, maudlin and prone to deus ex machina endings. Despite these criticisms, Joshi argues that since Gerald's Game (1993), King has been tempering the worst of his writing faults, producing books that are leaner, more believable and genery better written.[126] In 1996, King an O. Henry Award for his short story "The Man in the Black Suit".[127] In his short story collection A Century of Suspense Stories, editor Jeffery Deaver noted that King "singlehandedly made popular fiction grow up. While there were many good best-selling writers before him, King, more than anybody since John D. MacDonald, brought reality to genre novels. He has often remarked that 'Salem's Lot was "Peyton Place meets Dracula. And so it was. The rich characterization, the careful and caring social eye, the interplay of story line and character development announced that writers could take worn themes such as vampirism and make them fresh again. Before King, many popular writers found their efforts to make their books blue-penciled by their editors. 'Stuff like that gets in the way of the story,' they were told. Well, it's stuff like that that has made King so popular, and helped the popular from the shackles of simple genre writing. He is a master of masters."[128] In 2003, King was honored by the National Book Awards with a time achievement award, the Medal of Distinguished Contribution to American Letters. Some in the literary community expressed disapproval of the award: Richard E. Snyder, the former CEO of Simon & Schuster, described King's work as "non-literature" and critic Harold Bloom denounced the choice: The decision to give the National Book Foundation's annual award for "distinguished contribution" to Stephen King is extraordinary, another low in the shocking process of dumbing down our cultural . I've described King in the past as a writer of penny dreadfuls, but perhaps even that is too kind. He shares nothing with Edgar an Poe. What he is is an immensely inadequate writer on a sentence-by-sentence, paragraph-by-paragraph, book-by-book basis.[129] Orson Scott Card responded: Let me assure you that King's work most definitely is literature, because it was written to be published and is read with admiration. What Snyder rey means is that it is not the literature preferred by the academic-literary elite.[130] In 2008, King's book On Writing was ranked 21st on Entertainment Weekly's list of "The Classics: The 100 Best Reads from 1983 to 2008".[131] |
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