László Szombatfalvy

László Szombatfalvy (9 October 1927 – 10 August 2022) was a businessman and author living in Stockholm, Sweden. Szombatfalvy fled to Sweden in 1956 following the Hungarian uprising of that year. He arrived with empty-handed and initially worked a variety of jobs, including as a magician in the refugee camps, before gradually becoming interested in the stock market. His interest in stocks led to his development of a method of risk calculation for investments for which he became well known on the Swedish stock market. In the late 1980s his interests turned toward entirely different matters and he withdrew from the market. Over the last years of his life he focused his attention on the application of his risk assessment method to new fields.