How did trading legends fare in recent years?

How is the profits in the wall street casino embezzlement operation going?

Guys like Tudor,Kovner,Sorso,Henery, Buffet don't mean shit to me. they are just old fashion hustlers in wall street as far as I'm concern.

David Sokol 3 million PROFIT in three months is the trade of the year.

David Sokol ----trader of the year award.

David was sick of sucking Buffets ass so he did this to screw Buffet. and went out in bang.

You sound like suck-up.

Quote from benwm:

I am thinking of that select few such as Paul Tudor Jones, Bruce Kovner, George Soros, John Henry,...i.e. the BILLIONAIRE traders, not just the millionaire wannabees :D

Multi millionaire trader sponging off an investment bank's customer flow also doesn't count in my book...

Once you become a trading great, do you ever lose it?

Did the so called Black Swan event of 2008-09 cause these guys to lose a truckload, or did they simply show how skilled they are by enhancing their wealth?
 
Quote from Locutus:

Obviously he made a good deal but one call does not make one a legend imo.

Look, you are an idiot, who knows shit, and just argue. Here you go, for your education:

"Hedge-fund manager John Paulson personally netted more than $5 billion in profits in 2010—likely the largest one-year haul in investing history, trumping the nearly $4 billion he made with his "short" bets against subprime mortgages in 2007."

Quote from Locutus:

I'm not arguing that he is a very astute trader.

Actually that is exactly what you were arguing. And anyway, in this business you only need 1 good bet, if you can bet SIZE. He did it TWICE....
 
"Tudor retired long time ago as far as I know"

Tudor Investments is still a powerhouse in the hedge fund world. Not sure how many 00's of billions it has under management but its not small change.

I dont expect PTJ still sits at his screen scalping S&P's but i'm sure he stamps his mark on positions/strategy (i wouldnt want my name being used otherwise).

Still one of the top performing funds consistently year in year out.

He was also the 40th highest paid fund manager in 2010 according to Forbes. Although imagine most of this was from fees

http://www.insidermonkey.com/blog/tag/paul-tudor-jones/

Here are some performance figures

http://www.marketfolly.com/2011/01/2010-hedge-fund-returns-performance.html
 
Actually, Paulson did it more than twice. From the link posted above here are the numbers for the 2008 and 2009:

In 2008 his funds were on the top of the listed 20 HFs in the marketfolly link:

"Paulson & Co (John Paulson): Their Credit Opportunities I & II funds were up about 15% for the year as of the middle of December. Paulson's Advantage fund was up 2.2% for December and up 24.1% for 2008. His Advantage Plus fund finished +37.58% for the year. "

So in a year when the market was down -38%, (and HFs -18%) his funds did very well...way outperforming the market and the rest...

In 2009:

John Paulson's firm Paulson & Co
Advantage Fund: +13.75%
Advantage Plus Fund: +21%
Credit Opportunities Fund: +34%
Recovery Fund: +24.2%
 
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