Paul Tudor Jones is having a bad year

[a529612]

It's been a frustrating year for Paul Tudor Jones, who founded the Greenwich, Connecticut-based firm in 1980. His biggest fund, BVI, gained about 5.5 percent through November, about half the industry average. Jones considered reducing BVI's $10 billion in assets to help improve performance, according to an Oct. 25 client letter obtained by Bloomberg.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aOL4n4pNPIMM&refer=home

 

[le140]

Because he can't daytrade.

LOL

 

[nazzdack]

Is he averaging losers?

 

[Businessman]

Or playing macho man again with the market?

 

[Landis82]

You guys are idiots.

PTJ doesn't even manage money anymore. He manages money managers. For example, the BVI Fund has 55 portfolio managers.

 

[nazzdack]

55?.......the more the merrier!

 

[psytrade]

There was something I noticed between the 8/15 13F filing for Tudor and the November filing. The assets listed had fallen by $10 billion... could be a typo.

Any ideas?

 

[Bogan7]

Quote from Landis82:

You guys are idiots.

PTJ doesn't even manage money anymore. He manages money managers. For example, the BVI Fund has 55 portfolio managers.

Paul still trades

 

[atticus]

Quote from psytrade:

There was something I noticed between the 8/15 13F filing for Tudor and the November filing. The assets listed had fallen by $10 billion... could be a typo.

Any ideas?

Tudor BVI ~$10b
Raptor ~$8b