Paul Tudor Jones Mortgages Palm Beach Home For $53 million

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marketsurfer

Two months after spending $71.2 million on a landmark oceanfront estate in Palm Beach, billionaire hedge funder Paul Tudor Jones II signed a $53.4 million mortgage for his new property, The Real Deal has learned. The home was the last remaining piece of Casa Apava, a historic 11-acre site that was purchased by developer Dwight Schar in 2004 and sold off in chunks last year........

Read the rest of this breaking news story here...

http://pbhfa.org/paul-tudor-jones-mortgages-palm-beach-home-for-53-million/
 
I said it many times...PTJ is as hypocritical as it gets. Lecturing about the ills of capitalism while taking full advantage of the wealth inequality monetary easing caused around the globe.

clacy said:
Good, now he can get back to lecturing us about capitalism.
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volpunter said:
I said it many times...PTJ is as hypocritical as it gets. Lecturing about the ills of capitalism while taking full advantage of the wealth inequality monetary easing caused around the globe.
More...

You are the ideal example of societies #1 problem that no one talks about. It's called the blame game. surf
 
How so? Whom did I blame? I blamed nobody. I stated that it is hypocritical for one of the richest hedge fund managers who has amassed his wealth off the back of his skills BUT ALSO off the back of a badly skewed societal opportunity distribution, which hugely favors the top 1-2%, to stand there and make big speeches about cures of capitalist deformations.

It is like abusing each and every last loophole and play the lobbying game and after sucking dry the last hole you walk out and complain about the loopholes. Hypocritical, not more not less.



marketsurfer said:
You are the ideal example of societies #1 problem that no one talks about. It's called the blame game. surf
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volpunter said:
I said it many times...PTJ is as hypocritical as it gets. Lecturing about the ills of capitalism while taking full advantage of the wealth inequality monetary easing caused around the globe.
More...
No. PTJ is about as good as you can get. He began giving back very early in his career and continues to do so admirably. Fortune magazine calls his one of the most innovative and influential philanthropic organizations of our time. It was covered on 60 Minutes.

There are many people in the business community who may deserve your ire. PTJ is not one of them. He has already said the game should be changed. But until that is so, the game must be played as it. Please refer to my post on another good guy:

http://www.elitetrader.com/et/index...ams-warren-buffett.291371/page-3#post-4121809
 
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