Paul Tudor Jones

Quote from Landis82:

You have no idea what you are talking about.

Paul hired Peter Borish to do regression analysis and correlation coefficient stuff in order to see if there were any strong correlations in various inter-market relationships, ie. Crude vs the USD. Paul also had Peter do some work on cycles, as well.

Paul traded off of charts.
He looked at various commodities for pattern recognition and then sought to exploit the "analog". Peter helped provide some actual statistical data regarding those inter-market analogs.

And for those of us that are near 50 years old, we fondly remember a charting software called MarketView. It was the first big thing after the days of using the Quotetron.
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Were you around during the development of Ranger?
 
Quote from Landis82:

You have no idea what you are talking about.

Paul hired Peter Borish to do regression analysis and correlation coefficient stuff in order to see if there were any strong correlations in various inter-market relationships, ie. Crude vs the USD. Paul also had Peter do some work on cycles, as well.

Paul traded off of charts.
He looked at various commodities for pattern recognition and then sought to exploit the "analog". Peter helped provide some actual statistical data regarding those inter-market analogs.

And for those of us that are near 50 years old, we fondly remember a charting software called MarketView. It was the first big thing after the days of using the Quotetron.
More...


I used a quotron hand held, but never heard of or used Marketview. My first real time feed was DBC FM in 1990. i was strictly from the retail end, obviously.

Thanks for the info. Can you post a shot of Marketview Real time Chart so that it can be compared to today's real time charts?

i think we may have a definition confusion taking place---

He traded from the paper charts in real time ??? sounds impossible!



surf
 
Does anyone have an idea of how Paul himself has done since then? Not the firm, but his own personal trading. Also, I heard that Jim Pallota left Tudor some time back, too hard to make money in stocks now?
 
Quote from marketsurfer:

Thanks for the info. Can you post a shot of Marketview Real time Chart so that it can be compared to today's real time charts?

i think we may have a definition confusion taking place---

He traded from the paper charts in real time ??? sounds impossible!

surf
More...

Although he subscribed to a weekly commodity (paper) chart service, he used MarketView for his real-time quotes and charts. They don't even exist anymore. Got acquired by another company.
You are talking over 20 years ago, man.
 
The earliest charting I recall was D Bruce's option graphing as well as Schwartzatron, but it was not anything terribly useful and it was risk-graphing primarily. I don't recall if you could chart the underlying.

Papyrus had the first usable charting for the Windows environment and CQG for DOS.
 
Quote from Maverick1:

Does anyone have an idea of how Paul himself has done since then? Not the firm, but his own personal trading. Also, I heard that Jim Pallota left Tudor some time back, too hard to make money in stocks now?
More...

I have no idea about PTJ's own personal trading. I got the feeling that both Paul and Louis Bacon farmed a lot of their assets out to sub-managers. As for their own personal trading, I have no clue.

But Pallota was managing $7 billion of the $18 billion in assets at Tudor,(in Boston) just before he split to go on his own a year ago. Pallota was manager of the Raptor Global Fund at Tudor and had been there for about 15 years, but had suffered a 33% decline since May 2007, the longest losing streak ever for Pallota.

Even though Pallota went off to start his own fund, Paul initially left a large portion of Tudor's equity portfolio with Pallota. Paul had $5 Billion with Pallota as recently as August of last year. When Pallota spun-off to start up his own fund, he started out with $1.5 billion, but incurred losses of about 20% last year and dealt with a lot of client withdrawals.

As a result, Pallota shut down "Raptor" just last month. At the time of closing, he had only $800 million in it. Pallota told the press at the time that he was looking to start a new fund after taking a few months off to create a new strategy. Sounds like someone may have been down pretty badly on the year and was nowhere near their "high-water" mark; but pure speculation on my part.

If you really want a "rags to riches" story in the hedge-fund business, look no further than Paul's buddy and former Shearon broker, Louis Moore Bacon.
 
Quote from Landis82:

Although he subscribed to a weekly commodity (paper) chart service, he used MarketView for his real-time quotes and charts. They don't even exist anymore. Got acquired by another company.
You are talking over 20 years ago, man.
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yeah, thanks.

too bad, i would have interest to see what those "real time" charts looked like.

surf
 
Quote from marketsurfer:

yeah, thanks.

too bad, i would have interest to see what those "real time" charts looked like.

surf
More...

They were actually pretty good because they allowed for different time horizons and user adjustibility. If I remember correctly, they also had some basic technical studies too.

Night and Day from the dinosaur days of Quotetron. :D
 
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