The Geniousness of Paul Tudor Jones

[marketsurfer]

Quote from Ash1972:

I'm very sorry Mr Surf, but the instance of blowing up clearly demonstrates that you don't know what you're doing. A <i>drawdown</i> is perfectly acceptable and a part of normal trading. Investors should button their lip and simply put up with these. However, when something happens that you never thought possible and this is accompanied by recriminations that "it was someone else's fault" etc. etc. then the trader is merely demonstrating his stupidity.

Seriously, what good is a fund that could have a de facto 100% drawdown? It is failure in its purest form.


Please have a think about that.

no offense taken--- no one wants to or expects to blow up-- but it does happen on occassion and it is usually a direct result of ego pushing the manager into dangerous territory in an attempt to keep the outperformance going--- unless you have felt this pressure, you do not know how you would react or do in an effort to save the ship. Sometimes, as VN proved in court, it truly is someone elses doing--- but I agree this would be very rare. regardless, i have the utmost respect for anyone who makes a living from the markets--- manager, trader, etc. best wishes to you!! surf

 

[marketsurfer]

Quote from zdreg:

you left out his buddy victor neiderhoffer, who has been bankrupted a few times.

This is sad--

Another know it all who posts prior to even reading what he is responding to-----, he clearly lists VN, and you are completely wrong, VN has never declared bankruptcy. Two falsehoods in the same sentence, unreal!! surf

 

[zdreg]

Quote from marketsurfer:

This is sad--

Another know it all who posts prior to even reading what he is responding to-----, he clearly lists VN, and you are completely wrong, VN has never declared bankruptcy. Two falsehoods in the same sentence, unreal!! surf

"another know it all"
your remark above shows you can't handle it the way your bud was exposed as a charlatan on ET.

 

[TraDaToR]

He has also diversified in physical trading apparently( castleton):

http://www.ft.com/intl/cms/s/0/43e63f08-c17a-11e2-b93b-00144feab7de.html#axzz2TkP4XEkD

 

[zdreg]

Quote from TraDaToR:

He has also diversified in physical trading apparently( castleton):

http://www.ft.com/intl/cms/s/0/43e63f08-c17a-11e2-b93b-00144feab7de.html#axzz2TkP4XEkD

+1
as governments over regulate public markets, big players gravitate toward private markets.

 

[actionzip54]

http://www.washingtonpost.com/local...0c6d4e-c3a6-11e2-9fe2-6ee52d0eb7c1_story.html

HE IS A WAYCIST!!!!

 

[pikachu9]

Quote from actionzip54:

http://www.washingtonpost.com/local...0c6d4e-c3a6-11e2-9fe2-6ee52d0eb7c1_story.html

HE IS A WAYCIST!!!!

How many women traders do you know?
What % of traders on ET are men vs. women?

 

[Swan Noir]

There are few women traders ... so what? The guy has an opinion as to why ... so what? Increasingly the Western world seems to think one man's opinion is a threat to our civilization. I am not of that opinion.