Will Paul Tudor Jones be the next Madoff?

Quote from crgarcia:

He suspended withdrawals from his fund, no reasons explained?
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You don't know what you are talking about.

He suspended withdrawals from his flagship Tudor BVI Fund ( -5% on the year as of November ) so that he could split the toxic assets out of his $10 billion flagship hedge fund from everything else.

He needs to do this because investors were trying to redeem 14% of the Tuydor BVI Fund at the end of the year. He is not able to do so without leaving the remaining investors in the fund holding too large of a proportion of illiquid assets, particularly corporate credit in emerging markets.
 
I figure anyone thats really great is smart enough to be retired and I would not know them.

Everyone else is a working stiff.
 
Quote from ravenglass:

no he is a smart guy and a great trader
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When you can freely mark-to-profit (and most hedge funds can), everyone is a great trader.
 
Ya never know. Two hedgies that proudly displayed PTJ as their "mentor" have recently blown up or shut down.

Maybe he is just not a great teacher?

Or they are just sh*tty students... :p
 
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