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Old 05-21-2010, 03:50 PM   Nav to Top  #1
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Default Trader: The Documentary Insight into the Life & Investment Strategy of Paul Tudor Jon

Hey Everyone,

Please find below one of the most insightful/interesting documentaries into the life and investment strategy of fund manager/trader Paul Tudor Jones. He isa must know for anyone interested in the capital markets. Below is his bio:

Paul Tudor Jones II is the founder of Tudor Investment Corporation, a multi-billion dollar hedge fund. He is worth an estimated $6.3 billion in 2009 and was ranked by Forbes in March 2007 as the 369th richest person in the world. In 1976 he started working on the trading floors as a clerk and then became a broker for E.F. Hutton. In 1980 he went strictly on his own for two and a half profitable years, before he "really got bored." He then applied to the Harvard Business School, he was accepted, and packed to go when the idea occurred to him that: "this is crazy, because for what I'm doing here, they're not going to teach me anything. To be a trader, this skill set is not something that they teach in business school."

He consulted his cousin, William Dunavant Jr., for advice. Dunavant, whose Dunavant Enterprises is one of the world's largest cotton merchants, sent Jones down to New Orleans to talk with commodity broker Eli Tullis, who hired and then mentored him in trading cotton futures at the New York Cotton Exchange. During his time working for Eli, Jones was quoted saying:

"He was the toughest son of a bitch I ever knew. He taught me that trading is very competitive and you have to be able to handle getting your butt kicked. No matter how you cut it, there are enormous emotional ups and downs involved."

In 1980, Paul Tudor Jones founded Tudor Investment Corporation which is today a leading asset management firm headquartered in Greenwich, Connecticut. The Tudor Group, which consists of Tudor Investment Corporation and its affiliates, is involved in active trading, investing and research in the global equity, venture capital, debt, currency, and commodities markets. They manage around roughly $18 billion dollars in capital.

One of Jones' earliest and major successes was predicting Black Monday in 1987, tripling his money during the event due to large short positions.

Jones uses a global macro strategy when trading in some of his funds. If you want to see this strategy it can be seen in the 1987 film “TRADER: The Documentary". The film shows Mr. Jones as a young man predicting the 1987 crash using methods similar to market forecaster Robert Pretcher. This video is absolutely thrilling because of the amount of detail it gives into how he trades and manages risk.

The video used to sell for hundreds of dollars as competitors/enthusiast viewed it as the Holy Grail into Jones trading strategy. It has been banned from circulation; only original copies exist. It was original shown on public television in November 1987, however very few copies exist. Those that do are hoarded by traders who watch the hour-long movie in the hope of gleaning possible trading tips from Jones. According to Michael Glyn, the video’s director, Jones requested in the 1990s that the documentary be removed from circulation.

Luckily to all of you I am privileged enough to have found an originally version that surfaced on a sketch Japanese/Chinese website. To re-emphasize:everyone must sit down and watch this video ASAP. If you have any aspirations of successful trading one day then you must watch this video. If you have work in the morning- you shouldn't go until you've watched this; it's your mom's birthday tonight? - Not until you've watched this video; you’re tired and need sleep? - You don't sleep until you've watched this. I hope I emphasized the importance and the value this video has. Don’t take for granted how much longer it will be live. To watch the video see link below:

Go to Trader: The Documentary Insight into the Life & Investment Strategy of Paul Tudor Jones : Stocks on Wall Street to find the link
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Old 05-25-2010, 02:09 AM   Nav to Top  #2
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Who here has seen this documentary???
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