Hard to justify charging hefty management fees and huge performance fees with this type of returns. https://www.elitetrader.com/et/forums/wall-st-news.44/create-thread "Jones’ main BVI Global Fund is down 1.9 percent this year through July 21, according to a client document." "from 2008 through last year, the annual average return has slid to about 4.7 percent." "The firm had once charged management fees as high as 4 percent for some clients, and a performance fee of as much as 27 percent for others."
here is a similar example:https://www.bloomberg.com/news/arti...from-hot-to-not-as-most-client-money-vanishes
FWIW, the latest figures suggest that the Tudor BVI Global is now up small YTD (figures as of 15 Sep 2017).
I think PTJ called the top in quant-mania with his launch into the arena this year... Still love the guy though, he's got class and his push for a just capitalism is right on.
And now this: Paul Tudor Jones Told Weinstein That Sex Allegations Would Blow Over https://www.bloomberg.com/news/arti...old-weinstein-sex-allegations-would-blow-over Blow over, interesting choice of words!
Nah, guilt is guilt. They just used to get away with tons of shit before. first was Juliani time now it's Bitcoin time , where up is down, invented 101010100101010101010110 is better than gold, and sex changes are considered billable to Medicaid