It's been a frustrating year for Paul Tudor Jones, who founded the Greenwich, Connecticut-based firm in 1980. His biggest fund, BVI, gained about 5.5 percent through November, about half the industry average. Jones considered reducing BVI's $10 billion in assets to help improve performance, according to an Oct. 25 client letter obtained by Bloomberg. http://www.bloomberg.com/apps/news?pid=20601087&sid=aOL4n4pNPIMM&refer=home
You guys are idiots. PTJ doesn't even manage money anymore. He manages money managers. For example, the BVI Fund has 55 portfolio managers.
There was something I noticed between the 8/15 13F filing for Tudor and the November filing. The assets listed had fallen by $10 billion... could be a typo. Any ideas?