PTJ Video

Discussion in 'Trading' started by redbull13, Dec 5, 2006.



  1. this tape was made in 1988. DVD did not even exist!

    LOL !

    surf
     
    #11     Dec 5, 2006
  2. What possible bearing does this have on anything?

    After consulting with my people on this matter, surf, my chief analyst has arrived at the following conclusion in connection with your last remark:

    http://www.barbneal.com/wav/ltunes/Bugs/Bugs34.wav

    As I understand it, a full, written report is to follow.
     
    #12     Dec 5, 2006
  3. Make it available electronically and you will have a lot of buyers.
     
    #13     Dec 5, 2006
  4. Probably not for long. I'm guessing that the copies that are being sold are bootleg copies. The vendors have no right to sell them. While there may or may not be a sliver of plausible deniability on surf's part, as he bootlegs copy after copy of the PTJ tape, which he is probably copying over extra tapes of his wedding video, there will be no plausible out with an electronic offering for sale absent legal consent from the copyright owners.

    I think late apex is offering it for "free" because he understands the risks associated with trying to sell it. Whereas marketsurfer has already declared in these forums that he believes notable financial performance can only be achieved with outsized risk.
     
    #14     Dec 5, 2006
  5. Not the homemade copies you're selling, surf.
     
    #15     Dec 5, 2006
  6. Perhaps someone could just transcribe the thing into text and then no one would care about it anymore. It's only valuable because it's rare.
     
    #16     Dec 5, 2006
  7. somebody should put it on youtube. but then surfer would have to pay the bills with revenue from his merchandise sales which I'm sure is booming. :)
     
    #17     Dec 5, 2006
  8. #18     Dec 5, 2006
  9. Bsulli

    Bsulli

    He meant to say LaserDisc. :D
     
    #19     Dec 6, 2006
  10. Tudor Jones blocks redemptions:

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aBuuDHzkmrSI&refer=home

    Tudor’s BVI Suspends Withdrawals, Plans Split Into Two Funds
    Email | Print | A A A

    By Katherine Burton and Saijel Kishan

    Dec. 1 (Bloomberg) -- Tudor Investment Corp., the firm run by Paul Tudor Jones, temporarily suspended redemptions from the $10 billion BVI Global Fund Ltd. as it splits the hedge fund into two, according to a person familiar with the matter.

    Tudor is planning to put hard-to-sell investments, mostly corporate bonds and loans from emerging markets, into a new fund called Legacy, said the person, who asked not to be identified because the information is private. BVI Global, which started in 1986, would focus on easier-to-trade stocks, bonds, commodities and currencies.

    More than 80 firms have liquidated funds, restricted redemptions or segregated assets following stock-market declines and a credit freeze that started with rising defaults on U.S. subprime mortgages. Emerging-markets securities have fallen as commodity prices plunged and investors shunned riskier assets on concern the global economy is entering a recession. The MSCI Emerging Markets Index has dropped 58 percent this year.

    “Creating a separate fund will give the original fund the opportunity to generate better returns minus the toxic assets that have acted like a sea anchor,” said James Chirnside, chief investment officer at Sydney-based Asia Pacific Asset Management Pty Ltd., which invests in hedge funds.

    Steve Bruce, a Tudor spokesman, declined to comment.

    Investors have asked to pull 14 percent of their money from BVI Global as it lost 5 percent this year through November, said the person. That compared with a 2.25 percent gain through Nov. 24 by an index of similarly managed funds compiled by Hedge Fund Research Inc.

    Investors to Vote

    Tudor, which oversees $17 billion, is asking BVI Global investors to approve the plan to split the fund in the next two months. Clients would have their money allocated between BVI Global and Legacy based on the division of assets, said the person. Tudor wouldn’t be able to charge investors a performance fee until the Legacy assets regained their high watermark, or peak value. The firm would sell off the assets in Legacy next year and return money to clients.

    Jones, 54, told clients in August that Jim Pallotta, head of equities, is leaving to start his own firm. Pallotta will keep the Raptor Global Fund that he runs out of Boston from January. The fund lost 16.5 percent this year through Nov. 19, according to investors.

    22% Annual Gains

    BVI Global, which has posted average annual returns of as much as 22 percent since inception, will focus on macro investing, a strategy that seeks to profit from broad economic trends by trading stocks, bonds and other securities, the person said. As of Oct. 31, the fund had 62 percent of assets in macro investments, while 30 percent was in equity strategies and 8 percent was in credit, event-driven and fixed-income arbitrage trades, according to an October client letter.

    The firm’s Tensor Fund Ltd., which manages about $1 billion, returned about 34 percent this year through Nov. 19, while Tudor Futures, managed by Jones, gained 21 percent, the person said.

    The hedge fund industry may shrink as much as 45 percent by the end of this month to $1.1 trillion from its peak of $1.9 trillion in June because of investor redemptions and market losses, Morgan Stanley analyst Huw van Steenis said in a Nov. 24 report.

    Hedge funds have posted losses averaging 22 percent this year through Nov. 24, according to Chicago-based Hedge Fund Research’s HFRX Global Hedge Fund Index. Investors such as pension funds and university endowments are pulling their holdings from hedge funds after they “over-committed” to private equity investments, van Steenis said.

    Hedge funds are private, largely unregulated pools of money whose managers can buy or sell any assets and participate substantially in profits from investments.
     
    #20     Dec 1, 2008