The Geniousness of Paul Tudor Jones

For anyone who has seen his documentary the man is clearly a king for his time. Markets have changed a lot since the 80's but for anyone whose more or less seen his thought process for his short term trades - can you still trade like that?

The intent of this thread essentially is to discuss short term trading on a discretionary (gut) basis vs a systematic manner where one backtests everything

 

Please fix the spelling in the title to avoid the irony.

Tudor built Ranger in the mid-90s and hires >100 PMs that are involved in algo/system trading. IIRC it's approx. 50/50 between quant and discretionary trading.

 

we have a schoolmarm in our midst.

 

You forgot to capitalize 'we'.

https://en.wikipedia.org/wiki/Capitalization_in_English

 

i frequently omit caps, as the vermin i'm addressing don't warrant the extra shift.



oh, yea, we have two schoolmarms.

 

Just because he talks like its gut feel feel, doesn't mean that it is.

 

ooh, Mr. Fancy pants. "vermin"

out here in the sticks where I live, we just call them "varmints."

 

and before social security, we called them "dinner"

 

in Mali, about once a month, the rat man comes by, and he has a full tree of cooked rats

and they are not cheap

about 2 bucks

but you will buy one

partly out of boredom

and partly because it has been a month since you have had any meat

 

I've always admired Mr. Jones.

However, it must be acknowledged that he was a given a fairly generous headstart.

Of course, he seems to have had the chutzpah to make the most of it.