Paul Tudor Jones is a billionaire hedge fund manager who accurately predicted the 1987 stock market crash and made a fortune on it. Paul Tudor Jones II is the founder of the Tudor Investment Corporation. How did he predict the 1987 market crash when no one else was suspecting a market crash coming? The infamous Trader Documentary made by PBS in 1987 tries to explain how he did it.
The film shows Jones as a young man predicting the 1987 crash, using methods similar to market forecaster Robert Prechter. Although the video was shown on public television in November 1987, few copies exist. On the Internet, bids for the video start at $295. According to Michael Glyn, the video’s director, Jones requested in the 1990s that the documentary be removed from circulation. The video has surfaced from time to time on different video sharing and torrent sites, but has often been taken down shortly thereafter due to copyright claims.
Paul Tudor Jones, the hedge fund billionaire, told an audience of University of Virginia students, alumni and others that it is difficult for mothers to be successful traders because connecting with a child is a focus “killer.” As long as women continue having children, he said, the industry is likely to be dominated by men.
Watch the video below in which Paul Tudor Jones talks on why we need to rethink capitalism!
This is the latest piece of advice from the billionaire. Billionaire hedge fund manager Paul Tudor Jones has some surprising advice for people who want to succeed in business: Take a journalism class.
https://www.youtube.com/watch?v=YXfUM6H_jeE