Paul Tudor Jones

The Next Market Crash Will Not Be Televised

"In the end, just like 1987, 1998, and 2008, the taxpayer will end up holding the bag. They will never see the crash coming... and modern television will cover it much like they did in 2007 and 2008: After the financial nuclear bomb has already gone off."

The Lost Goldman Sachs 1985 Fixed Income Recruiting Video

“The pace is fast, and the atmosphere is intense,” Goldman’s former self warns: “Emotions change from minute to minute.” Prerequisites for getting a job there included, “intelligence, independence, a strong desire to succeed, creativity and the ability the quickly translate ideas into action…”

Happy Fathers Day! We've Got Some Wood To Chuck

"...Never has the wealth gap in America been so wide. This creates the initial conditions for a very uncertain and potentially unstable and explosive political and economic future..."

Investing Wisdoms... Spot What's Missing

"Experience is an expensive commodity to acquire, which is why it is always cheaper to learn from the mistakes of others... not one of the investing greats in history ever had "buy and hold" as a rule."

The Witching Hour For US Stocks

When you layer on the current low volatility environment a scenario pops up: one with an equity market that very quietly returns 5-8% with very little price fluctuations.  Yes, in the past that scenario would pull investors into the fray and make for an artificially overvalued market, and then a fall. But the current crop of investors has been around for 3 notable bubble bursts: dot com, housing, and Financial Crisis. Will they get sucked in again?