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Lessons from the Legends – Paul Tudor Jones
By Stocks Trading Singapore  •  October 12, 2014

Paul Tudor Jones was an incredible success story. After a successful career in the New York cotton pits, he retired to form a money-management firm,Tudor Investment Corporation, a private asset management company and hedge fund. As of March 2014, he was estimated to have a net worth of USD 4.3 billion by Forbes Magazine and ranked as the 108th richest American and 345th richest in the world. With this financial success he founded the Robin Hood Foundation.

At the end of 1988, each original $1,000 investment under his management had risen to $17,000. Funds under his management grew so large that he has made a habit of returning profits to clients. This reduces his management fees but enables him to do a better job of managing money. It is to his credit when so many in the fund management business try to grab money for management at virtually any cost. This impartiality and detachment from money is part ...

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By Stocks Trading Singapore
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