One of the traders and books that has had a profound effect on me has been George Soros and his book The Alchemy of Finance. When I read that I was blown away for several reasons: 1. Firstly, the book was hard to read. The first half of the book talks about his various market …
In my previous article, I talked about how John Paulson was sitting on a $500 million paper loss when his large stake in Sino Forest Corporation depreciated in value following allegations of questionable accounting. Now, Paulson has disclosed to his investors that he has completely sold out of his stake in the company. Paulson May …
Why do hedge funds have research staff? Why do they hire all these analysts and traders? Why hire all these people? After all, if you are a trading using some technical analysis methods, or chart and price pattern methods, then you just look at those patterns. But why should hedge funds hire all that research …
Continuing on the Paul Tudor Jones bonanza. A great Paul Tudor Jones interview was conducted in 2000. It is available at: Paul Tudor Jones II Interview Here are the important lessons that you need to know: Paul says that he is “the single most conservative investor on earth in the sense that I absolutely hate …
Ray Dalio, the billionaire founder of the hedge fund Bridgewater Associates talks about the markets, failures, michael jordan, moving averages, trend following,etc. The highlights and important points in the video: He loves mistakes. Same thing in trading. You take some small losses and you learn from them. You don’t time the trade the right way, …
Now that I am sure you have fully watched the Paul Tudor Jones Documentary, we can get into what are the important lessons and nuggets of value from the video. Information and watching cool videos is great, but actually knowing what information is important and understanding it is even more beneficial. Let us go into …
Back in 1987 PBS filmed the hedge fund manager, Paul Tudor Jones, as he predicted the 1987 stock market crash. Paul was young at the time as he was only 33 years old. The name is “Trader: The Documentary.” The filming took place during late 1986 and the early part of 1987. The video is …
It’s always a good idea to see what kind of money the top hedge fund managers are earning. It helps to think big. But dig a little deeper and see what type of strategy the top 10 earning hedge fund managers for 2010 are using. It can help give you a little bit of clarity …
John Paulson, currently the richest hedge fund manager has a paper loss of $500 million on his investment in Sino Forest Corporation, ticker symbol TRE.TO According to securities filings as of the end of april, Paulson owned around 35 million shares of Sino Forest, a Chinese forestry plantation company listed on the Toronto Stock Exchange. …
It can be very valuable to look at how hedge funds behave. You can see their successes and failures. You can see very rich people making dumb decisions, or poorly timed decisions to enter the market. When you start to see very rich people losing a lot of money, or are undergoing large paper losses, …