You learn more from your losses than from your gains. Paul Tudor Jones View this quote
I always believe that prices move first and fundamentals come second. Paul Tudor Jones
Paul Tudor Jones
I am more scared now that I was at any point since I began trading, because I recognize how ephemeral success can be in this business. I know that to be successful, I have to be frightened. My biggest hits have always come after I have had a great period and I started to think that I knew something. Paul Tudor Jones
I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms. Paul Tudor Jones
I spend my day trying to make myself as happy and relaxed as I can be. If I have positions going against me, I get right out; if they are going for me, I keep them. Paul Tudor Jones
I’m always thinking about losing money as opposed to making money. Don’t focus on making money, focus on protecting what you have. Paul Tudor Jones
If trading is like chess, then macro is like three-dimensional chess. Paul Tudor Jones
It is not that we had any unfair knowledge that other people didn’t have, it is just that we did our homework. People just don’t want to believe that anyone can break away from the crowd and rise above mediocrity. Paul Tudor Jones
Macro-trading requires a high degree of skill, focus and repetition. Life events, such as birth, divorce, death of a loved one and other emotional highs and lows are obstacles to success in this specific field of finance. Paul Tudor Jones
Much of my adult life has been spent fighting for equal opportunity, and the idea that I would support limiting opportunity for any segment of society, particularly women, is antithetical to who I am and what I have done. Paul Tudor Jones
The whole world is simply nothing more than a flow chart for capital. Paul Tudor Jones
American hedge fund manager and investor
September 28th, 1954