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HEDGE FUND LEGEND: If One Of My Managers Is Getting Divorced, I'll Pull My Money Out-Must Watch Video

The Washington Post has obtained footage of hedge funder Paul Tudor Jones from a panel discussion at the University of Virginia last month with fellow fund managers John Griffin and Julian Robertson

 During the panel discussion, PTJ made some comments that the biggest killers to trading success are divorce and women having babies.  

Here’s what he does when on of his manager’s is going through a divorce: 

“… Like, one of my No. 1 rules as an investor is as soon as my manager, if I find out that manager is going through divorce, redeem immediately.  Because the emotional distraction that comes from divorce is so overwhelming. The idea that you could think straight for 60 seconds and be able to make a rational decision is impossible, particularly when their kids are involved. You can automatically subtract 10 to 20% from any manager if he is going through divorce.” 

Watch the video below: Don’t Miss to WATCH 

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These are always great

Washington Post’s Mensa Invitational which once again asked readers to take any word from the dictionary, alter it by adding, subtracting, or changing one letter, and supply a new definition.
the winners were:

  • Cashtration (n.): The act of buying a house, which renders the subject financially impotent for an indefinite period of time.
  • Intaxication: Euphoria at getting a tax refund, which lasts until you realize it was your money to start with.
  • Reintarnation: Coming back to life as a hillbilly.
  • Bozone (n.): The substance surrounding stupid people that stops bright ideas from penetrating. The bozone layer, unfortunately, shows little sign of breaking down in the near future.
  • Giraffiti: Vandalism spray-painted very, very high.
  • Sarchasm: The gulf between the author of sarcastic wit and the person who doesn’t get it.
  • Inoculatte: To take coffee intravenously when you are running late.
  • Hipatitis: Terminal coolness.
  • Osteopornosis: A degenerate disease. (This one got extra credit.)
  • Karmageddon: It’s when everybody is sending off all these really bad vibes, and then the Earth 
    explodes and it’s a serious bummer.
  • Decafalon (n.): The grueling event of getting through the day consuming only things that are good for you.
  • Glibido: All talk and no action.
  • Dopeler effect: The tendency of stupid ideas to seem smarter when they come at you rapidly.
  • Arachnoleptic fit (n.): The frantic dance performed just after you’ve accidentally walked through a spider web.
  • Beelzebug (n.): Satan in the form of a mosquito, that gets into your bedroom at three in the morning and cannot be cast out.
  • Caterpallor (n.): The color you turn after finding half a worm in the fruit you’re eating
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