Paul Tudor Jones - Lessons From 50 Years in Markets - [Invest Like the Best, EP.469] Listen Notes
Hoofdstukken
-
0:00
I know firsthand how complex the tech stack is for asset managers, and seemingly every new tool and data source makes the problem even worse, adding more complexity, more headcount, and more risk. Ridgeline offers a better way forward, one …
-
2:00Hoofdstuk 2: Patrick O'Shaughnessy is the CEO of Positive Sum. 85s · Speaker 3
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own opinions and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should …
-
3:25Hoofdstuk 3: I promise I'll do that. 300s · Speaker 2
I promise I'll do that. And we'll talk about markets and AI and everything. And at the end, I'll say, were you not entertained? And I bet you'll say yes. But of all the things that you do in your podcast, the one that I think is the most im…
-
8:26Hoofdstuk 4: And that began this journey. 92s · Speaker 1
And that began this journey. I put my heart and soul into it. I'd go over there every Tuesday, went to the commencement address of this elementary school, did the same thing that he did, told them that they graduated from high school, put t…
-
10:00
making sure we had goals and standards and a variety of things. It also led me ultimately to start one of the first charter schools in the late 90s in Bed -Stuy, right next to that spot, actually. I started charter school called the Bed -St…
-
15:00Hoofdstuk 6: And seemingly every new tool and data source makes the problem even worse, adding more complexity, more headcount, and more risk. 299s · Speaker 2
And seemingly every new tool and data source makes the problem even worse, adding more complexity, more headcount, and more risk. Ridgeline offers a better way forward, one unified platform that automates away that complexity across portfol…
-
20:00Hoofdstuk 7: And that would be my big lesson to them. 300s · Speaker 1
And that would be my big lesson to them. I'd always have two or three bullet points. My number one bullet point is you're going to make your money by riding a trend for the very, very longest time. I said, there are many different ways to a…
-
25:00Hoofdstuk 8: In a situation where the tail event could be hundreds of millions, if not billions, of lives. 117s · Speaker 1
In a situation where the tail event could be hundreds of millions, if not billions, of lives. What's so scary when I was at this conference, which is only about 35 or 40 people, with one modeler from the four biggest model companies, when I…
-
26:57Hoofdstuk 9: So your point about great investors and traders are great risk managers? 95s · Speaker 2
So your point about great investors and traders are great risk managers? In the face of AI, how do you think about this exogenous variable lurking? The one thing that I think should be part of this next election, the simplest, most importan…
-
28:33
again, that group, without having any feedback from the rest of America, thinks that a blended human with a machine is perfectly acceptable, is the future, should have inalienable rights. For me, I don't think that's the case. I'd vote no. …
-
33:34Hoofdstuk 11: Reagan or a Margaret Thatcher or Donald Trump when he got elected the second time. 155s · Speaker 1
Reagan or a Margaret Thatcher or Donald Trump when he got elected the second time. And if you look at what those local currencies did, they all appreciated pretty quickly 10 % off the bat. I want to say Japan has $4 .5 trillion, a $4 .5 tri…
-
36:10
If you think about the big ones that you've lived through, 87, the global financial crisis, COVID, et cetera, various bubbles, asset bubbles through history, maybe say a little bit about those general experiences. You're very famous for wha…
-
41:10Hoofdstuk 13: than we were in 2008. 63s · Speaker 1
than we were in 2008. So you have to be cognizant of that fact when you think about how you have your money deployed. I had a friend ask me, he was a wealth manager, and he hates hedge fund because of the fees. He just says, we just need to…
-
42:13
If I came and shadowed you on a given day today, how does it go? What are you doing? What does a day look like today? I know you have a system that you can be heard by all times by your execution traders. I know it's intense, but walk us th…
-
47:14Hoofdstuk 15: and we had the debate, are great traders born or made? 160s · Speaker 1
and we had the debate, are great traders born or made? I'd say it was unanimous agreement at the table that 70 % of it is nature. And when I say born with it, by the time I was 21, I loved games. I loved chess, backgammon, Parcheesi, Monopo…
-
49:54Hoofdstuk 16: Your finance team isn't losing money on big mistakes. 302s · Speaker 2
Your finance team isn't losing money on big mistakes. It's leaking through a thousand tiny decisions nobody's watching. Ramp puts guardrails on spending before it happens. Real -time limits, automatic rules, zero firefighting. Try it at ram…
-
54:57Hoofdstuk 17: as I think through. 301s · Speaker 2
as I think through. how athletes find significance in the sports they do, how I play bridge with my friends and find so much significance in competing with them. I think maybe humans are adaptable enough that we'll find a different way to f…
-
1:00:00Hoofdstuk 18: get joy out of thinking about my funeral because I'm so excited about the songs that I've chosen that'll be sung. 83s · Speaker 2
get joy out of thinking about my funeral because I'm so excited about the songs that I've chosen that'll be sung. I almost wish I was going to be alive for that because it's going to be such a great time. I know my family and friends will e…
-
1:01:23Hoofdstuk 19: Do you always believe in God? 303s · Speaker 1
Do you always believe in God? I have trouble at times. I mean, yes, I do. My faith is tested like I think anybody's faith is tested. I wish I could say with 100 % certainly I know I'm going to heaven. I certainly pray every night. The most …
-
1:06:26
You can also subscribe to Colossus, our quarterly print, digital and private audio publication featuring in -depth profiles of the founders, investors and companies that we admire most. Learn more at Colossus .com slash subscribe. You know …