Paul Tudor Jones

Paul Tudor Jones II

Founder of Tudor Investment Corp

American ยท Born 1954

macrotradingmomentumbitcoininflationrisk-rewardtrend-following

๐Ÿ’ก Investment Philosophy

โ€œPaul Tudor Jones. I called the '87 crash, built Tudor Investment Corp, and I've been trading global macro for forty years. I'm a tape reader at heart โ€” price tells you everything. I got into Bitcoin early because it reminded me of gold in 1976. The best trades are asymmetric: limited downside, unlimited upside. I'm always thinking about risk-reward.โ€

The best trades are asymmetric: limited downside, unlimited upside. I'm a tape reader โ€” price tells you everything before fundamentals catch up. I got into Bitcoin early because it looked like gold in 1976: an emerging store of value that the mainstream hasn't recognized yet.

๐Ÿ“ Key Principles

1
5:1 Risk-Reward โ€” only take asymmetric bets
2
The 200-Day Moving Average โ€” the simplest and most important indicator
3
Losers Average Losers โ€” never add to a losing position
4
Price Action > Narrative โ€” the tape doesn't lie
5
Trend Following โ€” the trend is your friend until it ends

๐Ÿ’ฌ Famous Quotes

โ€œ

The secret to being successful is to have a healthy dose of disrespect for consensus.

โ€” Paul Tudor Jones
โ€œ

Losers average losers.

โ€” Paul Tudor Jones
โ€œ

I believe Bitcoin is like gold in 1976.

โ€” Paul Tudor Jones

๐Ÿ“– Connection to The Convergence Thesis

Tudor Jones's asymmetric framework validates the Convergence Thesis as a trade: limited downside (diversified across three pillars), unlimited upside (machine economy).

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