Thursday, July 1, 2010

Trader: The Documentary



Like John Paulson, Paul Tudor Jones has been also amassing long precious-metals positions this last months for Tudor Investment Corporation, his multi-billion dollar hedge fund.

But one of Jones' earliest and major successes was predicting Black Monday in 1987, tripling his money during the event due to large short positions using methods similar to market forecaster Robert Prechter: the Elliott wave theory.

The 1987 PBS Film on Paul Tudor Jones entitled 'Trader: The Documentary', this video has been extremely hard to find and those possessing a precious copy guard it with their life and/or sell it on eBay for hundreds if not thousands of dollars.

This hedge fund manager is notorious for predicting and profiting from the stock market crash in 1987. The video takes you inside Tudor Investment Corp back when they were only 22 employees large and managing around $130 million. Today, obviously, they are much, much bigger.

Here's the description of the film written on the back of the VHS tape box:

“Is financial trading an art, science, profession or out-and-out gamble? If you're interested in money and you want to know what it's really like on Wall Street, this is the video you, your family, your colleagues and your friends should own. Filmed before Wall Street's October 1987 crash, TRADER is a riviting one hour documentary of a fascinating man, Paul Tudor Jones II. It delivers a rarely seen view of futures trading and explains the workings of this frantic, highly charged marketplace. It gives viewers an inside look at his estate in Virginia, skiing in Gstaad, his New York apartment. It also examines Jones' prediction that America is nearing the end of a 200-year bull market. If he's right – and he almost always is – this country and the world are about to experience economic changes of unprecedented proportions.”

Paul Tudor Jones' Hedge Fund Tudor Investment Corp: 13F Filing Q1 2009:
Top 10 Holdings (by % of portfolio)

1. Select Sector Financials (XLF) Calls: 13.63% of portfolio
2. Select Sector Financials (XLF): 11.25% of portfolio
3. Semiconductor Holdrs (SMH): 10.3% of portfolio
4. Progenics Pharmaceuticals (PGNX): 5% of portfolio
5. Select Sector Healthcare (XLV): 4.6% of portfolio
6. iShares China (FXI): 3.2% of portfolio
7. Taleo Corp (TLEO): 2.76% of portfolio
8. Select Sector Energy (XLE): 2.1% of portfolio
9. Switch & Data (SDXC): 1.4% of portfolio
10. Select Sector Consumer Discretionary (XLY): 0.87% of portfolio

No comments:

Post a Comment