Invest Like the Best
Paul Tudor Jones - Lessons From 50 Years in Markets - [Invest Like the Best, EP.470]
April 28, 20261h 6m · 11,353 words
Show notes
My guest today is Paul Tudor Jones. Paul is the founder of Tudor Investment Corporation and one of the greatest macro traders of all time, known for calling and profiting from the 1987 crash and compounding capital at extraordinary rates over more than four decades. Paul is also one of the most entertaining and interesting people I have ever met.
Highlighted moments
Most of the leverage, most of the time, if I think of the big ones, were derivative-inspired, either futures or options. 1987, that crash was 100% portfolio insurance, 100%.
“we're 252% of stock market cap of GDP. So 1929, we were, I think at the top, we were 65%. And then in 87, we got to about 85 or 90%. In 2000, we got to 170%.”
Transcript
Transcript not available for this episode yet.
More from Invest Like the Best
Gavin Baker - Watts and Wafers - [Invest Like the Best, EP.473]
May 20, 20261h 16m
Krishna Rao - Anthropic's CFO on Compute, Scaling to $30B ARR, and the Returns to Frontier Intelligence - [Invest Like the Best, EP.472]
May 13, 20261h 16m
Brian Chesky - AI Founder Mode - [Invest Like the Best, EP.471]
May 5, 20261h 15m
Dylan Patel - The Infinite Demand for Tokens, Claude Mythos, and Supply Constraints - [Invest Like the Best, EP.469]
Apr 23, 202645 min
Alex Karnal - The Trillion-Dollar Health Revolution - [Invest Like the Best, EP.468]
Apr 21, 20261h 32m