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Billionaire hedge fund manager Paul Tudor Jones II, Tudor Group’s Founder and Chief Investment Officer, is one of the pioneers of the modern-day hedge fund industry.  He is known for his macro trades, particularly his bets on interest rates and currencies.

In 1980, he founded Tudor Investment Corporation, which now manages $13 billion in assets.

Between 1989 to 2014, he generated compounded annual returns of nearly 20% without a single down year.

Tudor considers himself one of the most conservative investors in the world.  He would describe himself as the “single most conservative investor on earth”, and he “absolutely hates losing money.” Once he commented that his grandfather told him at a very early age that “you are only worth what you can write a check for tomorrow.”

Thus, his investment philosophy is that he does not take a lot of risks, instead, he looks “for opportunities with tremendously skewed reward-risk opportunities.” Others describe his strategy as: ‘Don’t be a hero. Don’t have an ego. Always question yourself and your ability. Don’t ever feel that you are very good. The second you do, you are dead”

Source:  https://www.tudor.com/

 

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