This is a rarely seen documentary on Paul Tudor Jones that was done by PBS in 1987. The video has appeared off and on in recent years, but as BI reports, “All the drama stems from the fact that PTJ does not like this movie. He asked PBS to stop airing after it premiered in 1987. He also, according to Wall Street lore, purchased almost all of the copies of the movie on VHS.”
Paul Tudor Jones II (born September 28, 1954), is the founder of Tudor Investment Corporation, which is the management company for his various private investment partnerships, also referred to as hedge funds. As of March 2011, he was estimated to have a net worth of USD 3.3 billion by Forbes Magazine and ranked as the 107th richest Americans and 336th richest in the world. In March 2012, Jones ranks No. 330 on the list of the world’s wealthiest people. His management company charges the hedge funds he manages a fee that is higher than the industry standards. The industry standards are two percent per annum of assets under management and twenty percent of the profits, whereas Tudor Investment Corp. charges four percent per annum of assets under management and twenty-three percent of the profits. (Wiki)
UPDATE: Shortly after posting the video (previously embedded above) the file was removed from Vimeo due to copyright infringement. Follow these links: Part 1 (10min) or Short (2min) Clip on Commodity Futures Trading.
UPDATE #2: PTJ has reemerged, granting an interview to discuss his charity, The Robin Hood Foundation, on 60 minutes.
[h/t Business Insider]
[Photo: Financial World/Alex Quesada]