Paul Tudor Jones quotes

Paul Tudor Jones is a renowned hedge fund manager and philanthropist known for his macro trading strategies. With over four decades of experience in financial markets, Jones founded Tudor Investment Corporation in 1980 and has since become one of the most successful investors in history. His bold predictions and keen market insights have earned him a reputation as a market wizard. Jones is also a dedicated philanthropist, supporting various causes through his Robin Hood Foundation. Learn more about Paul Tudor Jones and his investment strategies to enhance your financial knowledge.

Treasury Secretary Baker’s weekend statement that the U.S. would no longer support the dollar because of its disagreements with West Germany was the kiss of death for the market.

- Paul Tudor Jones

A bet on Bitcoin is a bet on human ingenuity.

- Paul Tudor Jones

A good system may be able to trade more markets effectively than a good trader because it has the advantage of unlimited computing power.

- Paul Tudor Jones

A good trader will usually be able to outperform a good system.

- Paul Tudor Jones

After a while size means nothing. It gets back to whether you're making 100% rate of return on 10k or 100 million dollars. It doesn't make any difference.

- Paul Tudor Jones

Always maintain your sense of confidence, but keep it in check.

- Paul Tudor Jones

Always think of your entry point as last night’s close.

- Paul Tudor Jones

As I've told my three daughters, all of whom I've at one time encouraged to go into macro trading, any man or woman can do anything to which they set their heart and mind.

- Paul Tudor Jones

At the end of the day, the most important thing is how good are you at risk control.

- Paul Tudor Jones

Borrowing our way into prosperity. We borrowed against the future, and soon we will have to pay.

- Paul Tudor Jones

By watching my first boss and mentor Eli Tullis, I learned that even though markets look their very best when they are setting new highs, that is often the best time to sell. He instilled to me the idea that, to some extent, to be a good trader, you have to be a contrarian.

- Paul Tudor Jones

Cash is worthless, so what do you do with your money?

- Paul Tudor Jones

Certain people have a greater proclivity for macro trading because they don’t have the need to feel intellectually superior to the crowd. It’s a personality thing.

- Paul Tudor Jones

Decrease your trading volume when you are trading poorly; increase your volume when you are trading well.

- Paul Tudor Jones

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.

- Paul Tudor Jones

Don’t be too concerned about where you got into a position. The only relevant question is whether you are bullish or bearish on the position that day.

- Paul Tudor Jones

Don’t ever average losers.

- Paul Tudor Jones

Eli Tullis was the largest cotton speculator in the world when I went to work for him, and he was a magnificent trader. In my early 20s, I got to watch his financial ups and downs and how he dealt with them. His fortitude and temperament in the face of great adversity were great examples of how to remain cool under fire. I’ll never forget the day the New Orleans Junior League board came to visit him during lunch. He was getting absolutely massacred in the cotton market that day, but he charmed those little old ladies like he was a movie star. It put everything in perspective for me.

- Paul Tudor Jones

Every day I assume every position I have is wrong.

- Paul Tudor Jones

Every trade decision is the product of some problem-solving process – human or otherwise.

- Paul Tudor Jones

Everyone knows when I trade.

- Paul Tudor Jones

Everything gets destroyed a hundred times faster than it is built up. It takes one day to tear down something that might have taken ten years to build.

- Paul Tudor Jones

Everything happens for a reason.

- Paul Tudor Jones

Failure was a key element to my life’s journey.

- Paul Tudor Jones

Failure will give you a tattoo that will stay with you your whole life, and sometimes it’s a really good thing.

- Paul Tudor Jones

First of all, never play macho man with the market. Second, never overtrade.

- Paul Tudor Jones

Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic... There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it's the end of a bull market or the end of a bear market.

- Paul Tudor Jones

I always believe that prices move first and fundamentals come second.

- Paul Tudor Jones

I attribute my own success to the Elliott Wave approach.

- Paul Tudor Jones

I avoid letting my trading opinions be influenced by comments I may have made on the record about a market.

- Paul Tudor Jones