Lessons From A Trading Great: Paul Tudor Jones
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I know from studying history that credit eventually kills all great societies. We have essentially taken out our American Express card and said we are going to have a great time…
Maybe there are macroeconomic forces at work that are part of a larger super cycle that we don’t have any control over. Perhaps we are simply responding to the same type of cycles that most advanced civilizations fell prey to, whether it was the Romans, sixteenth-century Spain, eighteenth-century France, or nineteenth-century Britain…
You look at every bear market and they’ve always basically occurred because of an uptick in inflation and an uptick in interest rates…
https://www.zerohedge.com/markets/lessons-trading-great-paul-tudor-jones