(always great) Warren Buffett’s letter to shareholders – (Clayton and manufactured homes page 16) - … If home buyers throughout the country had behaved like our buyers, America would not have had the crisis that it did. Our approach was simply to get a meaningful down-payment and gear fixed monthly payments to a sensible percentage of income. This policy kept Clayton solvent and also kept buyers in their homes … - Berkshire Hathaway
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(slide show) Paul Tudor Jones On The...Read Full Story
Today's Exclusives
Opalesque Exclusive: SOKOL Russian Equity Opportunity Fund up 25.14% through August [more]
From Florian Guldner, Opalesque Europe:
ParusKreml Capital Management has informed Opalesque that the SOKOL Russian Equity Opportunity Fund was down 1.20% in August, but up 25.14% in 2010. In 2009, the fund returned 40.04%.
The fund invests in a diversified portfolio of Russian mid cap stock...Read Full Story
This is the fascinating 1987 documentary called Trader which features the legendary trader Paul Tudor Jones. I have been looking for this video for a while so when a friend of mine sent it into my inbox, I watched it straight away. I heard that Paul Tudor Jones himself was doing what he could to remove this video as it revealed a bit too much of his method so I don’t know how long this video will be around but for now, enjoy it whilst you can.
Related posts: Currency Trader & Futures and...Read Full Story
Become A Millionaire
So, can you become a millionaire by osmosis? Interesting question, huh. Well, first of all I would answer that by saying Yes and No . Obviously you can’t just hang around a millionaire and have the money tree fall on you. If you want to become a millionaire you have to take massive action in your life to achieve that goal. Ok, I am sure I can think of some questions people might have regarding this topic, questions such as: “What is Osmosis?” “How do I become a...Read Full Story
I have felt that the oil market has been unnecessarily inflated (due to the capital speculating in the space) for a number of years. In fact, I am fortunate that I didn’t make a move to short oil when I felt we were beyond a level that seemed right. As they say, don’t fight the tape.
Once oil cracked $55, it felt way overvalued, beyond $70, a bubble. This oil market that we are in comes with the support of a LOT of capital. The capital appears to be providing an artificial prop for the...Read Full Story
Robertson Jr., founder of Tiger Management, who gave $1 million. Second on the list was William I. Koch, often referred to as “the other Koch brother.” He gave $250,000. Paul Tudor Jones II, Tudor Investment Corporation founder, gave $200,000.
Founder of the Robin Hood Foundation. Paul Tudor Jones II innovated the performance-based culture of philanthropic giving. His team is led by David Saltzman.
Paul Tudor Jones II (b. 1954 , Memphis, Tennessee ) is a well-known commodity trader. Having made $500 million in 2005, he is worth an estimated $2.5 billion, and was ranked by Forbes in March 2007 as
Nebraska Teacher Taken Out Of Classroom For Showing Iraq Documentary. Divorce Rates Are Low—Because ... Trader: Paul Tudor Jones II (#82) A donor to environmental causes, Jones also has a stake in .
New York Post - About 300 people turned out Saturday for a reception at the waterfront home of hedge-fund billionaire Paul Tudor Jones II. Fellow billionaire investor George Soros and model-turned-TV-