“My only regret was that one of the unintended consequences of coming of age in those volatile times was learning to never want to own anything for the long run. Classic investing had a negative sign associated with it,” Jones wrote. “Bear markets were very rewarding since fear is a stronger emotion than hope and something can be torn down in fractions of the time it takes to build — whether that be a house, a reputation, or a bull market. Sometimes I almost wish I was a child of a different era as the ensuing 36-year bull market in equities was not something for which I was prepared or trained.”
Paul Tudor Jones
Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
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