Failure was a key element to my life’s journey. Paul Tudor Jones More Quotes by Paul Tudor Jones More Quotes From Paul Tudor Jones You can not have significance in this life if it is all about you. You get your significance, you find your joy in life through service and sacrifice - it's pure and simple. Paul Tudor Jones sacrificesimplejoy If life ever ceased to be an educational experience. I probably wouldn't get out of bed in the morning. Paul Tudor Jones educationalbedmorning Trading gives you an incredibly intense feeling of what life is all about. Paul Tudor Jones life-isfeelingsgiving I believe that great success is possible in any field — from music to mathematics to macro trading. Paul Tudor Jones mathematicsfieldsbelieve First if all, never play macho man in the market. Second, never overtrade. My major problem was not the number of points I lost on the trade, but that I was trading far too many contracts relative to the equity in the accounts that I handled. Paul Tudor Jones playnumbersmen We have ripped the humanity out of our companies. It's threatening the very underpinnings of our society. Paul Tudor Jones threateningour-societyhumanity Intellectual capital will always trump financial capital. Paul Tudor Jones intellectual-capitalfinancialintellectual 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 daughterheartmen That cotton trade was almost the deal breaker for me. It was at that point that I said, “Mr. Stupid, why risk everything on one trade? Why not make your life a pursuit of happiness rather than pain? Paul Tudor Jones pursuit-of-happinesspainstupid After awhile 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 dollarsdifferencesmean 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 bullstrainingmoving My off-the-cuff remarks at the University of Virginia were with regard to global macro traders, who are on-call 24/7 and of whom there are likely only a few thousand successful practitioners in the world today. Macro trading requires a high degree of skill, focus and repetition. Life events, such as birth, divorce, death of a loved one and other emotional highs and lows are obstacles to success in this specific field of finance. Paul Tudor Jones divorceemotionalsuccessful You can achieve great economic gains by solving social problems. Paul Tudor Jones economicgainsproblem Don't be a hero. Don't have an ego. Paul Tudor Jones egohero If trading is like chess, then macro is like three-dimensional chess. Paul Tudor Jones macrothreechess The whole world is simply nothing more than a flow chart for capital. Paul Tudor Jones flowwholeworld There is no more compassionate and effective way to help poor people in New York City than to give to Robin Hood. Paul Tudor Jones citiesnew-yorkpeople There's such an emphasis on making money that we've really taken the humanity out of business. Paul Tudor Jones making-moneytakenhumanity Trading is very competitive and you have to be able to handle getting your butt kicked. Paul Tudor Jones buttyouryouhandle You will never see as many great women investors or traders as men. Period. End of story. Paul Tudor Jones greatyouwomenmen
