“I stopped drinking at 21, never bought bags, never upgraded to a fancy car, I hate paying for business class - I’ll go economy.”
♫
Said on The Finance Garage
“Always have a hard stop on you. Never have a stop. It's discipline… like a seatbelt.”
Chat With Traders · What $450M Portfolio Manager Learned From Paul Tudor Jones
Play from 13:48
13:48
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
required every trade to have a hard stop loss (never trade without a stop)
Said nearby on the same subject
“At every down curb and every up curb, we stop, we praise them, and then the dog starts to stop themselves. Then maybe they make a mistake... you repeat and you allow the dog to be successful.”
♫
Said on The Economics of Everyday Things
“In the central market, they didn't require us to do any trade spend. That was just our promotional budget from demos”
♫
Said on Road 2 Retail
“…eligibility provision… if you work 30 hours a week… aligns with the stop loss… otherwise the plan sponsor is on the hook.”
FP
Frank Panaccio
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