Investors in Paul Tudor Jones's Raptor fund have asked for more than $1 billion back after it lost a "mere" 8.5 percent this year, Bloomberg reports. Mathieu Klein, CEO of Paris-based Darius Capital Partners, said: "It's a question of evaluating the validity of their stock-picking themes in this environment. This isn't necessarily a vicious circle, because if returns pick up, investors will stick with them." In other news, if you want to win football games, you have to score points and baseball, if you think about it, is simple: throw the ball, catch the ball, hit the ball.
Tudor Investors Pull More Than $1 Billion From Its Raptor Fund [Bloomberg]
Posted by , Dec 14, 2007 1:50PM
One would have thought that Bess' words of wisdom would have been heard by now.
Posted by , Dec 14, 2007 1:51PM
http://online.wsj.com/article/SB119760031991928727.html?mod=todays_us_weekend_journal
Posted by , Dec 14, 2007 1:52PM
you're a douche, 1:50/51
Posted by Trader Apologist , Dec 14, 2007 2:15PM
It's not the traders who lose money, people....it's their "models".
Posted by Yo! , Dec 14, 2007 2:36PM
These silly Frenchies should just get in their Peugots and Renaults and drive to Greenwich to see PTJ's over-the-top Christmas light display. It's really just as good as getting their steenking money back.
Posted by , Dec 14, 2007 2:44PM
If you are dumb enough to let some rock star hippie invest you're money you deserve what you get.
Posted by MSM Hack , Dec 14, 2007 4:15PM
Be still our collective hearts. Bess is quoting the best baseball movie. Ever. You go, young lady.
Posted by paul , Dec 15, 2007 1:43PM
sj