“Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic... 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.”
Quote by Paul Tudor Jones
Author
Paul Tudor Jones
Paul Tudor Jones, born on September 28, 1954, is a renowned trader in the global financial market. Known for his unique trading strategies and risk management techniques, Jones founded Tudor Investment Corporation in 1980, which has grown into one of the largest hedge funds globally over the years. more