Control Your Emotions
"Every day I assume every position I have is wrong. This removes the ego from trading. Never fall in love with a position."
Assume every position is wrong until proven otherwise.
Read Full Analysis →Paul Tudor Jones II (born September 28, 1954) is an American billionaire hedge fund manager and philanthropist. He founded Tudor Investment Corp in 1980, which has grown into one of the world's leading macro hedge funds managing over $11 billion in assets. Jones is best known for predicting and profiting from the 1987 stock market crash, reportedly tripling his money...
"Every day I assume every position I have is wrong. This removes the ego from trading. Never fall in love with a position."
Assume every position is wrong until proven otherwise.
Read Full Analysis →"The greatest enemy of the investor is himself. Fear, greed, regret, and pride cause more losses than any economic event. Master your emotions to master the market."
Master your emotions to master the market.
Read Full Analysis →"Know the common behavioral biases that trap investors: anchoring, confirmation bias, loss aversion, and herding. Awareness is the first step to prevention."
Know your behavioral biases to avoid them.
Read Full Analysis →Paul Tudor Jones has 3 key principles on investment psychology. The most important one is "Control Your Emotions" — Every day I assume every position I have is wrong.
Paul Tudor Jones applies investment psychology through several key principles including "Control Your Emotions" and "Master Your Emotions". These principles guide practical investment decisions and have been tested across decades of market cycles.
Paul Tudor Jones's approach to investment psychology is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, Paul Tudor Jones provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.