Paul Tudor Jones II was born in Memphis, Tennessee. In 1976 he earned a bachelor’s degree in economics from the University of Virginia. He was accepted to Harvard Business School in the 1980’s but he did not enroll. PTJ was a commodities broker for E. F. Hutton & Co between 1976-1980. PTJ was mentored by cotton trader Eli Tullis. Tullis […]
Current Paul Tudor Jones Net Worth Read More »
The Calmar Ratio was created by Terry W. Young in 1991, it is short for California Managed Account Reports. The Calmar ratio is usually based on recent and short term data. The Calmar ratio gives investors insight into the risk parameters of different investments and money managers. The Calmar Ratio contrasts the risk of maximum drawdown and the annual
The Calmar Ratio Explained Read More »
CAGR stands for ‘compound annual growth rate’ and is used in business, investing, and trading as a term for the measurement as a geometric progression ratio providing a constant rate of return over a specific time period. While CAGR is not an accounting term it is still used to describe the return in segments of
The scientific method is a fact finding method of gathering knowledge that was developed in the 17th century to search for the truth for cause and effect relationships in science. This method requires observing along with skepticism about what is being observed. Cognitive assumptions can be biased and filter how someone interprets information so a filter
Using the Scientific Method Steps in Trading Read More »
Data mining for traders is the process of researching large amounts of historical data to find repeatable price action patterns in financial markets. Data mining can be done on all different time frames and both technical and fundamental data can be used to analyze the movements of markets based on different catalysts. When you mine
Data Mining Definition in Trading Read More »
Stocks are an asset class of investments where you buy a share of ownership in a publicly traded company. Stocks are equity in a company. Shares trade on stock exchanges through market makers and executed for investors through a stock broker. How do you invest in stocks? Decide you want to own stocks. Understand the
How to Invest in Stocks Read More »
Warren Buffett’s 2014 Cadillac XTS. Warren Buffett is not only one of the richest people in the world but also very frugal to a point that it is very surprising to people. He lives in the same five bedroom house he purchased in 1958 for $31,500. He also has a modest car in comparison to
The Current Warren Buffett Car Read More »
Warren Buffett has established himself as being the best investor in history by both becoming the wealthiest person in the world many times over and building one of the biggest companies in the world Berkshire Hathaway out of a failing textile company. What specific investment strategy did Buffett use to create such success and wealth?
The Warren Buffett Investment Strategy Read More »
In trading the two terms tactic and strategy are not used enough and when they are used many times they are mixed up. Trading tactics are the actual means that are used to achieve a single specific goal or target, but a trading strategy is the big picture plan that combines many different tactics together to achieve the overall objective of
Strategy vs Tactics in Trading Read More »
In 2001 during a Fortune Magazine interview Warren Buffett said that the stock market capitalization to GDP ratio as a long-term valuation indicator is probably the best single measure of where valuations stand at any given moment. The stock market capitalization to GDP ratio is used to measure if a market is undervalued or overvalued in
Warren Buffett Indicator Formula Read More »