Biswarup Mohapatra

An Avid Learner in Search of Wisdom - Stock Market Enthusiast, Love Playing Chess and Support Chelsea

[Patrick OShaughnessy @patrick_oshag]

My guest today is Paul Tudor Jones (@ptj_official), one of the greatest macro traders of all time.

He correctly predicted the 1987 stock market crash and shorted the Japanese bubble in 1990. For over 40 years, his flagship fund has had a negative correlation to the S&P 500. 100% of his returns are alpha.

He says today's market has so many similarities to 2000, "the easiest bear market I've ever seen in my whole life."

He makes the case for going long dollar-yen, why Bitcoin beats gold as an inflation hedge, and why he was wrong about Warren Buffett.

But what I'll remember most from this conversation is Paul's zest for life. He's 71 and still wakes at 2:30 every morning to trade the London open. He works out for two hours a day. He walks with his wife every evening. He travels the country chasing peak spring and peak fall. He's so excited about the songs picked for his funeral that he wishes he could be there to hear them.

Paul has lived five lifetimes in one. He's one of the most entertaining and interesting people I've met, and the conversation will leave you searching to be as passionate about what you do as he is about what he does.

Enjoy!

Timestamps:
0:00 Intro
1:00 The Kindest Thing
13:19 Trading vs. Investing
17:33 Lessons from Warren Buffet
22:24 The Existential Risks of AI
29:54 The Nature of Trading
31:46 Bitcoin
35:55 Bubbles
42:08 A Day in the Life of PTJ
46:00 Information Overload
47:07 Passion for Markets
50:49 The Robin Hood Foundation
54:18 The Workless World
56:03 Journalism
1:00:00 Principal Components of a Great Life
1:05:06 Kill Them With Kindness

[Harsh Goenka @hvgoenka]

Some great Japanese inspired rules about life

[Biswarup Mohapatra @should_I_twit]

@NoBrokerCare This is the standard reply I receive every time. But the issue doesn't get resolved. Rather a new issue comes up. Please give me a time when I will receive my agreement. @AmitKumarA

[Biswarup Mohapatra @should_I_twit]

Very bad experience with @NoBrokerCare , had taken package for agreement execution and police verification 15 days back. Zero communication from Nobroker, after constant follow up still not received the agreement @AmitKumarA plz look into it. One of the worst service experiences

[Praveen Maurya @praveen_isro]

I was approached by spies to carry out #espionage. It was done in collusion with Kerala Police. Written multiple letters from Chairman #ISRO to Prime Minister but no action. Need an Intelligence inquiry. Kindly help. @PMOIndia @isro @narendramodi
https://t.co/NZKesguK7p

[Compounding Quality @QCompounding]

🧵 Terry Smith is one of the greatest Quality Investors in the world. Since his fund launched in 2010, Fundsmith achieved an astonishing CAGR of 15.46% (!) after fees.

In this thread you can find 10 great investment tips from the Quality Maestro himself ⬇️⬇️⬇️⬇️⬇️⬇️

[Alf @MacroAlf]

200 years of inflation-adjusted returns for different asset classes.

We're all dead in 200 years but still quite an interesting chart.

[Nigel D'Souza @Nigel__DSouza]

Beautiful gesture by Sri Lankans👏

The country is going through a difficult phase & this tour helped in bringing some cheer.

While most countries avoided travelling to Sri Lanka, Cricket Australia sent their main team in these tough times.

#SLvAUS

[Alf @MacroAlf]

The equivalent of 60% of GDP has been wiped out from US bonds & equities markets alone in less than 8 months.

It's the biggest financial drawdown as % of GDP ever experienced over the last 40 years.

[anand mahindra @anandmahindra]

“The brave die never, though they sleep in the dust: Their courage nerves a thousand living men.” We salute our fallen heroes. Om shanti. 🙏🏽🙏🏽🙏🏽

[Trung Phan @TrungTPhan]

IKEA is the world's largest furniture brand. With annual sales hitting ~$50B+, it's the King of "buy stuff you never planned to buy".

Unsurprisingly, IKEA designs its stores with various psychological tricks to get you to spend more money.

Here's are 12 of them 🧵

[swarup mohanty @mohanty_swarup]

Please join us tomorrow for a discussion on ETFs by our ETF team members Karan and Sidharth!

https://t.co/0fYFrmJFfI

[Nilesh Shah @NileshShah68]

Americans above 55 years of age owns 75 % of US Equity.

[Vineet Gala @VineetGala]

From a bear case TP of USD 10 to a bull case TP of USD 2070 in a year.

Bhav Bhagwan che

[Ben Carlson @awealthofcs]

Explaining the 2020 Stock Market

https://t.co/YvXUWmDVZj

[anand mahindra @anandmahindra]

I suspect this comment might well be the most effective & motivating rallying cry that India Inc. has ever received. Thank you for the provocation. We will rise to the occasion...🙏🏽

[swarup mohanty @mohanty_swarup]

You come to interview me.
You have come to my country.
You ask for an airport pickup.
So I come to pick you up.
Simple!

[CFA Society India @CFASocietyIndia]

CFA Society India is proud to invite you to the upcoming webinar “CIO’s Insights - Equity Portfolio Management” featuring Neelesh Surana, CIO, @miraeasset.

Mod: @VinaygBagri, CFA, Treasurer - CFA Society India

Register today!
https://t.co/SIE35CObOT

[Irrfan @irrfank]

From Sutapa, Babil and Ayaan...

[Anil Padmanabhan🇮🇳🕉️🚩 @anilp68]

OMG😍😍😍