A billionaire trader has spent 40 years trying to delete a one-hour documentary. It shows him making $100 million in a single afternoon. He predicted the crash that made it possible three months in advance. He has never explained why he wants the film gone. His name is Paul Tudor Jones. The film is on YouTube.
The documentary is called "Trader." PBS filmed it in 1987, three months before Black Monday. Jones was 32 years old, working from a small New York office, wearing shorts and a t-shirt, yelling at his phones, throwing paper across the room, and sleeping under his desk. The film captures him and his research partner Peter Borish overlaying a chart of the 1929 market on 1987, month by month. The two charts tracked within one percent. Borish said this is exactly what happened in 1929. Jones said if the analog holds, October is when it breaks.
On October 19, 1987, the Dow fell 22.6 percent in a single day. It remains the largest one-day percentage loss in stock market history. That afternoon, Tudor Jones covered his shorts and made roughly $100 million. He was 33 years old. He was one of the very few traders on the street who came out ahead.
He tried to bury the tape because it made him look reckless in a professional world that punished swagger. Twenty years of legal effort did not delete it. Someone kept a copy. It is on YouTube. It has fewer views than most makeup tutorials.
The film is not really about a crash. It is about a specific philosophy of trading. Jones is shown building conviction slowly, sizing carefully, then striking hard when the setup arrives. He is never once shown making a random bet. He is shown doing the same thing five times a day, every day, for three months.
His signature line, repeated across a 45-year career:
"The most important rule of trading is to play great defense, not great offense."
He does not try to be right. He tries not to lose. He sets stops tight, cuts positions fast, and never averages down on a loser. Every trade in the film follows this template.
Tudor Investment Corp, the fund he founded in 1980, has compounded at roughly 19 percent a year for 45 years. He is 71 years old and still trading. His method has not changed since the film.
The lesson: greatness in markets is a refusal, not a talent. Refusal to be reckless. Refusal to be certain. Refusal to average down. Refusal to trust yourself in a drawdown. Tudor Jones has refused those refusals for 45 years.
The tape is free. The philosophy is repeated in every trade. Most traders will never watch it.
Original vs Copied. Meet AR Rahman the ultimate coiper. He has copied from a wide variety of sources - Hollywood, Indian, Western classical. He's now blaming communal bias for his lack of opportunities. What a thankless person - Hindus elevated him to superstardom and today he's portraying them as bigots. The truth is that a copycat can never go on forever - they will eventually hit a wall. Rahman can no longer blatantly copy in an era of intense social media scrutiny.
🇮🇳This is Shiva Keshavan, India's trailblazing Winter Olympian.
India may not have won a medal at the Winter Olympics... yet... but they have some pioneering athletes. Shiva is one of them. At just 16 years old, he became the youngest male Olympic athlete to compete in luge, a super fast-paced downhill race on a tiny sled, with no brakes. But, as the BBC's Ella Hubber has been finding out, his journey was far from easy. Without any luge infrastructure in India, Shiva decided to take up the sport using makeshift tracks and sleds built in his garage. His parents were able to scrape together the funds to send him to his first Winter Olympics at Nagano, Japan, in 1998, where he was India's only athlete. Shiva went on to compete at another five Olympics but never made it onto the podium. But it is his decades of determination, courage and incredible speed that make him stand out as a true Olympian.
The struggles of Indian athletes during Congress times!
They never supported Indian athletes!
In 2022, after a 22-year legal battle, Tungnath Chaturvedi won a case against Indian Railways for overcharging him Rs 20 in 1999. The consumer court ordered the railways to refund the amount with 12% interest & pay ₹15,000 as compensation for mental and financial agony.
Remembering late Sushma Swaraj ji, Former Foreign Minister, & Leader of Opposition.
ओजस्वी वाणी की धनी, संवेदनशीलता और सेवा की सजीव प्रतीक आदरणीया श्रीमती सुषमा स्वराज जी की जयंती पर उन्हें कोटि-कोटि नमन।
उनकी स्मृति, उनके आदर्श सदैव हमारा मार्गदर्शन करते रहेंगे।
My Insta TL is filled with such reels.
Yes, our many public places are dirty. Yes, many of our people still lack civic sense.
But all of this is temporary. Things can change, and that change has to start with us.
Loved seeing people taking matters into their own hands to keep our country clean.
Hope is everything. And I truly hope we can come together and change our country for the better, forever 🤞