Wednesday, July 29, 2009

Failure

There has been a lot of posts on the net linking on old PBS video done on one of this era's great traders Paul Tudor Jones. The video is great but for some real meat and potatoes stuff please read Mr. Jones commencement speech on failure given to the Ninth Grade Class at the Buckley School.

It is well worth your as well as a couple of loved ones time for sure.



Good speculating and remind them to please don't ever forget that "an investor is a speculator who made a mistake and will not admit it".


Open Positions:
Long 1 unit US Gold ticker UXG @ $3.05 stop @ $2.28
Short 2 units Wells Fargo ticker WFC @ $25.10 stop @ $26.26/27.41
Short 2 units Apple ticker AAPL @ $158.01 stop @ $162.11

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