What’s Worrying Paul Tudor Jones

The hedge fund manager blames Milton Friedman for today’s wealth inequality, worries about tariffs, and buys gold.

Paul Tudor Jones (Michael Nagle/Bloomberg)

Paul Tudor Jones

(Michael Nagle/Bloomberg)

The world that made Paul Tudor Jones — and many others — wealthy is on the verge of imploding, the legendary hedge fund manager thinks.

These days, Jones is worried about inequality, tariffs, and recession while betting on gold. He also wants to save capitalism by using moral suasion to change corporate America.

Jones is on a new mission that goes beyond the charitable activities of the Robin Hood Foundation, which he founded about three decades ago to help alleviate poverty in New York City — not long after...

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