The End of the Affair

When Paul Tudor Jones II hired James Pallotta to create a global equity investing business for Tudor Investment Corp. in the early 1990s, the company trumpeted Pallotta’s bona fides: “What stands out is his risk control.”

When Paul Tudor Jones II hired James Pallotta to create a global equity investing business for Tudor Investment Corp. in the early 1990s, the company trumpeted Pallotta’s bona fides: “What stands out is his risk control.” Time proved Tudor right. From 1993 through 2006 the funds that Pallotta managed returned, on average, 16 percent a year.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related