It is the 19th of November 2019

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Paul Tudor Jones: "This Market, Which Is Reminiscent Of The 1999 Bubble, Is On The Verge Of A Significant Change"

Just hours after Neil Chriss announced that his $2.2 billion Hutchin Hill hedge fund is shuttering due to underperformance and admitted that "we fought hard, but did not deliver the performance that you expected from us", another legendary hedge fund announced it was undergoing a significant restructuring as a result of relentless investor withdrawals: citing a November 30 letter, Bloomberg reported that Paul Tudor Jones' Tudor Investment Corp, which lost 1.6% YTD,  was closing its Discretionary Macro fund "and letting investors shift assets to the main BVI fund as of Jan. 1" with the letter clarifying that "Jones will also principally manage Tudor’s flagship BVI fund, which will be the firm’s only multi-trader fund next year."

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Paul Tudor Jones: "This Market, Which Is Reminiscent Of The 1999 Bubble, Is On The Verge Of A Significant Change"

Just hours after Neil Chriss announced that his $2.2 billion Hutchin Hill hedge fund is shuttering due to underperformance and admitted that "we fought hard, but did not deliver the performance that you expected from us", another legendary hedge fund announced it was undergoing a significant restructuring as a result of relentless investor withdrawals: citing a November 30 letter, Bloomberg reported that Paul Tudor Jones' Tudor Investment Corp, which lost 1.6% YTD,  was closing its Discretionary Macro fund "and letting investors shift assets to the main BVI fund as of Jan. 1" with the letter clarifying that "Jones will also principally manage Tudor’s flagship BVI fund, which will be the firm’s only multi-trader fund next year."

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Risk Parity Lashes Out At Paul Tudor Jones' Apocalyptic Forecast

In addition to Paul Tudor Jones making headlines overnight with his comments during a closed-door GSAM session, in which he warned that Yellen "should be terrified" by some of the market's key valuation metrics, he went so far as to predict what trading strategist would blow up the market and cause the next crash when volatility returns.

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Teachers Unions Vs Hedge Funds: The Battle Over Billions

Randi Weingarten is the president of the American Federation of Teachers, and is a name that hedge fund managers and those on Wall Street are beginning to learn quite well.

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