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Paul Tudor Jones' Star Turn Returns (Briefly)
It was pretty fun while it lasted.
This week someone using the YouTube screenname doctationsmarketing uploaded a copy of Trader, a 1987 PBS documentary about Wall Street that features a 32-year-old Paul Tudor Jones II in all his pre-crash big swinging dick glory.
Why should you care about a 22-year-old PBS special? Well, because Tudor Jones—who went on to become a billionaire with hedge funds (he ranked #224 on the Forbes World's Billionaires list this year)—has tried to keep the film, directed by Michael Glyn, out of circulation. According to a New York Times article from 2007, "Although the video was shown on public television in November 1987, very few copies exist. Those that do are hoarded by traders who watch the hourlong movie in the hope of gleaning possible trading tips from Mr. Jones. On the Internet, bids for the video start at $295. According to Michael Glyn, the video’s director, Mr. Jones requested in the 1990s that the documentary be removed from circulation." (Actually, copies are now selling for closer to $300.)
As The Times' DealBook, Gawker, DealBreaker, Clusterstock, The Huffington Post, and others gleefully pointed out, the notoriously publicity-averse Tudor Jones was back—that was, until the video got pulled later in the day for copyright reasons.
Matt Haber is the media blogger for Portfolio.com.
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