Ever since watching Trader, a PBS documentary on Paul Tudor Jones that he famously hates, I've been fascinated by the legendary trader. I've read and re-read his chapter in Market Wizards a dozen times to remind myself that even the best traders have setbacks.
In this interview, Jones talks with Goldman Sachs CEO, Lloyd Blankfein, about those setbacks, including a time when his dad told him that he needed to find a new profession. Instead, Jones corrected his mistakes, learned from them and became a great trader and philanthropist.
(For more on Paul Tudor Jones, read 7 Rules Paul Tudor Jones lives by.)