Hacker Cinema
The Trader
სოვდაგარი
2018 · Film · documentary · 23 min
Directed by Tamta Gabrichidze
A traveling trader provides a window into rural life in the Republic of Georgia, where potatoes are currency and ambition is crushed by poverty.
1 positive2 neutralfrom 3 commenters
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3 comments on Hacker News
Didn’t Paul Tudor Jones overlay charts to predict the 87 Crash?
Saw something like this in the Trader documentary:
https://www.reddit.com/r/Documentaries/comments/4cke1z/trader_the_documentary_1987_rare_documentary/
This was a common strategy among pit traders in the 80's to place orders to entice other traders to follow, while a partner would take a large position in the opposite direction. Paul Tudor Jones was infamous for it and even laughed about it on the documentary, "Trader".
It is ethically questionable, but shouldn't be illegal. You shouldn't be managing money if your strategy is to follow bigger fish.
Excellent reply, thanks for this. A lot of people in SV/SF are upset that "the finance guys" have shown up and changed the economics of the game; I say, thank God they finally showed up. (And the Chinese, of course!)
I don't know if you've ever watched the "Trader" documentary that profiled the life of thirtysomething Paul Tudor Jones, but it provides an 80s-era glimpse into world you talk about. Legend has it that PTJ bought every VHS copy and had it destroyed.