Over the weekend (I think), someone uploaded a copy of the Trader video, the documentary from circa 1987 featuring the now legendary money manager and original Market Wizard Paul Tudor Jones, to YouTube. No, it wasn’t me, and I don’t know who did. Although I do own the video, I would never post it on YouTube or any of those sharing sites (so don’t bother asking). Obviously, others have no problem doing so.
Boy, did that create a storm!
I don’t frequent a lot of the apparently really popular market-related sites (as I’m finding out), so I probably don’t even know the full extent of how far things spread. I do know, however, that several very prominent sites, including at least one well known traders’ forum, had articles or posts which embedded the YouTube video. It made rapid progress from site to site – at least until the video got yanked from YouTube for copyright infringement at some point on Tuesday.
Still, the videoÂ was out long enough for a lot of people to give it a look, and the comments I’ve seen so far have been very positive, though thereÂ are of course the to-be-expected jokes about 80′s technology and fashions. I have always thoughtÂ the videoÂ offered quite a bit of educational value for developing traders, and once upon a time used it inÂ my college classroom teaching,Â but PTJ clearly has a problem with it being available.
The blast of interest in the video splashed on this website and my trading education one as well. Both sites hadÂ BIG jumps in traffic. Part of it was search based, which brought a lot of people to this post I wrote about 15 months ago, which shows up very high in Google’s search results. I got even more traffic to this post on my Essentials site. Part of that was search too, but that one was also directly linked to by several prominent websites because it includes the text from the back cover of the original video tape case. As far as I can tell, that turned Tuesday into the single biggest traffic day either site has had so far. That was certainly totally unexpected.
With the video no longer up on YouTube, the attention will no doubt back down to its normal underground levels, though I’m sure those who missed out seeing it will be eager to try to find a copy somewhere.