Billionaire Paul Tudor Jones told Wall Street investors to bet on a spike in volatility right before markets went haywire

(The Business Insider) The hedge fund legend Paul Tudor Jones spoke at a private investor conference last week, and he told a group of Wall Street investors he was betting on a spike in volatility.One person who attended summarized Jones’ comments. “It’s the one thing I could guarantee,” this person recalled Jones saying. “I’d be buying volatility all day.”

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