Paul Tudor Jones Sees Potential Once in a Generation Opportunity Ahead

According to an article over at BusinessInsider, Paul Tudor Jones told an audience at the Memphis Daily's 125th anniversary celebration this week that in 3 or 4 years there could be a once in a generation buying opportunity if the government is forced to clean up its fiscal mess. The Memphis Daily reported that "Jones also thinks the markets may end up forcing the federal government to clean up the nation's balance sheet in as little as three or four years from now." And he said that would present a once-in-a-generation opportunity to own assets." Readers should take note of Jones' market outlook, as he is likely one of the top five hedge fund traders of all time, along with George Soros and Steve Cohen. The markets weren't the only thing that was on PTJ's mind. He spoke about the ever-widening income disparity in the United States and according to the Memphis Daily, "lamented the fact the United States is facing what he says is its biggest wealth disparity in more than 100 years - leaving the U.S. perched, he said, somewhere between Rwanda and Iran." Jones added that he understood the grievances of the Occupy Wall Street movement. "(Occupy Wall Street supporters) have a good point when they talk about how our system's busted. I'm not sure what the answer is. But I plan to step up more so than I ever have in the past."