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Paulson's Friends Felt Bad For Him Over Subprime Bets
Tuesday, February 15, 2011 - 1:30pm | 265Read More...According to a DealBook article, even John Paulson's friends in the investment community felt sorry for him once they found out about his huge bet against the subprime mortgage market, which subsequently netted his hedge fund $15 billion in profits. He told the Financial Crisis Inquiry Commission...
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Why Is Bank Of America Not Good Enough For Two Titans? (BAC)
Tuesday, February 15, 2011 - 10:16am | 205Read More...Both Warren Buffett and John Paulson sold large stakes in Bank of America (NYSE: BAC). The question remains why? There were rumors yesterday that the information Wikieleaks has on Bank of America may have influenced Buffett and Paulson's decisions to get rid of some of his shares in the country's...
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John Paulson Adds Stakes In Health Care Companies, Oil Companies (APC, RIG, BAX)
Tuesday, February 15, 2011 - 9:42am | 106Read More...John Paulson of Paulson & Co. has disclosed new stakes in healthcare and oil companies, while cutting stakes in his financial holdings like Bank of America (NYSE: BAC) and Citigroup (NYSE: C) Paulson added stakes in Transocean (NYSE: RIG), Anadarko Petroleum Corp (NYSE: APC), and significantly...
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Doug Kass Hearing John Pauslon Neutral On Gold (GLD)
Monday, February 14, 2011 - 12:52pm | 48Read More...Doug Kass tweeted that John Paulson has moved towards a neutral view on gold. At last check, shares of SPDR Gold Trust ETF (NYSE: GLD) are up 75 cents to $133.07, a gain of 0.56%.
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The Rich Getting Richer
Monday, January 24, 2011 - 2:51pm | 146Read More...It's a case of the rich getting richer for John Paulson of Paulson & Co. In a note to clients obtained by Bloomberg, Paulson said that he made more than $1 billion on his investment in Citigroup (NYSE: C) since the middle of 2009. While a remarkable trade, it's not Paulson's greatest trade...
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The Smart Money's In Gold and Housing (GLD)
Thursday, December 9, 2010 - 2:54pm | 226Read More...In Yahoo's TechTicker, Aaron Task just interviewed Wall Street Journal staff reporter, Greg Zuckerman, who recently wrote a book on John Paulson, as that is where the Smart Money is placing its bets. "A lot of people who bet against housing and did very well have shifted over to gold," said...
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What's Hot on TheStreet
Tuesday, November 23, 2010 - 2:57pm | 240Read More...Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 2011 Big-Cap Biotech Preview Biotech investors looking for outsized returns in 2010 failed to find them in "Big Five" large-cap biotech stocks. Only Genzyme (NASDAQ: GENZ) and Biogen Idec (NASDAQ: BIIB) yielded...
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Paulson May Sell Stake In Harrah's
Tuesday, November 23, 2010 - 10:11am | 37Read More...Paulson & Co. may sell its 10% stake in Harrah's, according to a regulatory filing this morning. The casino operator, which is in the process of changing its name to Caesar's, canceled its IPO last week, citing market conditions.
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Withering Economy? Go For The Gold
Monday, October 11, 2010 - 11:18am | 300Read More...Under the current conditions, a price of $1500 or even $2000 for an ounce of gold, doesn't seem out of the picture. Though Barron's outlook may disappoint those bulls. "Assuming that panic about the global economy will begin to subside to mere gut-level fear of the chronic sort, the bull market...
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Billionaires Aren't Perfect: Paulson Fund Said to Lose 11% This Year
Wednesday, September 8, 2010 - 12:40pm | 185Read More...John Paulson, famous for becoming a billionaire by betting against the U.S. housing market, lost 11 percent this year in his biggest hedge fund, a source told Bloomberg. According to a Bloomberg report, "[Paulson & Co.'s] Advantage Plus Fund, which uses investment strategies designed to profit...
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John Paulson's Fund Has A Rocky August (GLD)
Wednesday, September 8, 2010 - 10:50am | 85Read More...Famed hedge fund manager John Paulson, who personally made more than $4 billion betting against the sub-prime mortgage market, had a rocky August in two of his funds. Paulson & Co.'s flagship Advantage Plus fund fell more than 4% last month according to a Reuters article. The fund is heavily...
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Paulson Discloses 9.1% Stake in NovaGold (NG)
Tuesday, August 31, 2010 - 3:26pm | 148Read More...According to a 13D that was just filled with the Securities and Exchange Commission, John Paulson of the famed hedge fund Paulson & Company, now owns 20,181,818 shares of NovaGold Resources Inc., which is a 9.1% stake in the precious metals company. The report states that the total amount...
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Paulson & Co. Launching Retail Fund
Thursday, July 22, 2010 - 10:13am | 123Read More...According to a report in the Financial Times, hedge fund Paulson & Co, the fund which made its claim to fame after making billions from the collapse of the US subprime mortgage market, is going to launch a new fund that is open to retail investors and will track its existing investment...
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Hedge Fund King Paulson Having A Rough Year (BAC, WFC, GLD, C)
Friday, July 16, 2010 - 3:00pm | 452Read More...John Paulson, the hedge fund manager who made billions by predicting the collapse of the sub-prime mortgage market, has fallen on hard times...relatively speaking. Bloomberg News has recently reported that Paulson's $9 billion Advantage fund lost 5.8% in the first six months of 2010. His Advantage...
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John Paulson Upbeat on the U.S. Economy (SPY, XHB)
Friday, June 25, 2010 - 9:27am | 293Read More...In a speech at the London School of Economics, hedge fund manager and president of Paulson & Co, John Paulson, said that the possibility of a double-dip recession in the United States is “less than 10 percent.” He was also quick to point out that, he believed, their company had “zero impact” on...




