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07-16-2010, 08:10 AM
John Paulson's reversal of fortune - Fortune - CNNMoney.com (http://abnormalreturns.com/links/169845/visit) (money.cnn.com)
by CNNMoney about 4 hours ago
It's tough to be the king. John Paulson, current monarch of hedge funds, is having a challenging year, according to recent press reports. Bloomberg News recently reported that Paulson's $9 billion Advantage fund was down 5.8% in the first six months of the year. His Advantage Plus fund was down 8.8%. And while his Recovery fund was reportedly up through June, it suffered a 12.4% decline that month. The lone bright spot: his gold fund, up 13% for the year.
see story at Abnormal Returns site...(RSS feed) (http://abnormalreturns.com/links/index?date=07/16/2010#169845)
by CNNMoney about 4 hours ago
It's tough to be the king. John Paulson, current monarch of hedge funds, is having a challenging year, according to recent press reports. Bloomberg News recently reported that Paulson's $9 billion Advantage fund was down 5.8% in the first six months of the year. His Advantage Plus fund was down 8.8%. And while his Recovery fund was reportedly up through June, it suffered a 12.4% decline that month. The lone bright spot: his gold fund, up 13% for the year.
see story at Abnormal Returns site...(RSS feed) (http://abnormalreturns.com/links/index?date=07/16/2010#169845)