Concerns of an impending widespread debt crisis have resulted in global stock market slumps and a 1% drop in hedge funds this week. The Bloomberg Aggregate Hedge Fund Index fell from 117.22 in October to 116.03, dragging this year’s losses down to 3.8%. Funds that bet on economic trends fell as well. “Volatility has been…
Tag Archive: John Paulson
Mega Millions and Gold
Wealth of Hedge Fund Managers Perhaps not too shockingly is the fact that hedge fund managers are making mega bucks. But what might rate as news was the figure John Paulson earned, especially compared with that of his take home pay prior to that, rendering him the “top earning hedge fund manager,” at a staggering…
Paulson and Co Beat the Odds in the Mortgage Market
Despite weighty criticism and terrible odds, Paulson and Company made $15 billion in the mortgage market a few years ago. In an interview with Financial Crisis Inquiry Commission, John Paulson said “We were very, very much in the minority. If I said a thousand-to-one, we were the one. Even friends of ours thought we were…
John Paulson Gains Another $5 Billion
The Paulson & Co. hedge fund made $15 billion in 2007 while betting against mortgages. It has recently been publicized that John Paulson earned another $5 billion last year. Staff members and executives have 42% of the $35.9 billion assets, or, $14.9 billion, according to a report sent out earlier this month. Of that, a…