News on John Paulson

Reflections on gold as an asset class

2010-03-11T19:16:46Z

<div id="subtitle">Is it a "barbarous relic?"</div><div><p>Gold is hotter than ever. You can’t turn on the TV these days without seeing a gold commercial. Several well known hedge fund managers have leveraged up positions in gold while John Paulson even went so far as to start his own gold hedge fund. As an asset class gold has outperformed just about everything over the last 10-year period. It’s been an impress...

Hedging with gold miners

2010-02-22T10:12:40Z

<div id="subtitle">18 majors plus 10 ETFs</div><div><p>In the last period of sharply rising prices (the late 1970s), gold shot from $100 to $850. This gold bull began at $250 nine years ago, and gold bugs such as hedge funds manager John Paulson believes it may peak well above $2,125 an ounce before this one's over. </p><p>Last Thursday the gold price plumme...

Surprising new trend in gold stocks emerges

2010-02-23T00:51:32Z

<div id="subtitle">Includes John Paulson’s top gold speculation</div><div><p>Put together a volatile asset class, a new all-time high, a sharp correction, and the start of a New Year and what do you get…a very diverse set of expectations. </p><p>Many of the long-time gold followers are as bullish as ever. Rob M...

Why gold will be the 'greatest trade' ever

2010-02-23T08:13:39Z

<div id="subtitle">And what the current stage likely means for investors</div><div><p>Forget about all the forecasts being made for 2010. Here's my prediction for 2015: An entirely new name - John A. Paulson - will grace the coveted top of the annual Forbes billionaires list. And the gap between Paulson and the runner-up ...

"John Paulson Returns to Earth" (What's Next, Dec. 14, 2009)

2010-02-23T11:24:45Z

<div><h1>"John Paulson Returns to Earth" (What's Next, Dec. 14, 2009) </h1><p>"John Paulson Returns to Earth" (What's Next, Dec. 14) said the hedge fund manager doubled his stake in Kraft Foods, which is making a hostile play for Cadbury. He doubled his position in Cadbury. </p><img src=...

Warning: Biggest trend in 2009 is about to end

2010-02-23T14:26:00Z

<div id="subtitle">Avoid the hazard and position yourself for maximum profit</div><div><p>Renowned speculator Bernard Baruch once said, “The main purpose of the stock market is to make fools of as many men as possible.” </p><p>As 2009 comes to a close, this year’s most popular investment is likely to make a lot of investors look like fools. </p&am...

CORRECTED: Yellow-Pages plot high tech road out of bankruptcy

2010-02-23T16:13:50Z

<div><p>Corrects 14th paragraph to show R.H. Donnelley supplies content for and does not operate YellowPages.com</p><p>By Emily Chasan</p><p>NEW YORK (Reuters) - When U.S. yellow-pages publishers Idearc Inc &...

Hedge fund manager Paulson buying stocks

2010-02-23T18:56:52Z

<div><p>NEW YORK (Reuters) - Billionaire hedge fund manager John Paulson said on Tuesday he still sees compelling long-term returns in equities even after their sharp run-up this year, while holding no short positions in the credit markets.</p><p>"Today our net long exposure is perhaps the highest it has ever been in our...

MAN OF THE MELTDOWN

2010-02-23T21:02:20Z

<div><h1>MAN OF THE MELTDOWN </h1><p>The Greatest Trade Ever </p><p>By Gregory Zuckerman </p><p>Broadway; 293 pp.; $26 </p><p>The Great Recession of 2009 destroyed trillions in wealth. But a few lucky or shrewd souls profited from this catastrophe. Perhaps the single largest beneficiary wa...

Paulson's golden investors have to commit $10 million

2010-02-24T02:37:33Z

<div><p>BOSTON (Reuters) - Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a prospectus.</p><p>In return, Paulson &amp; Co, one of the world's biggest and most s...

Two-step strategy to making a fortune in gold

2010-02-24T03:02:09Z

<div id="subtitle">Biggest money will likely be made in the next eight years</div><div><p>“Maybe [gold] will reach $1,100 or so but $1,500 or $2,000 is nonsense.” </p><p>That’s what Nouriel Roubini said a few days ago at the Inside Commodities Conference in

Fund manager Paulson to start new gold fund: report

2010-02-24T03:48:53Z

<div><p>NEW YORK (Reuters) - Billionaire hedge fund manager John Paulson is launching a new gold fund, which will include $250 million of his own personal investment, the Wall Street Journal reported on Wednesday.</p><p>Paulson is among a numbe...

Hedge fund billionaire Paulson reports new Citi stake

2010-02-24T05:42:20Z

<div><p>NEW YORK (Reuters) - Hedge fund billionaire John Paulson's firm took a stake in Citigroup &lt;C.N&gt;, while cutting holdings in Bank of America &lt;BAC.N&gt; and i...

What the "man who made too much" says about gold

2010-02-24T11:47:23Z

<div id="subtitle">In 1973 inflation was 9% and gold rose 67%</div><div><p>The U.S. dollar is a sort of monetary brand. And like any other brand, it can fall out of favor. Even iconic brands can rapidly lose their "must-have" cachet. Sometimes, a brand can disappear entirely, as did Pan American Airways or "Members O...

Maximizing gains from the ongoing gold bull market

2010-02-24T23:39:23Z

<div id="subtitle">Still exceptional values in the junior gold stocks</div><div><p>Last Friday the folks at Fox Business News invited your editor on to talk about gold (view clip here – I come on at about the 21 minute mark). </p><p>If you watch the video, it won’t take long to see Fox Business probably won’t be having me back on anytime soon. </p><p>The reason I won’t be back is not...

CIT's future in question ahead of lender meeting

2010-02-25T00:51:51Z

<div id="subtitle">Shares of CIT see-saw on reports of hedge fund merger talks, debt swap bid being readied</div><div><p>CIT Group Inc.'s shares soared Tuesday on a report that hedge fund manager John Paulson is considering merging the troubled finance company with failed mortgage lender Reuters) - CIT Group Inc &lt;CIT.N&gt; shares surged on Tuesday following a newspaper report that hedge fund Paulson &amp; Co wants to combine the cash-strapped lender with a Paulson-affiliated bank once known as

John Paulson buying Citigroup shares: report

2010-02-25T15:16:20Z

<div><p>(Reuters) - Hedge fund manager John Paulson, who bet against financial companies after foreseeing the credit crisis, has been buying Citigroup Inc &lt;C.N&gt; shares over the past few weeks, the New York ...

Three top investors bet big on the inevitable

2010-02-25T17:34:38Z

<div id="subtitle">Deflation could be a short-term issue, but it won’t be</div><div><p>The most powerful people in the financial world are doing anything they can to prevent it. </p><p>Central bankers fear it. CEO’s hate it. Banks get destroyed by it. </p><p>Don’t worry though, they have banded together to beat it…at any cost. And you can rest assured, they will beat it. As for the cos...

BofA shares jump after exec, hedge fund buy shares

2010-02-25T20:41:28Z

<div id="subtitle">Bank of America shares up after bank exec, US hedge fund Paulson &amp; Co. buy shares</div><div><p>Shares of Bank of America shot up Thursday as a new executive at the bank, as well as a prominent hedge-fund manager, ...