John Paulson, the President and Founder of Paulson & Co. was made famous in the early days of the financial crisis when his courageous bet against the sub prime mortgage market made him a household name, even outside of the investment sector. Between 2006 and 2007, he made $15 billion on these types of trades. That propelled him to the top of the hedge fund world in both assets and notoriety. In 2011, however, his notoriety was of a different kind. Paulson’s Advantage Funds fell by 36 per cent that year. He was one of the worst performers in one of the…
John Paulson Discusses his 2011 Awful Year
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.