Hedge Fund Manager Paulson Objecting To Neighbor's House

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Mark Melin
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John Paulson

Hedge fund billionaire John Paulson is objecting to a smaller house being built in his Southampton neighborhood. New house would imperil that “peace and tranquility” According to a report in FINalternatives, Paulson, who owns a 15,000 square foot house on Hill Street, is protesting with 85 neighbors, many of whom are more vocal than Paulson.  He was quoted as saying the new home is a “threat to our character” and imperils that “peace and tranquility that makes our village what it is.” Animated responses Other residents of the tony beach community were more animated. The new house “must be stopped from…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.