How Good Is Paulson's Stock Picking? A Look At Performance By Industry

Industry-Specific Security Selection - Paulson & Co by AlphaBetaWorks Insights

Managers Are Skilled in Specific Areas, Seldom Excellent at Everything

Investors typically treat all ideas of excellent managers with equal deference. This is a mistake. Most skilled managers achieve positive risk-adjusted performance in a few specific areas, and under-perform in others. This article continues the series surveying specific skills of widely-followed investment managers.

Paulson & Co – Long Equity Security Selection

John Paulson’s investment management firm, Paulson & Co., is best-known for the 2007 bet against the subprime mortgage market. The phenomenal success of this bet, generating a reported $15 billion in profit during 2007, earned the firm investor and media following. As a result, many continue...