Hedge fund manager, John Paulson, quickly because a household name and an idol on Wall Street, after his successful 2007 trade netted him $12 billion with bets against subprime mortgages. Many on Wall Street regard this trade as one of the greatest in history. Since then, Paulson has been a regularly followed guru hedge fund manager, as people try to see if they can catch hints on any new big trades. However, in the years since the great trade, notably, 2011-2014, Paulson has not had very good luck, as performance continues to be a major problem for his funds.
John Paulson’s Event Fund down -27%
In 2014, Paulson’s Event Fund is down -27% for the year, after a particularly rough Setup a free account to get access to this article (no credit card required).Login required to continue reading.
