John Paulson, an investor famous for his bet against the sub-prime market in 2008, is now putting his money firmly in the real estate market. An SEC filing made by the investor’s hedge fund, Paulson & Co., revealed the maven has acquired 11% in Realogy Holdings Corp (NYSE:RLGY).
Paulson’s investment in real estate mirrors that of another investor who made his name in the financial crisis, Kyle Bass. I’ve compared these two before, but Bass’ recent advice to invest in mortgage backed securities, mirror’s Paulson’s slightly different Real Estate bet here.
The form 3 filing with...
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