Monday, January 31, 2011

Here’s How John Paulson Made $5 Billion Last Year



The secret to the spectacular returns  Paulson  and his employees  reported for 2010 is due to their keeping  much of their  personal money- $14.9 billion or 42% of the total assets under management($35 billion)– in the funds. That’s called putting your money to work alongside your clients. That $14.9 billion commitment is revealed in Paulson’s yearend letter to investors.

http://blogs.forbes.com/robertlenzner/2011/01/29/heres-how-john-paulson-made-5-billion-last-year/

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