Paulson & Co

HenryTo · Posted: Thu Sep 11, 2008 12:05 am Post subject: Paulson & Co

John Paulson - who made 590% in his flagship hedge fund last year by betting against subprime securities - is now planning to switch to the long side:

http://www.ft.com/cms/s/0/a6a60cd8-7cfe-11dd-8d59-000077b07658.html?nclick_check=1

rffrydr · Posted: Wed Apr 18, 2012 5:47 am Post subject:

CNBC reporting that he is short the far from obvious Bund. Funny how if it fails it is still profitable. Ah...the luxury of a year.
_________________
Today is the Tomorrow you worried about Yesterday!

HenryTo · Posted: Tue Apr 17, 2012 12:42 am Post subject:

Paulson's latest moves--not very innovative, however. And the risks are definitely symmetric, unlike his moves back in 2006.

http://www.bloomberg.com/news/2012-04-16/paulson-said-to-short-europe-bonds-amid-spain-concern.html

rffrydr · Posted: Thu Apr 05, 2012 7:29 am Post subject:

Is Buffett the pioneer here? I don't think he gets any management "fee" 'cause the company is just his, right???
_________________
Today is the Tomorrow you worried about Yesterday!

HenryTo · Posted: Thu Apr 05, 2012 12:30 am Post subject:

Paulson gets into the reinsurance business.
-----------------------------------------------------------------------------------
Validus, Paulson team up on new reinsurer

Add John Paulson to the list of hedge fund managers sticking a toe into the reinsurance business, in his case via a deal with reinsurer Validus Holdings.

Validus said on Wednesday a new company, PaCRe Ltd, had been formed with an initial capitalization of $500 million to write reinsurance, which insurance companies use to backstop portions of their risk.

Validus put up 10 percent of that capital and will underwrite the company's policies, collecting a commission based on its profits. The source of the rest of the capital was not immediately clear.

Paulson & Co will manage PaCRe's investment portfolio, Validus said in a statement. Wall Street firms have traditionally been attracted to the reinsurance business in part from the fees to be gained on managing investments.

Paulson's step into the business is less aggressive than those of his peers, many of whom have set up and funded reinsurers to profit from both the underwriting side of the business and portfolio management operations.

Dan Loeb's Third Point LLC set up a reinsurer called TP Re, while Steve Cohen's SAC Capital has set plans to open up SAC Re. They followed on the model of David Einhorn and his Greenlight Capital Re Ltd.

rffrydr · Posted: Fri Dec 16, 2011 7:21 am Post subject:

...Nothing fails like success. Twisted Evil

_________________
Today is the Tomorrow you worried about Yesterday!

HenryTo · Posted: Thu Dec 15, 2011 12:19 am Post subject:

John Paulson takes the final hit of the year as gold plunges to a five-month low.

http://www.bloomberg.com/news/2011-12-15/paulson-s-bright-spot-amid-slump-may-fade-as-gold-drops-to-five-month-low.html

HenryTo · Posted: Mon Oct 10, 2011 11:57 am Post subject:

Paulson's funds took another hit in September:

http://dealbook.nytimes.com/2011/10/10/another-traumatic-month-for-paulson/

rffrydr · Posted: Sat Aug 27, 2011 8:20 am Post subject:

If I could buy it, I'd buy it now. He seems to be the single Hedgie who didn't bail big for the year--and who's actually hedged!

At these prices it won't be hard for him to press the bet taking some of that gold off the table and the dividend stream next year and 2012 will be substantial on its own. The risk is Depression; but then you wanna be sitting in EWZ, getting taxed to boot?!
_________________
Today is the Tomorrow you worried about Yesterday!

HenryTo · Posted: Fri Aug 26, 2011 11:59 am Post subject:

Flagship fund down 39% YTD. Unfortunately, his gold holdings could not offset his losing bets in financials and HPQ.

http://www.bloomberg.com/news/2011-08-24/paulson-hedge-fund-said-to-lose-14-in-august.html

rffrydr · Posted: Mon Aug 16, 2010 8:33 pm Post subject:

June 30 Portfolio:

http://www.zerohedge.com/article/paulson-goes-hog-wild-q2-adds-billions-existing-positions-opens-new-positions-goldman-ggp-ac

_________________
Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Fri Jul 16, 2010 10:49 pm Post subject:

There were rumors of Paulson liquidating gold on Friday, as well as liquidating holdings of other stocks. He is said to
have large holdings in Bank of America and Citigroup along with the GLD ETF, and it’s possible that the stock
market’s selloff was exacerbated because it smelled blood in the water.
_________________
Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Fri Apr 16, 2010 12:09 pm Post subject:

Alphaville...funny:

http://ftalphaville.ft.com/blog/2010/04/16/205071/formerly-the-greatest-trade-ever/
_________________
Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Fri Aug 14, 2009 7:31 am Post subject:

Bank stocks still unloved:

http://www.bloomberg.com/apps/news?pid=20601110&sid=aeSoT8tu5e_c
_________________
Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Thu Aug 13, 2009 1:25 pm Post subject:

The hue and cry is he's just flipping the offering. Neglect to notice the Region's purchase--as the Madman says, you can't flip that.
_________________
Today is the Tomorrow you worried about Yesterday!

HenryTo · Posted: Wed Aug 12, 2009 5:08 pm Post subject:

John Paulson's latest purchases. I actually found out about his Bank of America purchases a few weeks ago. One of the guys at the UCLA Endowment had dinner with him and they chatted about his recent purchases, including Bank of America and his interest in gold:

http://www.bloomberg.com/apps/news?pid=20601087&sid=ai65QHjgGmc4