He started building his gold position after qe 1 was announced. That's a fact from the letter he sent clients in mid to late 09. Regardless, he made money on the recovery by buying distressed debt no one else wanted, I.e. Lehman. He has made >4 billion in one year on two seperate occasions. That's not luck and its not one hit wonders. Go look at his returns in 09 and 10 as a 30 billion.dollars fund.
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Casino gambler flops :Paulson's fund lost 46 %
- Thread starter oilfxpro
- Start date
He started building his gold position after qe 1 was announced. That's a fact from the letter he sent clients in mid to late 09. Regardless, he made money on the recovery by buying distressed debt no one else wanted, I.e. Lehman. He has made >4 billion in one year on two seperate occasions. That's not luck and its not one hit wonders. Go look at his returns in 09 and 10 as a 30 billion.dollars fund.
Quote from DT-waw:
the funny part of this are his investors.
they actually thought, famous name is able to make money in the markets.
did they care about the strategies he was using? not even a bit.
Did the people whose hard earned cash was invested have a choice , or was it some fund manager who invested on behalf on the investors?
Quote from atticus:
Paulson is holding MASSIVE amounts of raw, entitled property in CA and NV with a bankrupt REIT. Paulson + Specialty Fi. They began buying in 2008.
plus here in Arizona.
This is the same guy who bought lehman debt the DAY it went bankrupt. He is also the guy that made the Rohm & Hass, and Dow deal happen and profited over 600 billion from it.
To say someone in 18 years that only had 2 down years is gambling is delusional.
Quote from chaykapwr:
plus here in Arizona.
This is the same guy who bought lehman debt the DAY it went bankrupt. He is also the guy that made the Rohm & Hass, and Dow deal happen and profited over 600 billion from it.
To say someone in 18 years that only had 2 down years is gambling is delusional.
Yeah, I forgot about AZ and IIRC they bought there first (Scottsdale area).
Quote from DT-waw:
the funny part of this are his investors.
they actually thought, famous name is able to make money in the markets.
did they care about the strategies he was using? not even a bit.
http://www.cnbc.com/id/47990494/Insight_John_Paulson_s_returns_falter_again_investors_fret
if i'd have 22 billion to manage, i'd allocate that into 2,200 individual strategies giving each 10 million.
50 futures markets with 20 strategies on each = 1000
10 fx pairs x 60 strategies = 600
60 most liquid stocks x 10 strats= 600
total 2200 strategies, each with holding period max 1 week.
just using sane concepts with stop losses -and you end with no losing weeks.
but hey, that actually requires some work and average intelligence.
50 futures markets with 20 strategies on each = 1000
10 fx pairs x 60 strategies = 600
60 most liquid stocks x 10 strats= 600
total 2200 strategies, each with holding period max 1 week.
just using sane concepts with stop losses -and you end with no losing weeks.
but hey, that actually requires some work and average intelligence.
Quote from DT-waw:
if i'd have 22 billion to manage, i'd allocate that into 2,200 individual strategies giving each 10 million.
50 futures markets with 20 strategies on each = 1000
10 fx pairs x 60 strategies = 600
60 most liquid stocks x 10 strats= 600
total 2200 strategies, each with holding period max 1 week.
just using sane concepts with stop losses -and you end with no losing weeks.
but hey, that actually requires some work and average intelligence.
60 different strategies for 1 fx pair ? With max holding time of 1 week it would limit time frame ....youd get do many conflicting signals that you'd always be right because you'd always be long and short at the same time
Quote from DT-waw:
if i'd have 22 billion to manage, i'd allocate that into 2,200 individual strategies giving each 10 million.
50 futures markets with 20 strategies on each = 1000
10 fx pairs x 60 strategies = 600
60 most liquid stocks x 10 strats= 600
total 2200 strategies, each with holding period max 1 week.
just using sane concepts with stop losses -and you end with no losing weeks.
but hey, that actually requires some work and average intelligence.
All you'd generate is commissions and loss to microstructure.