John Paulson’s 2011 Returns and Performance

John Paulson has had a rough year, in fact the worst of his career reports Bloomberg, but if October is any indication, he could be on the rebound. The popular fund manager, notorious for being bullish about economic recovery by the end of 2012, was able to pare his year to date losses after posting positive returns on all of his funds in October.

PAULSON & CO

John Paulson’s Advantage Funds

John Paulson’s main fund, the Advantage Plus Fund, gained +2.4% in October, thanks largely to the recent equity rally. Stocks were up thanks to a combination of higher than estimated earnings and optimism over the Eurozone debt crisis. The gains pushed the year to date loss for the Advantage Plus Fund from -47%, which is where it was at at the end of September, to -44%. The gold share class also advanced. It went up +3.3%, bringing the year to date loss to -27%. Paulson’s Advantage Plus Fund focuses on profits from corporate events, like takeovers or bankruptcies, and uses leverage to amplify returns. John Paulson’s Advantage Fund is, by comparison, dollar denominated but uses a similar strategy as his Advantage Plus fund. It gained +4.7% in October, bringing its year to date losses to -29%. The gold share classs of this fund grew +8.3% in October, which brought its losses to -12 percent for the first 10 months of 2011. For most of Paulson & Co.’s funds, investors can choose between dollar-denominated and gold-denominated versions.

John Paulson’s Other Funds

John Paulson had good luck in October with his other funds as well. Paulson’s Recovery Fund, which invests in long positions Paulson believes are depressed in value because of the economy, grew +10% in October. The strong growth last month brought the fund’s year to date returns to -25%. In comparison, the gold share class gained +13%, bringing its year to date decline to just -11%. Paulson’s Partners Enhanced Fund, which focuses on investing in emerging companies, increased +3.3% in October, bringing its year to date return to -17%. The gold share class rose +7.3% last month, pushing its year to date returns to +2%. Paulson’s Credit Opportunities Fund also gained in October, rising +4.9% last month and bringing its year to date returns to -15%. The gold shares swelled +7.5% in October, bringing its year to date returns to +2%. Paulson’s Gold Fund is up +9.4% year to date after gaining +8.3% in October.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

10 Worst Airlines in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!