John Paulson’s Paulson & Co Off to a Good Start in 2012

PAULSON & CO2011 was a rough year for John Paulson’s Paulson & Co. – his Advantage Plus fund was down 52.5% for the year and his other funds didn’t fare much better –  but early indicators show that Paulson is off to a good start this year.

“One of Paulson & Co’s key funds, the Advantage Fund, gained roughly 4% through Jan. 17, according to a person familiar with the fund,” writes the Wall Street Journal. In comparison, “The S&P 500 rose about 2.9% from the end of 2011 to Jan. 17.” It may only be a couple weeks since the start of the year but returns that far above the market’s must come as a relief to Paulson after major losses his funds saw last year.Paulson, who had made billions in 2007 betting against US subprime mortgages, is still bullish about property investment. Paulson “is sticking with bullish investments in residential and commercial mortgage securities, helping his Credit Opportunities Ltd. fund gain about 1 percent last quarter to narrow its 2011 decline to 18 percent.” The renewed demand is poised “to fuel a rebound that’s allowing the Federal Reserve Bank of New York to attract buyers for bonds it took over during the rescue of American International Group Inc. (AIG) in 2008.”

Dividend Stock Alert - Billionaire Robbins' Top Dividend Idea With 70% Upside Potential

Get Paid 3.5% Per Year While Waiting For The Stock Appreciate 70%

Larry Robbins' Glenview Capital Opportunity Fund returned 101.7% in 2013 and Robbins personally made $750 million. The same fund returned 25.3% in 2014. In this FREE REPORT we will share Robbins' top dividend idea that yields 3.5% and has been increasing its dividends for 39 consecutive years. Robbins thinks the stock has the potential to appreciate 70%.

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click Here to Read Comments
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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!