Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

John Paulson’s Two Favorite Stock Picks

PAULSON & COJohn Paulson doesn’t really have a good track record of stock picking. He made his billions by shorting the housing market and by buying physical gold. At the Ira Sohn Conference John Paulson recommended a long position in AngloGold (AU) because of its cheap valuation. We have a different take on this stock. Since the beginning of 2006 gold prices tripled whereas AngloGold lost nearly 45% of its value. Given John Paulson’s recent track record, this may be an excellent short candidate.

Paulson also recommended Caesars Entertainment Corp (CZR). This recommendation doesn’t make sense. Paulson had only $182 million invested in this stock at the end of March, whereas he had $1.35 billion in AU. We don’t think this is one of Paulson’s highest conviction stock picks.

Loading Comments...