Casey's Charts: John Paulson, The Worlds Best Hedge Fund Manager Agrees With Gareth On Strategy

If John Paulson ever wants a job in Kamiyacho working for Pinnacle, it's his...

June 04, 2009

The privately owned hedge fund sponsor Paulson & Co. added over $3.7 billion in new gold positions during the first quarter of 2009, increasing its total investment to $4.3 billion. About 46% of the equity portfolio is now allocated towards gold and gold stocks.

Not familiar with Paulson & Company, or founder John Paulson? You should be, and here’s why:


• Paulson’s bet on the subprime mortgage debacle earned $3.7 billion in 2007.

• The company made an estimated £606 million profit selling short British bank stocks in September 2008.

• John Paulson ranked #2 on Alpha’s Highest-Earning Hedge Fund Managers of 2008.

• Two of Paulson & Co.’s funds ranked #1 and #4 on Barron’s Top 100 Hedge Funds 2009 list.