John Paulson has been reported by to the new Warren Buffett, the Master of Investing a Genius a God.
I think that all that is completely rubbish before the Economic Crisis no one knew about him, to be honest that no one knew about him has nothing to do with being a very good investors or having the status of a Master Investors. The fact is that he had been trading for very long in 1994 he started his own fund but previously had been working for a bank and before the bank for a consulting group so before 2007 he had been trading around 20 years. Definitely enough time to have experience and enough time to become a well known investor.
Before the melt down his investment record was ok, I read on an article that I have not been able to find that his investment record was around 15% since inception, I think that is a very good record but nothing to do with the Master Status that they are giving him, this is the reason George Soros 30%, Peter Lynch 29%, Warren Buffett 24% etc...
If you read this article (http://www.deepcapture.com/goldman-...dge-funds-that-pumped-and-dumped-our-economy/) is very clear that he did not make the money because he was a genius it was more because Goldman Sachs wanted to make as much money as it could so they gave advice to the Hedge Funds to short CDOs that they knew that were not worth anything since they were the ones selling them to other institutions the CDOs.
Paulson Return on the year of collapse was 432 very similar to the 15% that he had been getting.
What do you think is he a GENEIOUS or is he an IMPOSTOR?
I think that all that is completely rubbish before the Economic Crisis no one knew about him, to be honest that no one knew about him has nothing to do with being a very good investors or having the status of a Master Investors. The fact is that he had been trading for very long in 1994 he started his own fund but previously had been working for a bank and before the bank for a consulting group so before 2007 he had been trading around 20 years. Definitely enough time to have experience and enough time to become a well known investor.
Before the melt down his investment record was ok, I read on an article that I have not been able to find that his investment record was around 15% since inception, I think that is a very good record but nothing to do with the Master Status that they are giving him, this is the reason George Soros 30%, Peter Lynch 29%, Warren Buffett 24% etc...
If you read this article (http://www.deepcapture.com/goldman-...dge-funds-that-pumped-and-dumped-our-economy/) is very clear that he did not make the money because he was a genius it was more because Goldman Sachs wanted to make as much money as it could so they gave advice to the Hedge Funds to short CDOs that they knew that were not worth anything since they were the ones selling them to other institutions the CDOs.
Paulson Return on the year of collapse was 432 very similar to the 15% that he had been getting.
What do you think is he a GENEIOUS or is he an IMPOSTOR?
