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He should just buy K-rands for all his clients and STFU for all time.
Awesome. Sort of like the yang to the yin of bankster looting.
With funds like this who needs enemies...
Looks like there is a Paulson investor who is losing their ass junking everbody saying any thing bad about him. Or maybe it is Paulson himself trying to keep up with what is going on in the markets.
Gold is up ~21% YTD, but his gold fund (which supposedly is long gold) is down 11%? Respect!
Not every one of his funds is a gold fund:
The Gold Fund, which can buy derivatives and other gold- related investments, rose 1.3 percent in November and 11 percent this year.
"invests in assets Paulson believes will benefit from a long-term economic upturn"
Well there is the problem. You are investing in rainbows and lollipops.
personally i prefer red vines and tootsipops, yet i digress...
And by the way: Tyler, thanks for MBI, just exitted 10,76, having entered solely on your piece last week 8,96
Likewise Tyler. Thank you sir, may we have another!
how's that FAZ working out for you?
"right time and right place"
that's all it really comes down to.
Awesome, better put Paulson on suicide watch. Better yet, just give him the rope already.
He should buy those Japanese bonds...you get a little gold piece with them..so at least you get something...
Gold getting brutalized again
Everyone is piling back into U.S. Treasuries
The last bastion of safety and security
King World News must be dumbfounded
Isnt it amazing how courrpt this who ganster riden country is? The attack on Gold is coming from none other than the liar at the Fed, he needs to sell this worthless papers so he is actively participating in the destruction of Gold. It will not last, sit tight and let all the children play with Gold contracts, I own bullion and WOULD NEVER buy and ETF unless it was issued by a country other than this one.
Is that a hat-tip to Sprott?
why do you keep saying "everyone"?
show me one person who sold real physical gold to "pile back into U.S. Treasuries".
And I am not talking about daytraders who use GLD just like any other random paperstock... real physical Au!
Usage of absolutes such as "everyone", "never", "always", etc, usually indicates a logical flaw in the thought process.
well with the tribe firmly in control of the regulatory agencies and with everything else it seems, is it any wonder? the time perhaps will come when people on the outside quit worrying about paper trading so much and then pricing the metals according to supply and demand principles............but i am not going to hold my breath. too many bow the knee to city of london on these issues. what power it must be, to be able to set the prices of real money each day morning and afternoon. but , ok, i digress. let us continue to grouse around about silly political issues here in the gulag called amerika and just pretend what we think really matters.......its time for revolution folks..........plain and simple.......
Well the recovery fund invests long-term which I would assume is 60-300 years so give it some time before making a quick judgement on its performance
let's just hope for him he doesn't have high water-marks in place, or he'll never see a dime of his 20% again...
if you're M&A, and there are no M&A, i guess you are fucked.
your investors are fucked.
you still made 2% in management fee, in this case 220 mn...
sorry, mf for adv and adv plus is only 1.5%. thus only USD 165mn this year.
and wtf 0% performance fee (???)
makes you wonder...or not, since he doesn't really caret hen if he is losing money for his clients. as long as the pension funds do not withdraw...
This is the next MF Glaobal to go down. Hold on for the ride.
its amazing that most of his clients seem to be satisfied with his performance and will not leave his fund. too bad. idiots...
Madoff investors are getting a better return .
madoff money is in the bank of israel collecting interest for any member of the sand people tribe that want to go and check on it. not only that but the crybabies probably got money from other places to , in order to recoup their "losses" therefore they have doubled their money and i am sure, you know who got it in the shorts about all of this ...........we the people, in order to form a more perfect union.......of course.......
Paulson is still rich...his clients still broke...and the wheel of life keeps rolling...
I think that's what annoys me so much when I watch CNBS, they have a never ending stream of pundits all pontificating about where the economy is going and whether or not small business is growing etc. etc. The truth is these guys are all so rich none of it matters to them in the least. They're not not losing any sleep worrying about mortages, jobs, education funds or retirement funds.
they are all on the general electric band wagon and any of them that are not members of the tribe are doing their best to kiss jewish ass and maintain their standings in the eyes of sand people tribal leaders as good and honest and hard working and of course , righteous gentiles , according , not to sharia law but to noahide laws which were implemented in 1991 by george h w bush , at the bequest of the haredies.....real cute.........
It's all good. On those assets at 2 and 20 he is doing pretty well. Even if the 20 is nothing. With performance like that who knows for how long, but right now he is smiling on the inside.
perffee is 0%, see above
"Even if the 20 is nothing."
That's the problem. Paulson should be taking 20% of the losses.
paulson should have listened to robo traitor........
And what, pray tell, convinced him that there was going to be an economic upturn? C and BAC bets were beyond stupid.
When they buy the dollar I just smile. Last one on the trash heap. Of that I have no doubt.
Didn't this clown used to be somebody a long time ago??
The Tilson/Paulson contest. Both down +40% YTD.
This could be a real horse's ass race.
Was Paulson ever good? Or is his only claim to fame piggybacking Michael Burry?
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