John Paulson: largest one-year payday in Wall Street history.

Discussion in 'Trading' started by palenimbus, Jan 15, 2008.

  1. Probably been posted before but there's an interesting article in todays wsj on John Paulson's $3 billion to $4 billion personal windfall in 2007, believed to be the largest in wall street history, and probably corporate history as well I imagine.

    "George Soros invited Mr. Paulson to lunch, asking for details of how he laid his bets, with instruments that didn't exist a few years ago. Mr. Soros is famous for another big score, a 1992 bet against the British pound that earned $1 billion for his Quantum hedge fund. He declined to comment." :D
  2. zdreg


  3. This is the greatest trade in History