Paulson is down 32-47%

Discussion in 'Wall St. News' started by Pekelo, Oct 11, 2011.

  1. Pekelo

    Pekelo

    What goes up....

    http://www.reuters.com/article/2011/10/11/us-hedgefunds-paulson-idUSTRE79A67E20111011

    "...a year where Paulson's flagship Advantage Fund is off 32 percent and its Advantage Plus cousin is down 47 percent..."

    "While investors who have been in the Advantage Plus fund since its 2005 inception are still up 268 percent over the life of the fund, clients who came in at the beginning of 2008 have made 4.3 percent, according to Bloomberg calculations."

    http://www.businessweek.com/news/20...said-to-pull-less-than-10-from-two-funds.html