Who is the better trader, Paulson or Cohen?

Discussion in 'Wall St. News' started by Pekelo, Jan 30, 2011.

  1. Pekelo


    So last year's results are in, Paulson made his 2nd huge win and possibly the biggest profit for one person in a year:

    "Hedge-fund manager John Paulson personally netted more than $5 billion in profits in 2010—likely the largest one-year haul in investing history, trumping the nearly $4 billion he made with his "short" bets against subprime mortgages in 2007."

    "One way to view the size of Mr. Paulson's $5 billion profit: It is nearly as much as the $6.4 billion that Forbes magazine last year estimated as the total net worth of Steven Cohen, the well-known head of $12 billion hedge-fund firm SAC Capital. (Mr. Cohen likely added about $1 billion in 2010, one investor says, after 16% gains in his flagship fund)."


    Who would you count as a better trader, Paulson with 2 giant sized bets, or Cohen delivering outstanding results for decades?

    Edit: I tried to make this a poll but screwed it up, if a mod could fix it....
  2. To be fair Paulson did not just make 2 huge bets, he has been profitable 16 of the 17 years he has run his fund. And the last time he had a loss was in 1998. While he wasnt the only one betting against housing, he was the ballest. At the same time he has made a killing betting on financials and gold. He is the real deal.
  3. I'll take Paulson over Stevie "frontrun the news" Cohen.