Q: Are there ways to protect a portfolio from a bear market in bonds? A: There’s growing concern in bond land. The stock market is firming, some investors are shifting cash from bonds to equities, and interest rates, still near all-time lows, likely will move higher over the next few years if the economy keeps [...]
Archive for Articles
Stocks Testing Records—But There’s Still Room to Run
By GREGORY ZUCKERMAN The market is surmounting a wall of worries to approach all-time highs. The best news: There are reasons to think the good times will continue.
Cocoa’s Drop Pressures a Big Wager
By GREGORY ZUCKERMAN And LIAM PLEVEN Mr. Ward’s Armajaro Holdings Ltd. shook up the commodities market in July by buying a $1 billion cache of cocoa, enough to make 15 billion Hershey’s milk-chocolate bars. But since Mr. Ward made his audacious bet, cocoa prices have dropped 26%. Two hedge funds run by Armajaro, including its [...]
Firm Makes Bold Bet on Falling Prices
A Wager by Fairfax Financial Risks $174 Million. If Deflation Arrives, It Could Be Worth Billions. By GREGORY ZUCKERMAN A Canadian insurer is turning to a seldom-used strategy to make a big wager on falling prices over the next decade. Greg Zuckerman discusses a Canadian insurer that has wagered on derivatives that profit from a [...]
Pellegrini’s Hedge Fund to Return Money to Investors
Paolo Pellegrini, the investor who helped hedge-fund manager John Paulson score more than $15 billion of profits betting against risky mortgages, is returning money to clients of his own hedge fund after suffering losses this year. Mr. Pellegrini’s PSQR Capital has lost about 11% so far in 2010, according to a person close to the [...]
Gregory Zuckerman to appear at Wellesley Booksmith
Ever wonder how someone could earn four billion dollars in one year? Find out at Wellesley Booksmith on June 10 at 7 p.m. and hear what Wall Street Journal Senior Writer Gregory Zuckerman, author of “The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History,” has to [...]
Paulson Confronts Goldman Fallout — Hedge Fund Allays Investors’ Concern; ‘I Felt Reassured’
By Gregory Zuckerman and Jenny Strasburg John Paulson hasn’t been accused of any wrongdoing. But the hedge-fund billionaire has gone on the offensive to reassure investors that his huge firm will emerge unscathed from a case that has drawn him into a political and legal vortex. The steps, including a conference call with about 100 [...]
Ex-Paulson Exec Told ACA Firm Would Go Short On Abacus
By Gregory Zuckerman and Serena Ng Of THE WALL STREET JOURNAL Paolo Pellegrini, a former top executive at hedge-fund Paulson & Co., told investigators at the Securities and Exchange Commission that he had informed ACA Management LLC that his firm was betting against the transaction at the center of a lawsuit the SEC brought against [...]
Q&A / GREGORY ZUCKERMAN
The man who wrote the book on Paulson JOANNA SLATER 19 April 2010 The Globe and Mail NEW YORK — Gregory Zuckerman is a senior writer at The Wall Street Journal and author of The Greatest Trade Ever: The Behind-the-scenes Story of How John Paulson Defied Wall Street and Made Financial History. Thanks to a [...]
Outlook: Where Will the Markets Go Next?
The Wall Street Journal FEBRUARY 7, 2010 by Gregory Zuckerman A year ago, investors were dealing with heavy losses from the most brutal stock-market selloffs in years. The last thing they expected was a ferocious bull market. And yet, shares soon began to soar — climbing more than 50%. Last year’s unexpected stock rebound — [...]
