By Gregory Zuckerman July 1, 2020 5:09 pm ET John Paulson made billions of dollars anticipating the 2008 financial collapse. But after running into difficulties in recent years, Mr. Paulson will convert his hedge fund firm into a private investment firm that runs only his family’s money. Mr. Paulson’s decision to hand his investors’ their […]
Archive for John Paulson
Wall Street Made Charles Murphy Successful and Rich, but Happiness Eluded Him
After his apparent suicide, friends say the brilliant, commanding, sometimes abrasive banker suffered from depression—and grew despondent maintaining the charmed life he built for his family By Gregory Zuckerman, Serena Ng and Leslie Scism for The Wall Street Journal April 9, 2017 Charles Murphy used to walk home through New York City’s Central Park to his 19-room townhouse […]
Paulson Holds on to Gold Bet as Others Dump Yellow Metal
By GREGORY ZUCKERMAN John Paulson still believes in gold. That has been a painful stance lately. But Monday finally brought some good news for the well-known hedge-fund manager and other gold bulls.
Trader Racks Up a Second Epic Gain
$5 Billion Profit for John Paulson By GREGORY ZUCKERMAN 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. Mr. Paulson’s take, described by investors and people close […]
Paulson Hits Hurdles in Gold Fund
The Wall Street Journal FEBRUARY 18, 2010 by Gregory Zuckerman It took John Paulson months to convince investors that housing would crumble. Now it’s taking him awhile to get them excited about gold, his latest passion. When Mr. Paulson’s Paulson & Co. late last year announced it was starting a hedge fund to make a […]
