Tuesday, November 29, 2011
Presenting John Paulson's Mea Culpa For Worst Year Ever
It is a bad day for people named Paulson. We are not sure if John Paulson, who has not updated the HSBC hedge fund performance tracker through November although was quite happy to do so in October when the market could only rip higher, is more apologetic in his latest letter for the fact that his sold gold holdings to buy even more Bank of America stock, which as everyone knows is about to have a 4 handle, or because somehow his gold fund has managed to return just 1%, even as the shiny
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment