This blog will provide commentary on the intersection of financial and political decision-making. However, the blog may also contain, from time to time, random thoughts which quite often may have no point whatsoever.
Thursday, December 22, 2011
Hedge Fund Mangers Still Get Rich Even If Their Clients Take a Bath
Seeking Alpha 3:06 PMJohn
Paulson's Advantage Plus Fund is down another 9% in December, claims a Reuters source,
bringing its YTD losses to 52%. Paulson's Advantage Fund, meanwhile, is said to
be down 36% YTD, and his gold fund 7%. Hedge Fund Research estimates the average
hedge fund lost 4.37% from January-November.