In a piece today on John Paulson’s 2010 performance, the Journal notes that while it was pretty good, the hedge fund manager shouldn’t exactly be doing any victory dances in the end zone. Sure, 30+ percent returns, when you’re managing more than $30 billion, are “very rare” in the business. But, they’re just saying, JoPau probably shouldn’t be doing any bragging and may in fact want to think about where he went wrong, considering in 2007 he returned 590 percent. They don’t want to be critical! They’re merely pointing out: no one’s written a book about Paulson’s 2010 trades. Perhaps feeling a bit bad, or as though they’d gone too far, they do charitably note that the $5 billion Paulson earned is a lot more than some people.
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.
Uncalled for.
The second mouse gets the cheese.
Steve C.
Dominos Cheese Pizza Lover
The second mouse gets the cheese.
Steve C.
Dominos Cheese Pizza Lover
Think about Biff!
Think about Biff!
I really feel badly for Stevie Cohen – - man is he poor.
I really feel badly for Stevie Cohen – - man is he poor.
Goddammit so much this blog gone straight into the shitter.
Goddammit so much this blog gone straight into the shitter.
Goddammit so much this blog gone straight into the shitter.
Goddammit so much this blog gone straight into the shitter.
Goddammit so much this blog gone straight into the shitter.
Goddammit so much this blog gone straight into the shitter.
Try that comment again, this time with proper English.
Try that comment again, this time with proper English.
yeah, no.
yeah, no.
actually it’s better than ever. but please, continue the attempt to feel better about your life by noting in an anonymous comment about things going “straight to the shitter.”
actually it’s better than ever. but please, continue the attempt to feel better about your life by noting in an anonymous comment about things going “straight to the shitter.”
actually it’s better than ever. but please, continue the attempt to feel better about your life by noting in an anonymous comment about things going “straight to the shitter.”
actually it’s better than ever. but please, continue the attempt to feel better about your life by noting in an anonymous comment about things going “straight to the shitter.”
actually it’s better than ever. but please, continue the attempt to feel better about your life by noting in an anonymous comment about things going “straight to the shitter.”
you’re an idiot.
you’re an idiot.
you’re an idiot.
you’re an idiot.
you’re an idiot.
you’re an idiot.
you’re an idiot.
you’re an idiot.
Learn Eng-rish and then you can comment, Dee Lee.
One commenter is a Justin Bieber fan
All these numbers are confusing me.
-guy who is still trying to figure out if size matters.
All these numbers are confusing me.
-guy who is still trying to figure out if size matters.
yea but what was his bonus?
yea but what was his bonus?
Bess, this deserved to have his portfolio shoot included.
-Guy that wants to see the John ‘Fonz’ Paulson
OMFG SO JOHN PAULSON LEAVES AS TREASURY SECRETARY AND THEN SUDDENLY KNOWS HOW TO MAKE $5 BILLION WITH EVERYONE ELSE STILL EATING CAT FOOD … I WONDER HOW MUCH HE SPLIT WITH HIS FORMER EMPLOYER MR JAMIE DIAMOND OF GOLDMAN SACKS??? HELLO SHEILA BEAR WHEN WILL THE SEC STEP IN TO STOP THIS RAPINE
shouldn’t you be Winning the Future?
Normally I don’t take these kinds of comments very seriously, but your use of “OMFG” and all Caps leads me to believe you are someone whose judgement should be heeded. Please, go on.
Normally I don’t take these kinds of comments very seriously, but your use of “OMFG” and all Caps leads me to believe you are someone whose judgement should be heeded. Please, go on.
Normally I don’t take these kinds of comments very seriously, but your use of “OMFG” and all Caps leads me to believe you are someone whose judgement should be heeded. Please, go on.
You are truly, the last bastion of balance / reason and such. Protect us
it was the omfg? not the whole, mistaking john paulson for hank paulson?
remind me again when john paulson was treasury secretary?
-knowledge, get some of it
I love so much of this comment:
- the confusing of john paulson for hank paulson
- the confusing of jamie dimon for lloyd blankfein
- the confusing of sheila bair for mary schapiro
but most of all, ‘rapine’
sarcasm much? any?
or just too dense to see it?
sarcasm much? any?
sarcasm much? any?
sarcasm much? any?
Joke briefer?
so how much tax will he pay? 2 billion? are hedge fund managers paying the full 40% federal and state rates on investment gains (being mtm), as well as on fees?