Tags: John Paulson, possibilities
John Paulson’s strategies are pretty complex, if he may say so himself, as he does. So if he had his druthers, he’d stick with making money (and occasionally losing money) for investors as savvy and sophisticated as he is.
The only problem is, some of those savvy and sophisticated investors are getting a little uppity about little things like $2.3 billion paychecks and 2/20 for sub-S&P500 returns and the like. Well, hear this: If institutional investors don’t want to pay John Paulson, John Paulson will find someone else who does. Read more »
Tags: John Paulson, Puerto Rico, who wouldn't want to work at AIG Plaza?
John Paulson is sticking to his story that he won’t be moving to the tax-friendly shores of the Singapore of the Caribbean. On the other hand, he’s just bought some pretty nice Class A space from Robert Benmosche to go along with all of those miles of beachfront on which he could conceivably live. Read more »
Tags: John Paulson, Paulson & Co., performance, returns
Mostly due to a killer Memorial Day weekend BBQ out east, but he’ll take what he can get. Read more »
Tags: John Paulson, like you've never seen before, Puerto Rico, Singapore of the Caribbean
Make no mistake: John Paulson still loves Puerto Rico. And even if he can’t abandon the city of his birth for fun-in-the-sun money management on his beach 25 miles east of the island’s capital, he can certainly make money off the lucky (not so lucky?) ones who do, the posh pioneers who will either turn deeply indebted Puerto Rico into a major world financial center or introduce the death penalty for stealing bread. To which end he will continue to buy beaches, and build upon them residences of such luxury as to make the island’s current chic districts look like the hovels and shantytowns that they are. Read more »
Tags: John Paulson, pining, Puerto Rico, tete-a-tetes
And Puerto Rico isn’t giving up on Juan Paulson: If he won’t/can’t move there, maybe he’ll move a few more of his dollars south. Read more »
Tags: hedge fund managers, Joe Farrell, John Paulson, petitions, Southampton, the King of McMansions, to be fair...he's not wrong, visual incompatibility
… [John Paulson] is wading into a local housing controversy and arguing that a large-scale home proposed for a small-scale historic neighborhood on Hill Street in Southampton poses a “threat to our character” and the “peace and tranquility that makes our village what it is.” Mr. Paulson is one of some 85 area homeowners who penned letters to a local village review board. They object variously to the size, scale, scope and “visual incompatibility” of a speculative home planned on a vacant lot in an area where nearly a dozen nearby residences are more than a century old and roughly half or a third the size. The letter writers—socialites, financiers, artists, developers and the scions of a president and a governor—are opposing current plans for the 5,531-square-foot, single-family home on a 1.2-acre parcel being developed by Joe Farrell, a Hamptons builder whom critics have dubbed the “King of McMansions.” [WSJ via BI, related]
Tags: Hedge Funds, John Paulson, Paulson and Co, performance, returns
March didn’t turn out as well as everyone had hoped but, on the bright side, it could’ve been so much worse. Read more »