Also better weeks/months/years. Read more »
Paulson & Co.
Your personal gold investment, also known as the PFR Gold Fund, is up double-digits through September. Not the kind of double-digits it was down last year, but, hey, ya gotta start somewhere. And also hope you hedged the hell out of it last month. Read more »
Just in time for Valentine’s Day comes the romantic story that the the 83 year-old hedge fund manager made a ton of money in 2013, and about 80%* it before his September 21st nuptials and can therefore keep to himself,** should this marriage should end in a similar manner to his first two. Read more »
Baupost Group, Paulson & Co. and Cargill’s hedge fund unit think it’s awfully fishy that the corpse of Lehman Brothers is so eager to sell almost $3 billion in bankruptcy claims to Elliott Management and King Street Capital Management for a little over $1 billion. Especially since CarVal would like to pay almost $1.5 billion for the same claim.