John Paulson is the fuckin' man. He's my hero in the financial world (don't agree with his political views). This guy made about 15 Billion USD in 2007, 5 Billion more in 2008. He pocketed that money. IN HIS MOFUGGIN POCKET. Soros made ONE Billion betting against the British Pound in 1992 and pretty much broke the bank but Paulson takes the fucking cake!!!
If you guys are interested in finance, even if you're not interested, take a read of the book "The Greatest Trade Ever." It really is the greatest trade ever. He made SO MUCH money those two years it's not even fucking funny.
Anyway, I agree with his moves on commodities as I'm uber-bullish on gold, silver, platinum, pallladium and agriculture. Paulson (and a lot of the other guys who made money betting against housing via CDS's) pretty much bought everything he could that had any resemblance to gold. He has like 80% in gold and if gold passes 2500 (which it definitely will, actually gold should be at 2400 right now but with all the naked shorts put on by JP Morgan, Goldman Sachs, etc. gold is seriously supressed at 1400) he will be the richest man in the world.
Here is his latest investment information that was released:
If you guys are interested in finance, even if you're not interested, take a read of the book "The Greatest Trade Ever." It really is the greatest trade ever. He made SO MUCH money those two years it's not even fucking funny.
Anyway, I agree with his moves on commodities as I'm uber-bullish on gold, silver, platinum, pallladium and agriculture. Paulson (and a lot of the other guys who made money betting against housing via CDS's) pretty much bought everything he could that had any resemblance to gold. He has like 80% in gold and if gold passes 2500 (which it definitely will, actually gold should be at 2400 right now but with all the naked shorts put on by JP Morgan, Goldman Sachs, etc. gold is seriously supressed at 1400) he will be the richest man in the world.
Here is his latest investment information that was released:
Paulson's biggest moves are below.
Paulson sold:
I'm not sure what Anandarko is. Never looked it up but apparently it's a fertilizer company. I'm gonna check it out but I don't deal with any US equities at all.
Hope this helps some of you. And definitely check out that book!!!
Paulson sold:
- Bank of America ~$600 million (~30 million shares)
- Citigroup - ~$300 million (60 million shares)
- JPMorgan - ~$50 million (2 million shares)
- Wells Fargo - ~$60 million (2 million shares)
- Capital One - ~$100 million (2 million shares)
- Exxon - $525 million (9,169,259 shares)
- Anandarko - $765 million (13,400,000 shares)
I'm not sure what Anandarko is. Never looked it up but apparently it's a fertilizer company. I'm gonna check it out but I don't deal with any US equities at all.
Hope this helps some of you. And definitely check out that book!!!