Business
Investor who made billions with GFC ‘big short’ bet quits hedge funds – Sydney Morning Herald
Just over a decade after shooting to fame and fortune betting against the US housing market, John Paulson has become the latest big-name money manager to walk away from hedge funds.
“After considerable reflection and careful thought, Paulson & Co. will convert into a private investment office and return all external investor capital,” Paulson wrote in a letter to investors t…
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