John Paulson Making Big New Bet (250 million) on Gold
Submitted by Jim Brown on Wed, 11/18/2009 - 13:43
At Tuesday's investor meeting Mr. Paulson argued that the bull run was only beginning for gold; he said he was starting the new fund in part to give himself more personal exposure to gold. Mr. Paulson, who is estimated to be worth about $6 billion, said he would himself invest as much as $250 million in the new fund, according to an investor at the meeting.
http://online.wsj.com/article/SB1000142405274870453390457454...
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