October 17, 2017

The Hobbit and Economics

Smaug's gold

Frances Woolley of Worthwhile Canadian Initiative, a Canadian economics blog, presents an entertaining, short, and informative piece on The Hobbit and economics. The dragon, Smaug’s, hoard of gold is reminiscent of some hedge fund managers’ own stockpiles. Smaug the dragon is typically viewed as a fiscal phenomenon, depressing economic activity by burning woods and fields, […]

Do Paulson and Soros Have the Golden Touch?

George Soros, at the 2011 Munich Security Conference, has increased his funds' exposure to gold.

Maybe I should buy gold. After all, the dollar’s value is decreasing. Well, I’m not alone in my interest in gold investing. Two esteemed hedge fund managers have signed on big-time. George Soros and John Paulson are both putting their funds’ capital to work through buying exposure to gold’s rise. Do Paulson and Soros have […]

Gold is Hardly a Hedge for Paulson

Even with its continued rise in price, gold is hardly a hedge for Paulson

John Paulson’s hedge fund, Paulson & Co., is winding up a dreadful year. Its largest funds, Advantage Plus and Advantage, with a combined $11 billion in assets, fell 46 and 32% percent, respectively. A significant percentage of these funds were invested in gold and gold-related bets. But gold is hardly a hedge for Paulson, which […]

The Best Hedge Fund Managers Bet Against the World

Steve Cohen, SAC Capital's manager, is among the few hedge fund managers to post gains this year.

The biggest and the best hedge fund managers bet against the world to post gains this year, as the competition reels from losses. Included among the winners is SAC Capital, a $14 billion hedge fund run by Steve Cohen. SAC charges the highest fees in the industry of 3% of assets and 50% of gains […]

Gold Bet Turns Sour for Hedge Fund, Paulson

590 Madison Ave, formerly The IBM Building, houses John Paulson's hedge fund.

Gold was a bright spot the past year for investors as markets tumbled. Reported today in The Wall Street Journal, one gold bet turns sour for hedge fund, Paulson& Co. John Paulson, the hedge fund manager, made bullish stock bets that suffered heavy losses in August. His gold holdings kept returns relatively stable for his […]

3 Reasons to Avoid Gold Like the Plague

The hedge fund manager of Tiberius Group gave 3 reasons to avoid gold like the plague. Despite gold’s surge, Christoph Eibl, manager of the Swiss commodities hedge fund, says the metal should plunge when fundamentals catch up to it, reports Frank Tang at Reuters. Tiberius manages $2 billion in commodities futures, bets on the future […]

Gold Helps Hedge Funds During August Turmoil In Equities

Gold helps hedge funds during global turmoil in equities

Bloomberg reports that record gold prices propped up hedge funds during August’s rout in global equities. Hedge funds run by Orix Investment Corp., Superfund and Four Elements Capital Management Pte benefited from the surge in gold last month, weathering the U.S. sovereign downgrade and Europe’s deepening debt crisis. The Orix Commodities Fund, which uses computer […]

The Greatest Hedge Fund Trader Ever is Down 34% This Year

John Paulson Hedge Fund Trader

Hedge fund King, John Paulson’s largest fund has taken a beating this year. Kelly Bit at Bloomberg reported that the fund’s assets have plummeted, according to a person familiar with the firm. http://bloom.bg/oCuHY9 Paulson is famous for betting big on the housing collapse in 2007. His funds racked up gains of up to 590% that […]