... the question of what happens when the markets do open is particularly acute for the hedge fund investors -- including luminaries like David Einhorn and John Paulson -- who have collectively poured more than 10 billion euros, or $11 billion, into Greek government bonds, bank stocks and a slew of other investments... Show More Summary
Fund will initially bet on or against health, tech and consumer stocks.
Eduardo Munoz/Reuters President of Paulson & Co. John Paulson speaks during the Sohn Investment Conference in New York. Billionaire hedge-fund manager John Paulson is starting its first-ever long/short fund. The Wall Street Journal reports that Paulson’s fund will target healthcare, pharmaceutical, technology and consumer stocks. The new money pool will be managed by Guy Levy, [...]
David Tepper, Larry Robbins and John Paulson, are all up 10% or more after fees in 2015. That compares to a 3% return for the S&P 500.
ON JUNE 3rd, John Paulson—an American hedge fund manager best known for profiting from the housing market collapse—donated $400m to Harvard University, already the world's wealthiest university (as measured by its $36.4bn overall endowment in 2014). Show More Summary
In the time-honored category of “no good deed goes unpunished”, hedge fund billionaire John Paulson is being criticized for endowing a new school of engineering at Harvard with a $400 million gift. It’s the largest in Harvard history. It’s a bit hard to believe that such a gift would be [...]
On Wednesday, hedge fund manager John Paulson donated $400 million to endow Harvard's School of Engineering and Applied Sciences, making the it largest gift in the school's history. Soon after the news broke, the internet exploded with...Show More Summary
Malcolm Gladwell doesn't think Harvard needs money and he's not afraid to say it. Who can argue with an expression that intense? (via Getty) Wall Street billionaire John Paulson gave Harvard its largest donation in history on Wednesday, adding to its already enormous endowment of $36.4 BILLION dollars. Show More Summary
This week, Wall Street billionaire John Paulson donated $400 million to Harvard University. That donation earned him building naming rights with the eponymous John A. Paulson School of Engineering and Applied Sciences. But although Harvard...Show More Summary
Until “effective altruism” figures out what drives innovation, those recommendations simply aren’t that reliable. Addendum: John Sterling just wrote this in the MR comments section: I think Steven Landsburg made the definitive “pro-Paulson gift” argument in his classic Slate piece defending Ebenezer Scrooge. Show More Summary
HIGHER EDUCATION BUBBLE, THE RICH GET RICHER EDITION: Malcolm Gladwell mercilessly mocks John Paulson’s obscene $400 million gift to Harvard. I think we need to tax “excessive” endowments and spread the wealth around to other, less fortunate, academic institutions that didn’t win the academic lottery the way Harvard did. Because equality!
Malcom Gladwell is not happy about John Paulson's $400 million gift to Harvard; UBS chiefs knew about Libor rigging; Insider trading; Bitcoin; "High School Baseball Teammates Allegedly Have Sex With Sandwich On School Bus"; and more...
John Paulson, the billionaire hedge-fund manager who made money hand-over-fist by betting against the subprime mortgage market before the housing bust, has decided to donate $400 million to Harvard University, where he attended business school. Show More Summary
In case you missed it, a Wall Street billionaire donated $400 million to Harvard on Wednesday. That donation, by hedge fund manager John Paulson, was Harvard's largest gift of all time and added to Harvard's already mammoth $36.4 billion...Show More Summary
Harvard has received its biggest gift in school history—a $400 million donation from Wall Street hedge fund billionaire John Paulson—the university said Wednesday. The endowment from Mr.... To view the full story, click the title li...
BOSTON (AP) -- Harvard has received its biggest gift in school history - a $400 million donation from Wall Street hedge fund billionaire John Paulson - the university said Wednesday. The endowment from Paulson will support the School...Show More Summary
Jamie Dimon achieves billionaire status; John Paulson donates 400 mill to Harvard; Libor trader paid brokers for 'help and information'; Man regrets proposing at McDonalds; and more.
Another Wall Street billionaire has made a massive donation to an Ivy League school. Hedge fund manager John Paulson donated $400 million to endow Harvard's School of Engineering and Applied Sciences, Bloomberg News reports. Harvard,...Show More Summary