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发表于 31-3-2011 12:44 PM
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这位John Paulson一年赚USD5billion应该跟厉害吧!
(Reuters) - Billionaire hedge fund manager John Paulson, whose bet against the overheated housing market made him one of the world's wealthiest people, became a lot richer last year.
By earning an estimated $5 billion in 2010 thanks mainly to bets the economy would recover, Paulson likely set a record for the $1.9 trillion hedge fund industry's biggest-ever year's earnings. He beat his own record, which he set in 2007 with a $4 billion haul made off the subprime bet.
The Wall Street Journal first reported Paulson's payout in its Friday edition, and investors familiar with Paulson's portfolios said the number is likely correct given the manager's asset size and his recent profitable bets on Citigroup and gold.
More generally, Paulson's eye-popping payday confirms that hedge funds are still Wall Street's gold mine, where hefty fees make hundreds of managers extremely rich. But it also underscores concerns among investors that they may not always be getting their money's worth, especially when hedge fund returns lag behind the broader markets.
For Paulson, who now ranks among the likes of Warren Buffett and Pimco's Bill Gross as the world's most closely watched investors, the payday comes after he reversed deep losses in his funds halfway through the year. And it may finally put to rest speculation that his investing prowess was limited to one lucky bet during the subprime era.
"He did it on the short side and on the long side," said Brad Alford, founder of Alpha Capital Management, which invests with hedge funds. "He proved that he can really do it all."
Other prominent managers like Appaloosa Management's David Tepper and Bridgewater Associates' Ray Dalio likely also earned 10-figure paychecks, the Journal reported |
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