Friday, September 30, 2011

Life is Hard When You Can't Choose The Mortgages that Go Into the MBS: "John Paulson Lost Another 6% In September "

From NetNet:
You can end your speculation.
John Paulson lost another 6% in September according to Bloomberg.
There's been tons of speculation about how well he did in August, especially considering the carnage in the gold miners, which he is heavily invested in. The Advantage Fund is down 28% for the year, according to the report. It's his Advantage Plus Fund that's much worse, having already lost over 40% going into this month.
This story originally appeared on Business Insider