Tag Archive: Billionaire Investor

Billionaire Investor John Paulson Loves Gold-Here's Why:

For those of you who have not heard of investor and hedge fund manager John Paulson, he is a man that forecast the sub-prime mortgage crises and made large, bearish bets on the housing market. Paulson was right. The U.S. housing market went into a tail spin as property values collapsed and mortgage defaults became rampant. The haul on the trade was so large that Mr. Paulson is believed to have made a cool three or four billion for himself-which is believed to be the... Continue Reading

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